Examples of Arion Business in a sentence
Within the past three-year period, neither Arion nor any of its Subsidiaries has received any written 66 or, to the knowledge of Arion, verbal notices of violation with respect to any Laws applicable to the conduct of the Arion Business, in each case other than as would not, individually or in the aggregate, reasonably be expected to be material to the Arion Business.
There exists no breach, default or event of default (or occurrence or event that with notice or lapse of time or both would result in a breach, default or event of default) under any lease, sublease or other similar Contract in respect of an Arion Business Real Property by Arion or any of its Subsidiaries or, to the knowledge of Arion as of the Agreement Date, any other party thereto, except as would not, individually or in the aggregate, reasonably be expected to be material to the Arion Business.
In the last three years, the Arion Business has not experienced any incident in which confidential or sensitive information, payment card data, personally identifiable information, or other protected information relating to individuals was or is reasonably expected to have been stolen or improperly accessed, and none of Arion or any of its Subsidiaries has received any written notices or complaints from any Person with respect thereto.
To the knowledge of Arion, no past or current use of Open Source Software requires or creates obligations that any Software, or portion of component thereof, owned by any Arion Party be licensed, made available, offered, delivered or disclosed in any way to any third party or immunizing any third party, except as would not, individually or in the aggregate, reasonably be expected to be material to the Arion Business.
No Arion Party has made any contribution to any standards setting organization that requires or creates obligations that it license or offer a license to any Arion Intellectual Property Rights, except as would not, individually or in the aggregate, reasonably be expected to be material to the Arion Business.
The Arion Business has displayed a privacy policy on its web site that discloses to site users how the Arion Business collects, uses and transfers Personal Information from such users, and in the three years prior to the Agreement Date, the Arion Parties have complied with the Arion Business’ privacy policy as updated from time to time in all material respects and all Privacy Laws.
No Party shall, directly or indirectly through another entity, make any public statement that is intended to, or could reasonably be expected to, disparage the other Party, their Affiliates, Subsidiaries, equityholders, directors, managers, officers, employees, the Business or the Arion Business.
The Arion Parties own all right, title and interest in and to the Arion Intellectual Property Rights free and clear of any Liens (other than Arion Permitted Liens), except as would not, individually or in the aggregate, reasonably be expected to be material to the Arion Business.
Sphinx acknowledges that there are assumptions inherent in making any such projections, estimates and budgets, Sphinx is familiar with such uncertainties and that Sphinx is responsible for making its own evaluation of the Arion Business and shall have no claim against Arion with respect thereto.
The conduct of the Arion Business complies in all material respects with (i) all Privacy Laws applicable to its collection, use, processing, storage, retention, disposal and onward transfer of Personal Information and (ii) all terms of customer Contracts and other Contracts relating to Personal Information and Privacy Laws.