Computer Systems Sample Clauses

Computer Systems. (a) The Computer Systems adequately meet the data processing and other computing needs of the Business as presently conducted. The Computer Systems function, operate, process and compute in accordance with all Applicable Laws, industry standards and trade practices. The Computer Systems operate and perform in all material respects in accordance with their documentation and functional specifications. The Computer Systems have not materially malfunctioned or failed within the past three years.
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Computer Systems. (a) Servicer to operate systems The Servicer shall operate and maintain systems capable of providing data processing, management information and other related information technology requirements to enable it to carry out the Services.
Computer Systems. The Borrower has developed and implemented a comprehensive, detailed program to address on a timely basis the "Year 2000 Problem" (that is, the risk that computer applications used by the Borrower may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999) and reasonably anticipates that it will on a timely basis successfully resolve the Year 2000 Problem for all material computer applications used by it. The Borrower believes, based upon inquiry made, that each supplier and vendor of the Borrower that is of material importance to the financial well-being of the Borrower will also successfully resolve on a timely basis the Year 2000 Problem for all of its material computer applications.
Computer Systems. (a) The Computer Systems owned by or licensed to each member of the Group comprise all computer hardware and software systems necessary for the operation of the Business as carried on at the date of this Agreement, and no member of the Group is in breach of any material agreement relating to Computer Systems.
Computer Systems. Licensee acknowledges and agrees that, as between Licensor and Licensee, ownership of and title in and to the Computer Systems and all Intellectual Property Rights in or to the Computer Systems are and shall remain in Licensor. For purposes of this Agreement, "Intellectual Property Rights" means, collectively, patents, trade secrets (as defined in the Restatement, Second, Torts), copyrights, trade names, rights in trade dress, and all other intellectual property rights, whether arising under the laws of the United States or any other state, country or jurisdiction, including all rights or causes of action for infringement or misappropriation of any of the foregoing, in each case now existing or hereafter arising during the term of this Agreement.
Computer Systems. 18.1 The Company is the owner of all elements of the Computer Equipment free from all Encumbrances.
Computer Systems. The Borrower shall maintain its System in a manner that permits the Borrower to be Year 2000 Compliant.
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Computer Systems. The computer systems of the Company listed on SCHEDULE 3.32 (including without limitation all software, hardware, workstations and related components, automated devices, embedded chips and other date sensitive equipment such as security systems, alarms, elevators and HVAC systems) constitute all computer systems necessary to conduct the Business as presently conducted. The Company has not experienced any material problems or difficulties with such computer systems related to or resulting from the "Year 2000" concern.
Computer Systems. All computer software which is used in connection with the operation of the Business is either proprietary or held pursuant to a valid, legal and binding license agreement which is in full force and effect, and no event has occurred which would constitute an event of default under any applicable agreement or which, with the lapse of time, the giving of notice or both, would constitute an event of default under any applicable agreement. Other than written industry standard license agreements, each such program or system is complete and is not subject to any lien, claim, encumbrance, security interest, right, restriction, option or purchase obligation held by any person.
Computer Systems. UNFI has proper security safeguards in place to ensure the confidentiality of all of WFM’s data as contained in UNFI’s computer systems. All such systems will perform without material defect or error in compliance with the performance standards set forth in this Agreement. UNFI has a disaster recovery program in place to ensure that, in the event of a catastrophic destruction of any portion of UNFI’s computer systems, wherever located, UNFI will be able to recover all necessary data to continue to perform its obligations hereunder in substantially the time frames contemplated herein.
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