Software and Other Information Technology. (a) Except as would not be material to the Business or the Trayport Companies taken as a whole, (i) the Trayport Companies have implemented commercially reasonable measures designed to reasonably protect all Information Technology owned or held by any Trayport Company and used in the conduct of the Business from loss and unauthorized intrusion, access and modification and (ii) all Information Technology owned or held by any Trayport Company and used in the conduct of the Business is free from material defects and material deficiencies.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Intercontinental Exchange, Inc.), Stock Purchase Agreement (Intercontinental Exchange, Inc.)
Software and Other Information Technology. (a) Except as would not be material to the Business or the Trayport Companies taken as a whole, (i) the Trayport Companies have implemented commercially reasonable measures designed to reasonably protect all Information Technology owned or held by any Trayport Company and used in the conduct of the Business from loss and unauthorized intrusion, access and modification and (ii) all Information Technology owned or held by any Trayport Company and used in the conduct of the Business is free from material defects and material deficienciesmodification.
Appears in 2 contracts
Samples: Stock Purchase Agreement, Stock Purchase Agreement (BGC Partners, Inc.)
