IT Swapkit definition
IT Swapkit means the collection of IT Equipment, Software and IT System components designed, constructed and delivered by Seller to Buyer and further described on Schedule 1.01E.
Examples of IT Swapkit in a sentence
Buyer acknowledges for purposes of this Agreement, including Sections 4.18(c) and 12.08, that the IT Swapkit is not an exact replica of Seller’s existing IT System.
Seller shall have demonstrated to Buyer’s reasonable satisfaction that the IT Swapkit has been implemented in such a manner that the included IT Equipment, Software and IT System are all performing in a manner that, in all material respects, permits the Operations as conducted by the Seller Companies during the twelve-month period prior to the Closing to continue in a substantially similar manner immediately after Closing.