SELLER Business Systems definition

SELLER Business Systems as used in this clause means SELLER’s material management and accounting system, cost estimating system, accounting system, earned value management system, property management system, and purchasing system. If SELLER’s Business Systems are reviewed and approved by a Government agency, SELLER shall provide prompt notice to LOCKHEED MARTIN whenever there is a material change in the status of the Government’s approval or determination of adequacy of any of SELLER’s Business Systems.
SELLER Business Systems as used in this clause means Seller’s material management and accounting system, cost estimating system, accounting system, earned value management system, property management system, and purchasing system. When Seller’s Business Systems are reviewed and approved by a Government agency, Seller shall provide prompt notice to Buyer whenever there is a material change in the status of the Government’s approval or determination of adequacy of any of Seller’s Business Systems. Should the Government observe a deficiency in Seller’s Business Systems and if any of those systems produces data that is integral to the output of the Buyer, acting in its role as a prime to the Government or to another prime contractor, which may result in the Seller’s and/or Buyer’s Business Systems being disapproved, Seller shall be liable for and save Buyer harmless from any loss, damage, or expense whatsoever that Buyer may suffer.
SELLER Business Systems as used in this clause means SELLER’s material management and accounting system, cost estimating system, accounting system, earned value management system, property management system, and purchasing system. When SELLER’s Business Systems are reviewed and approved by a Government agency, SELLER shall provide prompt notice to BUYER

More Definitions of SELLER Business Systems

SELLER Business Systems as used in this clause means SELLER’s material management and accounting system, cost
SELLER Business Systems as used in this clause means SELLER’s material management and accounting system, cost estimating system, accounting system, earned value management system, property management system, and
SELLER Business Systems as used in this clause means SELLER’s material management and accounting system, cost estimating system, accounting system, earned value management system, property management system, and purchasing system. If SELLER’s Business Systems are reviewed and approved by a Government agency, SELLER shall provide prompt notice to DRAKEN whenever there is a material change in the status of the Government’s approval or determination of adequacy of any of SELLER’s Business Systems.
SELLER Business Systems as used in this clause means SELLER’s accounting, billing, estimating, earned value management, property management, and purchasing systems. If SELLER’s Business Systems are reviewed and approved by a Government agency,
SELLER Business Systems as used in this clause means Seller’s material management and accounting system, cost estimating system, accounting system, earned value management system, property management system, and purchasing system. When Seller’s Business Systems are reviewed and approved by a Government agency, Seller shall provide prompt notice to Buyer whenever there is a material change in the status of the Government’s approval or determination of adequacy of any of Seller’s Business Systems. Should the Government observe a deficiency in Seller’s Business Systems and if any of those systems produces data that is integral to the output of the Buyer, acting in its role as a prime to the government or to another prime contractor, which may result in the Seller’s and Buyer’s Business Systems being disapproved, Seller shall be liable for and save buyer harmless from any loss, damage or expense whatsoever the Buyer may suffer.
SELLER Business Systems as used in this clause means SELLER’s accounting, billing, estimating, earned value management, property management, and purchasing systems. If SELLER’s Business Systems are reviewed and approved by a Government agency, SELLER shall provide prompt notice to LOCKHEED MARTIN whenever there is a material change in the status of the Government’s approval or determination of adequacy of any of SELLER’s Business Systems.

Related to SELLER Business Systems

  • 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.

  • Computer Systems means any of, or combination of, computer software, computer hardware (whether general or special purpose), information technology systems, applications, cloud-based storage platforms and systems, telecommunications capabilities (including voice, data or video networks), and other similar or related items of any automated, computerized or software system and any other network or system or related service that is owned, controlled, licensed, leased, operated, used, or held for use by the Borrower or any of its Affiliates or Subsidiaries in the conduct of its or their business.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • Micro Business means a company which either:

  • Company Systems means all Software (including Company Products), computer hardware (whether general or special purpose), information technology, 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, leased, licensed or used by or for, or otherwise relied on by, the Company or its Subsidiaries in the conduct of their businesses.

  • Core Business means any material line of business conducted by the Borrower and its Subsidiaries as of the Closing Date and any business reasonably related or incidental thereto.

  • Computer software means computer programs, source code, source code listings, object code listings, design details, algorithms, processes, flow charts, formulae, and related material that would enable the software to be reproduced, recreated, or recompiled. Computer software does not include computer databases or computer software documentation.

  • Computer System means a computer and all input, output, processing, storage, off-line media libraries, and communication facilities which are connected to the computer and which are under the control and supervision of the operating system(s) or application(s) software used by the ASSURED.