IT System. Each of the Acquired Companies has implemented commercially reasonable procedures for ensuring the security of its IT System and the confidentiality and integrity of all data stored in it. The elements of each of the Acquired Company’s IT System: (a) are functioning properly and in accordance with all applicable specifications in all material respects; and (b) have sufficient capacity and performance to meet the current business requirements of the Acquired Companies, including, without limitation, satisfying all applicable legal requirements relating to the euro, including the conversion and rounding rules in EC Regulation 1103/97.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Evolving Systems Inc), Stock Purchase Agreement (Evolving Systems Inc)