Company Systems definition

Company Systems means all Software, and computer hardware, servers, networks, platforms, peripherals, data communication lines and other information technology equipment and related systems, including any outsourced systems and processes, that are owned or used by Company in the conduct of its business as currently conducted.

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Company Systems has the meaning set forth in Section 3.12(h).

Company Systems means all computer, hardware, software, systems, and equipment (including embedded microcontrollers in non-computer equipment) embedded within or required to operate the current products of the Company and the Subsidiaries, and/or material to or necessary for the Company and the Subsidiaries to carry on their businesses as currently conducted.

Examples of Company Systems in a sentence

In the last three (3) years, there have been no failures, breakdowns or continued substandard performance of any Company Systems which have caused the substantial disruption or interruption in or to the use of the Company Systems or the operation of the Business.
The Transferred Entities take commercially reasonable steps designed to (i) safeguard the confidentiality, integrity and security of the Company Systems and the Data stored therein and (ii) ensure that all Company Systems are (A) fully functional and operate and run in a reasonable and efficient business manner in all material respects, and (B) free from any Malicious Code or material bugs.
To the Company’s Knowledge, no Company Systems owned by the Company contains any material defect, bug or error.
The Transferred Entities utilize multi-factor authentication for all methods of remote access to Company Systems, email access, and active directory access, and all remote access software and personal computers and workstations included in the Company Systems have up to date patches for all software thereon and utilize anti-virus and full disk encryption.
Since January 1, 2022, (i) there have been no material Security Incidents, and (ii) there have been no failures, breakdowns, continued substandard performance, or disruptions affecting the Company Systems that materially and adversely affected the Business.

More Definitions of Company Systems

Company Systems has the meaning set forth in Section 4.07(f).

Company Systems means the refined petroleum product, crude oil, natural gas, liquefied natural gas, natural gas liquid and other pipelines, lateral lines, pumps, pump stations, storage facilities, terminals, processing plants, and other related operations, assets, machinery and equipment that are owned by the Company or any of its Subsidiaries or used for the conduct of the business of the Company or any of its Subsidiaries as it is presently conducted.

Company Systems shall have the meaning specified in Section 4.15.

Company Systems means all of the following to the extent used by or for, or otherwise relied on by, the Company or any of its Subsidiaries (whether owned by any of them or a Third Party): computers, computer systems, servers, hardware, software, firmware, middleware, websites, networks, co-location facilities and equipment, and all other information technology equipment, including any outsourced systems and processes (e.g., hosting locations).

Company Systems means Systems owned, leased or licensed by and operated by, or on behalf of, the Company or its Affiliates.

Company Systems means the information technology systems owned, licensed, leased or otherwise held for use (including for hosting or colocation) by the Parent, Seller, Company or their subsidiaries for the Business, including all computer hardware, Software, firmware, telecommunications systems, and similar or related infrastructure used in the Business.

Company Systems means the computer systems, including Software, hardware, networks, databases, systems, telecommunications equipment and websites (and all information transmitted thereby or stored therein), owned, leased, licensed or otherwise used or held for use by the Company and its Subsidiaries in the conduct of their respective businesses.