Computer Related Systems definition

Computer Related Systems means a parties mainframe information systems, PC/LAN systems, software, facilities, machinery, and equipment.
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Examples of Computer Related Systems in a sentence

  • Each of the Buyer and Toymax have adequate plans and processes in place sufficient for all of its Computer Related Systems to become Year 2000 Compliant prior to such time that a failure to be Year 2000 Compliant might reasonably be expected to have a material adverse effect upon the condition of the business of the Buyer or Toymax.

  • Each of the Company, ▇▇▇▇▇▇▇, LLC and Parent has conducted an evaluation and review of its Computer Related Systems, as well as the Computer Related Systems of its customers, suppliers and vendors and has determined the total costs of becoming Year 2000 Compliant, including costs related to remediation, replacement, upgrading, conversion and testing of hardware, software and other equipment.

  • Seller believes it has adequate plans and processes in place sufficient for all of its Computer Related Systems to become Year 2000 Compliant prior to such time that a failure to be Year 2000 Compliant might reasonably be expected to have a material adverse effect upon the Condition of the Business.

  • Seller has conducted an evaluation and review of its Computer Related Systems and has determined the total costs of its Computer Related Systems becoming Year 2000 Compliant, including costs related to remediation, replacement, upgrading, conversion and testing of hardware, software and other equipment.

  • Seller shall have no further obligation to Buyer on account of Seller's and/or any other party's failure to have Computer Related Systems (including without limitation those contained among the Assets) which are Year 2000 Compliant, provided that this Section 4.7 shall not limit any liability that Seller may have on account of any misrepresentation set forth in Section 2.23.

  • The Borrower has adequate plans and processes in place sufficient for all of its Computer Related Systems to avoid a Year 2000 Problem prior to such time that a failure to be year 2000 compliant might reasonably be expected to have a material adverse effect on the business or financial condition of the Borrower.

  • The Buyer and Toymax have conducted a thorough evaluation and review of its Computer Related Systems.

  • On the basis of this review, Seller has concluded that the incremental cost to Seller of its Computer Related Systems becoming Year 2000 Compliant will not have a material adverse effect on the Condition of Seller.

  • Except as set forth in the preceding two sentences, Seller has taken no steps toward making any Computer Related Systems of Seller or any third party (including without limitation any of Seller's customers, suppliers or vendors) Year 2000 Compliant.

  • Through negotiation the parties have reduced the Purchase Price to reflect the fact that Seller's Computer Related Systems are not Year 2000 Compliant.

Related to Computer Related Systems

  • Computer network means the interconnection of hardwire or wireless communication lines with a computer through remote terminals, or a complex consisting of 2 or more interconnected computers.

  • Computer services means providing services consisting of specifying computer hardware configurations and evaluating technical processing characteristics, computer programming, and training of computer programmers and operators, provided in conjunction with and to support the sale, lease, or operation of taxable computer equipment or systems.

  • Computer Systems means all servers, computer hardware, networks, software databases, telecommunications systems, interfaces, applications and related systems of the Company or used by the Company and its contractors.

  • Health-related services means services that may have an effect on the health of individuals but are not health services or social care services;

  • Business Systems means all Software, computer hardware (whether general or special purpose), electronic data processing, information, record keeping, communications, telecommunications, networks, interfaces, platforms, servers, peripherals, and computer systems, including any outsourced systems and processes, that are owned or used or held for use in the conduct of the Company Business.