IT Asset definition

IT Asset means any information system, software, website, system, network or hardware that is owned by the Company or used in the course of its business activities.
IT Asset means all of the computers, computer systems, applications, databases, hardware, middleware, firmware, workstations, routers, hubs, switches, circuits, servers and other information technology equipment of the Group Companies and any other computer systems, workstations, routers, hubs, switches, circuits, servers and other information technology equipment of Seller and its Subsidiaries used exclusively in the conduct of the Business. For the avoidance of doubt, each enterprise resource planning system used in the conduct of the Business shall constitute an IT Asset.
IT Asset means computers, Software, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines, all other information technology equipment and all associated documentation.

Examples of IT Asset in a sentence

  • IT Asset Removal is the temporary removal and retention of an IT asset in response to an incident.

  • Users must report the loss, theft or damage of any IT Asset to the IT Helpdesk promptly [link: 26.3.3].

  • IT Asset Valuations and Depreciation: depreciated historical cost is used as a proxy for fair value due to the relatively short useful economic life of IT assets.

  • Verizon makes no guarantees that any support for IT Asset Manager will be provided from or within the United States or Continental United States (CONUS) only or that Customer's data utilized or stored in connection with IT Asset Manager will be stored, acted upon, or accessed, directly or indirectly, from or within the United States or Continental United States (CONUS) only.

  • IT Asset Manager provides the ability to track, measure and manage Software and Subscription Services + software licenses and orders.


More Definitions of IT Asset

IT Asset means all of the computer systems, workstations, routers, hubs, switches, circuits, servers, Software, networks, telecommunications systems and other information technology equipment owned or controlled by any Company Entity as of the time of the Closing.
IT Asset or “IT assets” is meant to encompass all and collectively refer to College IT resources and the electronic information stored on, within or passing through a College IT resource;
IT Asset means a device that is a computer (for example, a laptop, desktop, server, or tablet) or network
IT Asset means all elements of software and hardware found in an IT environment.
IT Asset means all of the software, computer systems, workstations, routers, hubs, switches, circuits, servers and other information technology equipment of the Group Companies and any other software, computer systems, workstations, routers, hubs, switches, circuits, servers and other information technology equipment of Seller Parent and its Subsidiaries used exclusively in the conduct of the Business or located on any Owned Real Property or Leased Real Property. “knowledge of Buyer,” “Buyer’s knowledge” or any other similar knowledge qualification in this Agreement means the actual knowledge, without any duty of inquiry, of the Persons set forth in Schedule 1.01(d). “knowledge of Seller,” “Seller’s knowledge” or any other similar knowledge qualification in this Agreement means the actual knowledge, without any duty of inquiry, of the Persons set forth in Schedule 1.01(e). “Law” means any national, state, provincial, municipal or local statute, law, bylaw, ordinance, rule, regulation, rule of law (including common law) or Governmental Order, code or edict, in each case, issued, enacted, adopted, promulgated, implemented or otherwise put into effect by or under the authority of any Governmental Authority. “Leased Real Property” means the real property leased or subleased by any Group Company as tenant or subtenant pursuant to a lease or sublease, as applicable, requiring (a) annual payments of $500,000 or more or (b) aggregate remaining payments by the Group Companies of $1,000,000 or more which are described in Schedule 3.12(a)(ii). 6
IT Asset means an asset of either software or hardware that is found in the business environment;
IT Asset means any and all of the computer systems, servers, hardware, firmware, middleware, networks, workstations, routers, hubs, switches, circuits, servers, data communications lines and all other information technology equipment (including associated documentation).