Company IT definition

Company IT means all technology devices, computers, Software, servers, networks, workstations, routers, hubs, circuits, switches, data communications lines and all other information technology equipment owned, used or held for use by the Company or any Company Subsidiaries.
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Company IT means the computers, computer software, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines, Sites, data, and all other information technology equipment and computer systems used in the Company’s business which it owns or for which it has a valid right to use (excluding, in the case of (b) only, any technology that is widely distributed for free or on a “commercial off the shelf” basis).
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Company IT is defined in Section 3.11(f). “Company Service Provider” means any current or former director (whether or not an employee), officer, employee, individual independent contractor, individual consultant or agent of any Target Company. “Confidential Information” is defined in Section 5.4(a). “Confidentiality Agreement” means the Confidentiality Agreement, dated as of March 19, 2025, between Purchaser and one or more of the Target Companies and/or Sellers. “Consent” means any consent, approval, authorization, action, consultation, novation, Permit, exception, exemption, waiver or other Governmental Order of, action by, filing, registration, designation or declaration with, or notification to any Governmental Authority or other Person. “Contest” is defined in Section 5.8(c)(i). “Continuing Employee” is defined in Section 5.1(a).
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Examples of Company IT in a sentence

  • Except as would not reasonably be expected to have a Material Adverse Effect, (i) to the Company’s knowledge, the Company has not suffered or incurred any security breaches, compromises or incidents with respect to any Company IT Asset or Sensitive Company Data and (ii) to the Company’s knowledge, there has been no unauthorized or illegal use of, or access to, any Company IT Asset or Sensitive Company Data by any unauthorized third party.

  • Except as would not reasonably be expected to have a Material Adverse Effect, the Company has used reasonable efforts to establish, and has established, commercially reasonable disaster recovery and security plans, procedures and facilities for the business of the Company consistent with industry standards and practices, including, without limitation, for the Company IT Assets and Sensitive Company Data held or used by the Company.