Outsourced Equipment definition

Outsourced Equipment means the copiers, application servers, network infrastructure, including the switches, routers, wireless access, racks, voice network infrastructure equipment, including PBX, handsets, telephones, voice mail system, voice over IP, volume and multifunction printers and other information technology equipment that is leased by Seller or one of its Affiliates from the Outsourcing Companies and exclusively used or held for exclusive use by the Snacks Business pursuant to the Outsourcing Agreements.
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Examples of Outsourced Equipment in a sentence

  • Acquiror acknowledges that the Outsourced Equipment is currently leased from the Outsourcing Companies and is not included in the Wimbledon Assets.

  • Prior to the Closing, Acquiror may enter into an agreement with the Outsourcing Companies to purchase the Outsourced Equipment effective as of the Closing (or, as of the expiration of the relevant service under the TSA, in the case of any Outsourced Equipment used to provide such services).

  • Promptly upon taking possession of any Outsourced Equipment, Acquiror will remove all software from the Outsourced Equipment except for any Intellectual Property and Software to which Acquiror acquires rights pursuant to this Section 4.16(a) and, to the extent of any remaining term for the applicable services, any software Acquiror is expressly permitted to use pursuant to the TSA.

  • Promptly upon taking possession of any Outsourced Equipment, Acquiror will remove all software from the Outsourced Equipment except for any Intellectual Property to which Acquiror acquires rights pursuant to this Section 4.11(a) and, to the extent of any remaining term for the applicable services, any software the Acquiror is expressly permitted to use pursuant to the TSA.