Computer Systems; Data Handling Clause Samples

Computer Systems; Data Handling. (a) Platform Description and Documentation. Schedule 3.24(a) lists all Proprietary Information Technology Systems and other Computer Systems that are being used by, licensed by or to any Acquired Company as of the date hereof. The documentation and the source code (including its embedded commentary, descriptions and indicated authorships), the specifications and the other informational materials that describe the operation, functions and technical characteristics applicable to any such Proprietary Information Technology System are complete in all material respects and sufficient to permit such Acquired Company to support and maintain the products and services of its business as now conducted. Each Computer System used by or licensed to any Acquired Company substantially conforms to such Acquired Company’s current functional requirements and such Computer System’s design specifications, documentation and other specifications and does and will perform substantially in accordance with the foregoing. The Computer Systems are reasonably sufficient for the needs of the Acquired Company’s business as currently conducted, including as to capacity, scalability and ability to process current and anticipated peak volumes in a timely manner.