Systems definition
Examples of Systems in a sentence
The Company Group has up to date disaster recovery plans for the Systems which are designed to minimise the impact of any loss of, damage to, or material interruption in use of any System on the conduct of the Business and which comply with best information technology industry practice.
The Company Group applies reasonable security measures to prevent unauthorised access or damage to the Systems or destruction or corruption of data stored or processed by the System.
All Systems are owned and operated by, and are under the control of a Company Group Member and are not wholly or partly dependent on any facilities that are not under the ownership, operation or control of a Company Group Member.
In the 12 months before the Execution Date, there have been no bugs in, outages, failures, breakdowns or substandard performance of, any systems that have had any Material Adverse Effect on the Business and the Vendor are not aware of any fact or matter that may cause any such bug, outage, failure, breakdown or substandard performance following Settlement if the Systems are used on substantially the same basis as they are used as at the Execution Date.
Each Company Group Member either owns or is validly licensed to use the software comprised in the Systems.