Common use of Bugs and Defects Clause in Contracts

Bugs and Defects. Except as set forth in Section 4.11(w) of the Disclosure Schedule, there are no Critical Problems with any Company Product. For the purposes of the foregoing, “Critical Problem” means a bug, problem, defect, malfunction, nonconformity or error, or other vulnerabilities or faults that affects the use, functionality, security or performance of such Company Product currently installed with customers for which the Company is currently liable and which cannot be cured within a reasonable time. The Company maintains a bug tracking database that contains records of all known Critical Problems, which is maintained by its development or quality control groups, with respect to the Company Products, and such database is current and complete. Section 4.11(w) of the Disclosure Schedule sets forth the name of such database and such database has been Made Available to MBLY Vision.

Appears in 1 contract

Sources: Share Purchase Agreement (Mobileye Global Inc.)

Bugs and Defects. Except as set forth in Section 4.11(w) of the Disclosure Schedule, there There are no Critical Problems with any Company Product. For the purposes of the foregoing, “Critical Problem” means a bug, problem, defect, malfunction, nonconformity or errorerror that has been (or should reasonably be) assigned the most critical level of error for the Company’s or any of its Subsidiaries’ internal tracking and reporting systems, or other vulnerabilities or faults that affects the use, functionality, security or performance of such Company Product currently installed in a manner consistent with customers for which the Company is currently liable past practices and which cannot be cured within a reasonable timeindustry standards. The Company maintains and its Subsidiaries maintain a bug tracking database that contains records of all known Critical Problemsbugs, errors and defects, which is maintained by its development or quality control groups, with respect to the Company Products, and such database is current and complete. Section 4.11(w3.13(n) of the Disclosure Schedule sets forth the name of such database and such database has been Made Available to MBLY VisionAcquiror.

Appears in 1 contract

Sources: Merger Agreement (Acxiom Corp)

Bugs and Defects. Except as set forth in Section 4.11(w) of the Disclosure Schedule, there There are no Critical Problems with any Company Product. For the purposes of the foregoing, “Critical Problem” means a bug, problem, defect, malfunction, nonconformity or error, or other vulnerabilities or faults error that materially and adversely affects the use, functionality, security or performance of such Company Product currently installed with customers for which the Company or any of its Subsidiaries is currently liable and which cannot be cured within a reasonable time. The Except as set forth in Section 4.12(w) of the Disclosure Schedule, the Company maintains and its Subsidiaries maintain a bug tracking database that contains records of all known Critical Problems, which is maintained by its development or quality control groups, with respect to the Company Products, and such database is current and complete. Section 4.11(w4.12(w) of the Disclosure Schedule sets forth the name of such database and such database has been Made Available to MBLY VisionParent.

Appears in 1 contract

Sources: Share Purchase Agreement (JFrog LTD)

Bugs and Defects. Except as set forth in Section 4.11(w) of the Disclosure Schedule, there There are no Critical Problems with any Company Product. For the purposes of the foregoing, “Critical Problem” means a bug, problem, defect, malfunction, nonconformity or errorerror that has been (or should reasonably be) assigned the most critical level of error for the Company’s or any of its Subsidiaries’ internal tracking and reporting systems, or other vulnerabilities or faults that affects the use, functionality, security or performance of such Company Product currently installed in a manner consistent with customers for which the Company is currently liable past practices and which cannot be cured within a reasonable timeindustry standards. The Company maintains and its Subsidiaries maintain a bug tracking database that contains records of all known Critical Problemsbugs, errors and defects, which is maintained by its development or quality control groups, with respect to the Company Products, and such database is current and complete. Section 4.11(w2.8(s) of the Company Disclosure Schedule sets forth the name of such database and such database has been Made Available made available to MBLY VisionAcquiror.

Appears in 1 contract

Sources: Unit Purchase Agreement (Apptio Inc)