Parent IT Systems definition

Parent IT Systems means any and all Software, hardware, servers, networks and other information technology and data communications infrastructure, equipment, systems and services that are owned, leased, licensed or used by Parent or any of its Subsidiaries.

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Parent IT Systems has the meaning set forth in Section 5.11.

Parent IT Systems has the meaning set forth in Section 4.21.

Examples of Parent IT Systems in a sentence

• To the Knowledge of Parent, none of the Parent IT Systems contains any unauthorized “back door”, “drop dead device”, “time bomb”, “Trojan horse”, “virus” or “worm” (as such terms are commonly understood in the software industry) or any other unauthorized code intended to disrupt, disable, harm or otherwise impeded the operation of, or provide unauthorized access to, a computer system or network or other device on which such code is stored or installed.

• There has been no material data security incident, breach, ransomware, denial of access attack, denial of service attack, hacking or similar event with respect to any Parent IT Systems, or any loss, damage or accidental, unlawful or unauthorized access, use, modification, Processing or breach of security of Parent Data maintained by or on behalf of Parent and each of its Subsidiaries (each, a “Parent Security Incident”).

• The Parent IT Systems are in material compliance with regulatory standards and guidelines as required by applicable Law.

• Since January 1, 2019, there has been no malfunction, disruption, continued substandard performance, denial-of-service, or other cyber incident, including any cyberattack, or other impairment of the Parent IT Systems, in each case except as would not reasonably be expected to have, individually or in the aggregate, a Parent Material Adverse Effect.

• Parent and its Subsidiaries have taken reasonable steps to safeguard the confidentiality, availability, security, and integrity of the Parent IT Systems and Personal Data, including implementing and maintaining appropriate backup, business continuity, disaster recovery, software and hardware support arrangements, policies, procedures, training and other security measures, in each case except as would not reasonably be expected to have, individually or in the aggregate, a Parent Material Adverse Effect.

More Definitions of Parent IT Systems

Parent IT Systems means all software, computer hardware, servers, networks, platforms, peripherals, and similar or related items of automated, computerized, or other information technology 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 Parent or any of its Subsidiaries, and all associated documentation.

Parent IT Systems means any and all Software, computers, hardware, servers, networks, platforms, workstations, routers, hubs, circuits, switches and other information or communications technology, hardware, networks, communications infrastructure, equipment, systems and services (including for voice, data or video), that are owned, leased, licensed or used or held for use by Parent or any of its Subsidiaries (including through cloud- based or other third-party service providers).

Parent IT Systems means the information technology systems owned, leased or licensed by each of the Parent Entities.

Parent IT Systems means IT Systems owned or used by the Parent or its Subsidiaries (including through cloud-based or other third-party service providers).

Parent 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 Parent or any of its Subsidiaries. “Parent Licensed Intellectual Property” means all Intellectual Property in which the Parent or any of its Subsidiaries holds any rights or interests granted by other person or entity.

Parent 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 Parent or any of its Subsidiaries. “Parent Licensed Intellectual Property” means all Intellectual Property in which the Parent or any of its Subsidiaries holds any rights or interests granted by other person or entity.

Parent IT Systems shall have the meaning ascribed to it in Section 4.16(h).