Common use of Reliability Clause in Contracts

Reliability. No Computer System has experienced any bug, failure, breakdown, continued substandard performance, data loss, data integrity problem, hacking attempt, security breach or other Malicious Instruction in the past 12 months that has caused any substantial disruption or interruption in or to the use of any Computer System.

Appears in 3 contracts

Samples: Membership Interest Purchase Agreement (SPS Commerce Inc), Asset Purchase Agreement (Iota Communications, Inc.), Asset Purchase Agreement (SilverSun Technologies, Inc.)

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Reliability. No Computer System has experienced any bug, failure, breakdown, continued substandard performance, data loss, data integrity problem, hacking attempt, security breach or other Malicious Instruction in the past 12 months that has caused any substantial disruption or substantial interruption in or to the use of any Computer System.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Midas Medici Group Holdings, Inc.), Asset Purchase Agreement (Datalink Corp)

Reliability. No Computer System has experienced any bug, failure, breakdown, continued substandard performance, data loss, data integrity problem, hacking attempt, security breach or other Malicious Instruction in the past 12 months in each case that has caused any substantial disruption or interruption in or to the use of any Computer SystemSystem that was material to the Business of the Company.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Imation Corp), Agreement and Plan of Merger (Imation Corp)

Reliability. No Computer System has experienced any material bug, failure, breakdown, continued substandard performance, data loss, data integrity problem, hacking attempt, security breach or other Malicious Instruction in the past 12 months that has caused any substantial disruption or interruption in or to the use of any Computer System.

Appears in 1 contract

Samples: Asset Purchase Agreement (SPS Commerce Inc)

Reliability. No Computer System or is currently experiencing or has experienced any bug, failure, breakdown, continued substandard performance, data loss, data integrity problem, hacking attempt, security breach or other Malicious Instruction in the past 12 36 months that has caused any substantial disruption or interruption in or to the use of any Computer SystemSystem or that has resulted in the theft or unauthorized access, authorization, or use of Personal Data.

Appears in 1 contract

Samples: Equity Purchase Agreement (Winnebago Industries Inc)

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Reliability. No Computer System has experienced any material bug, failure, breakdown, or continued substandard performance, or to the Company’s Knowledge, data loss, data integrity problem, hacking attempt, security breach or other Malicious Instruction Instruction, in the past 12 months that has caused any substantial disruption or interruption in or to the use of any Computer System. The Computer Systems are sufficient for the needs of the business of each of the Group Companies, including as to capacity, scalability and ability to process current and anticipated peak volumes in a timely manner.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Workiva Inc)

Reliability. No Computer System has experienced any bug, failure, breakdown, continued substandard performance, data loss, data integrity problem, hacking attempt, security breach or other Malicious Instruction in the past 12 months that has caused any substantial or material disruption or interruption in or to the use of any Computer System.

Appears in 1 contract

Samples: Asset Purchase Agreement (SPS Commerce Inc)

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