IT System definition

IT System means the configuration of computer components comprising all the software owned by, or licensed to you by a third party (and any updates and enhancements to it), all hardware, telecommunications and network equipment used by you, together with any asset which relies in any respect on computer hardware or other information technology (whether embedded or not) which links the different parts of the system together;
IT System mean the hardware, software, firmware, middleware, equipment, electronics, platforms, servers, workstations, routers, hubs, switches, interfaces, data, databases, data communication lines, network and telecommunications equipment, websites and Internet-related information technology infrastructure, wide area network and other data communications or information technology equipment, owned or leased by, licensed to, or used to process Company Data and Data Sets (as defined in the Subscription Agreement) in the conduct of the Note Party’s business.
IT System all computer hardware (including network and telecommunications equipment) and software (including associated preparatory materials, user manuals and other related documentation) owned, used, leased or licensed by or to the Company.

Examples of IT System in a sentence

  • The IT System is in good repair and operating condition, and is sufficient in all material respects for the immediate and currently-anticipated future needs (including, without limitation, as to capacity and ability to process current peak volumes and anticipated volumes in a timely manner) of the Company’s and its Subsidiaries’ respective businesses as presently conducted by the Company and each such Subsidiary.


More Definitions of IT System

IT System means any information technology and computer system (including Software, information technology and telecommunication hardware, network and other equipment) relating to the transmission, storage, maintenance, organization, presentation, generation, processing or analysis of data and information and any support, disaster recovery and online service whether or not in electronic format, used in or necessary to the conduct of the Company Business.
IT System means any software, hardware, network or systems owned or controlled by or on behalf of any of the Acquired Companies, including any server, workstation, router, hub, switch, data line, desktop application, server-based application, mobile application, cloud service hosted or provided by any of the Acquired Companies, mail server, firewall, database, source code or object code.
IT System means all computer hardware (including network and telecommunications equipment), software (including applications, software-enabled services, preparatory materials, specifications, user manuals, training guides and other related documentation). information technology services (including Cloud-based services, hosted services, software as a service and on-line services) and other information technology or data processing technology of whatsoever nature owned, used, leased, subscribed or licensed by or to a member of the Seller Group;
IT System means as specified in Annex 4 (IT Requirements, the CMS and Business Continuity);
IT System means: Assembly of equipment, methods and procedures, and if necessary, personnel, organised to accomplish information processing functions.
IT System means an assembly of ICT Assets and related methods and procedures, organised to provide information processing functions;
IT System means, collectively, the Company’s and its subsidiaries’ information technology assets and equipment, computers, systems, networks, hardware, software, websites, applications, and databases.