Common use of IT Systems and Data Clause in Contracts

IT Systems and Data. Except as would not reasonably be expected to result in a Material Adverse Effect, (a) there has been no security breach or other material compromise of any of the Company’s information technology and computer systems, networks, hardware, software, sensitive data (including the sensitive or proprietary data of its customers, employees, suppliers, and vendors maintained by or on behalf of the Company), equipment or technology (collectively, “IT Systems and Data”) and (b) the Company has not been notified of, and has no knowledge of any event or condition that would reasonably be expected to result in, any security breach or other material compromise to its IT Systems and Data;

Appears in 2 contracts

Sources: Underwriting Agreement (Immunomedics Inc), Underwriting Agreement (Immunomedics Inc)

IT Systems and Data. Except as would not reasonably be expected to result in a Material Adverse Effect, (ai) there There has been no security breach or other material compromise of or relating to any of the CompanyCorporation’s information technology and computer systems, networks, hardware, software, sensitive data (including the sensitive or proprietary data of its customers, employees, suppliers, vendors and vendors any third party data maintained by or on behalf of the Companyit), equipment or technology (collectively, “IT Systems and Data”) which would reasonably be expected to have a Material Adverse Effect; and (bii) the Company Corporation has not been notified of, and has no knowledge of any event or condition that would reasonably be expected to result in, any such security breach or other material compromise to its IT Systems and Data;Data that would reasonably be expected to have a Material Adverse Effect; and the Corporation has implemented backup and disaster recovery technology consistent with standards and practices adopted by similarly sized companies in the same industry.

Appears in 1 contract

Sources: Equity Distribution Agreement (Cameco Corp)