Company IT Systems definition

Company IT Systems means all Software, computer hardware, servers, networks, platforms, peripherals, and similar or related items of automated, computerized, or other information technology (IT) networks and systems (including telecommunications networks and systems for voice, data and video) owned, leased, licensed, or used (including through cloud-based or other third-party service providers) by the Company.
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Company IT Systems means any and all IT Systems owned, leased, or licensed by any Group Company that are used (or held for use) in or in connection with the business of the Group Companies.
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Company IT Systems means all information technology and computer systems (including Company Software, information technology and telecommunication hardware and other equipment) relating to the transmission, storage, maintenance, organization, presentation, generation, processing or analysis of data or information, whether or not in electronic format, necessary to the conduct of the business of the Acquired Companies;
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Examples of Company IT Systems in a sentence

  • All Company IT Systems have been maintained in reasonable accordance with standards set by the manufacturers or otherwise in accordance with industry standards.

  • The Company IT Systems are in good working condition to effectively perform all information technology operations necessary to conduct the businesses of the Acquired Companies as currently being conducted.

  • Since January 1, 2023, except as would not reasonably be expected to be material to the Acquired Companies, taken as a whole, there has been no malfunction, failure, continued substandard performance, denial-of- service, or other cyber incident, including any cyberattack, or other impairment of the Company IT Systems, in each case, that materially adversely affected or caused a material disruption or damage to the business of the Acquired Companies and that has not been remedied.

  • The Acquired Companies have undertaken at least annual security assessments such as penetration tests and vulnerability scans of the Company IT Systems and have taken reasonable and appropriate steps to remediate high and critical vulnerabilities identified in such assessments.

  • All Company IT Systems housing data relevant for current or anticipated regulatory filings with Regulatory Authorities have been and are in compliance with the requirements outlined in 21 CFR Part 11, or similar Legal Requirements set by Regulatory Authorities outside the United States.


More Definitions of Company IT Systems

Company IT Systems has the meaning set forth in Section 3.30 hereof.
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Company IT Systems shall have the meaning ascribed to such term in Section 3.01(qq).
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Company IT Systems means all software, computer hardware, servers, networks, platforms, peripherals, and similar or related items of automated, computerized, or other information technology (IT) networks and systems (including telecommunications networks and systems for voice, data and video) owned, leased, licensed, or used (including through cloud-based or other third-party service providers) by the Company or any Subsidiary of the Company.
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Company IT Systems has the meaning set forth in Section 4.08(j).
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Company IT Systems has the meaning set forth in Section 5.18(g).
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Company IT Systems means any computer hardware, computer systems, workstations, servers, networks, platforms, peripherals, data communication lines, circuits, hubs, software databases, internet websites and other information technology equipment and related systems and services (including so-called SaaS/PaaS/IaaS services), that are owned or controlled by, or relied upon in the conduct of the business of, the Company or its Subsidiaries.
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Company IT Systems means software, firmware, hardware, electronic data processing, telecommunications networks, network equipment, interfaces, platforms, peripherals, computer and information technology systems, platforms and networks, and information contained therein or transmitted thereby, in each case, owned, licensed, or used by any Group Company.
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