IoT Business definition
Examples of IoT Business in a sentence
Buyer further acknowledges that neither Seller nor any Affiliate of Seller has made any warranty, express or implied, as to the future prospects of the IoT Business or its profitability for Buyer, or with respect to any forecasts, projections or IoT Business plans prepared by or on behalf of Seller and delivered to Buyer in connection with the IoT Business and the negotiation and the execution of this Agreement.
Seller is duly qualified to do business and is in good standing as a foreign corporation (in any jurisdiction that recognizes such concept) in each jurisdiction where the ownership or operation of the Purchased Assets or the operation or conduct of the IoT Business requires such qualification, except where the failure to be so qualified or in good standing, individually or in the aggregate, has not had and could not reasonably be expected to have a Seller Material Adverse Effect.
Except as set forth on Schedule 3.9, there is no action, suit, consent decree, proceeding, arbitration or governmental investigation pending or, to Seller’s knowledge, threatened by, against or involving Seller or any Affiliate, the IoT Business or the Purchased Assets, (i) which seeks to restrain or enjoin the consummation of the transactions contemplated hereby or (ii) that could reasonably be expected to be material to the IoT Business or the Purchased Assets.
Seller is a corporation duly organized, validly existing and in good standing under the Laws of the State of California and has all requisite corporate power and authority to carry on the IoT Business as currently conducted by it and to own or lease and operate the Purchased Assets and conduct the IoT Business.
Without limiting the foregoing, as of the date hereof, there are to Seller’s knowledge, no threatened claims or investigations by any Governmental Body of potential violations against Seller or any of its Affiliates with respect to export activity or licenses with respect to the IoT Business or the Purchased Assets.
Each Subsidiary set forth in Schedule 3.2 is duly organized and validly existing and in good standing (in any jurisdiction that recognizes such concept) under the Laws of its jurisdiction of organization and has all requisite corporate or similar power and authority to own, lease and operate the Purchased Assets owned by it and to carry on its portion of the IoT Business as presently conducted by it.
Notwithstanding anything to the contrary contained herein, this Agreement shall not affect Seller’s continuing right to contact customers and suppliers in connection with the operation or conduct of the IoT Business nor Buyer’s continuing right to contact customers and suppliers in connection with the operation or conduct of its business.
To Seller’s knowledge, there is no basis for any such action, suit, decree, proceeding, arbitration or investigation not disclosed on Schedule 3.9 that could reasonably be expected to be material to the IoT Business or the Purchased Assets.
The IoT Business Process Management Functionality Group (BPM FG) relates to the integration of traditional business process management systems, as they are common in the enterprise world, with the IoT-A ARM.
The IoT Business Process Management Functionality Group (BPM FG) relates to the integration of traditional business process management systems.