UBS Systems definition

UBS Systems means any software, hardware, telecommunications or other systems or equipment owned by or licensed to UBS or a UBS Affiliate;
UBS Systems means any software, hardware, telecommunications or other systems or equipment owned by or licensed / leased or provided as a service by a third party to UBS or a UBS Affiliate; “UMA” shall have the meaning as defined in clause 2.2; “Wholly Owned Affiliate” means an Affiliate of Supplier, which Affiliate is (in each case either directly or indirectly) a wholly owned subsidiary entity of Supplier, an entity which wholly owns Supplier, or a wholly owned subsidiary entity of an entity which wholly owns Supplier; and “Work Product(s)” means all output whether electronic, documentary, tangible or intangible created as a result of the Services required to be undertaken by Supplier, including (without limitation), all inventions, discoveries, business methods, papers, documents, memos, letters, databases, drawings, source code, object code, data dictionaries, user manuals, data or other deliverables, or other printed, written or computer material created by Supplier, any Subcontractor and/or Staff in connection with the provision of the Services;

Examples of UBS Systems in a sentence

  • In the event of any third party claim being made against the Supplier by virtue of its use of any UBS Pre-Existing Intellectual Property Rights, UBS Software or UBS Systems in accordance with the provisions of this Agreement (and which does not itself arise as a result of any Services provided by the Supplier), UBS shall compensate the Supplier for all reasonable losses and expresses it incurs in connection with such claim.