Examples of China Online Companies in a sentence
The China Online Companies have taken reasonable measures consistent with industry standards to maintain the confidentiality and value of all confidential information used or held for use in the operation of the China Online Business, including the source code for any China Online Software or China Online Products and all other confidential China Online Intellectual Property.
Except as would not have a China Online Material Adverse Effect, the China Online Companies, the operation of the China Online Business and the use of the China Online Owned Intellectual Property in connection therewith do not, and have not in the last two (2) years, infringed, misappropriated or otherwise violated or conflicted with the Intellectual Property rights of any other Person.
Each such China Online Permit is valid and in full force and effect and the China Online Companies are in material compliance with all such China Online Permits.
Each China Online Control Agreement is in full force and effect and none of the China Online Companies which is a party to any China Online Control Agreement is in breach or default in the performance or observance of any of the terms or provisions thereof.
The IT Assets owned by or licensed, pursuant to valid and enforceable license agreements, to the China Online Companies (including the China Online Software) are adequate for, and operate and perform in all material respects in accordance with their documentation and functional specifications and otherwise as required in connection with, the operation of the China Online Business.
Reserves are reflected on the China Online Financial Statements against all Liabilities of the China Online Companies in amounts that have been established on a basis consistent with the past practices of the China Online Companies and in accordance with GAAP.
Except as would not have a China Online Material Adverse Effect, no Public Software has been used by the China Online Companies in connection with any China Online Software or China Online Product in a manner that requires the licensing, disclosure or distribution of any source code (other than source code that is a part of such Public Software) or limits the receipt of consideration in connection with the licensing or distribution of such China Online Software or China Online Product to any other Person.
The China Online Companies have implemented reasonable backup, security and disaster recovery measures and technology consistent with industry practices, and, to the knowledge of SINA and except as has not had or would not have a material impact on the China Online Companies or the China Online Business, no Person has gained unauthorized access to any IT Assets owned or licensed by the China Online Companies.
The minute books of the China Online Companies contain accurate records of all meetings and accurately reflect all other actions taken by the shareholders, Boards of Directors and all committees of the Boards of Directors of the China Online Companies in all material respects.
The China Online Companies are the exclusive owner of all right, title and interest in and to each item of material China Online Owned Intellectual Property (other than Transferred Trademarks), free and clear of all Encumbrances (other than non-exclusive licenses granted in the ordinary course of business consistent with past practice), or any obligation to grant any Encumbrance.