Material Systems definition

Material Systems means, with respect to any person, all internal computer systems, communications systems, embedded manufacturing systems and facilities infrastructure systems that are material to the business, finances and operations of such person.
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Material Systems. As defined in Section 6.22.
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Material Systems shall have the meaning set forth in Section 4.21.
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Examples of Material Systems in a sentence

  • All Material Systems that are not Year 2000 Compliant as of the date of this Agreement are set forth on Schedule 6.22 of the Company Disclosure Statement.

  • The Company and its subsidiaries have taken reasonable steps and implemented reasonable procedures (based on standard industry practices) to ensure that its Material Systems are free from Disabling Codes and Contaminants.

  • Journal of Intelligent Material Systems and Structures (June 2011).

  • The Company has in place appropriate disaster recovery plans, procedures and facilities and has taken all reasonable steps to safeguard its Material Systems and restrict unauthorized access thereto.

  • All Material Systems that are not Year 2000 Compliant as of the date of this Agreement are set forth in Schedule 3.23.

  • All Material Systems that are not Year 2000 Compliant as of the date of this Agreement are set forth in Section 5.03(t) of the Bay Disclosure Schedule.

  • To the Company's knowledge, the components obtained from third person suppliers are free of any Disabling Codes or Contaminants that may be used to, access, modify, delete, damage or disable any of the Material Systems or that might result in damage thereto.

  • To the Company's knowledge, all of the Software is free of any disabling codes or instructions (a "DISABLING CODE"), and any virus or other intentionally created, undocumented contaminant (a "CONTAMINANT"), that may, or may be used to, access, modify, delete, damage or disable the Material Systems or that may result in damage thereto, in each case that would have a Material Adverse Effect on the Business.

  • To the Company's Knowledge, the components obtained from third person suppliers are, to the Knowledge of the Company, free of any Disabling Codes or Contaminants that may, or may be used to, access, modify, delete, damage or disable any of the Material Systems or that might result in damage thereto.

  • Except as may be set forth in SCHEDULE 4.20(o), the Company has in place appropriate disaster recovery plans, procedures and facilities and has taken all reasonable steps to safeguard its Material Systems and restrict unauthorized access thereto.


More Definitions of Material Systems

Material Systems means all produced water handling facilities (together with Rights of Way and Deeds appurtenant thereto) owned or otherwise held by the Loan Parties that collectively represent at least 90% of all produced water handling facilities owned or otherwise held by the Loan Parties (as determined by the Borrower on the relevant date of the determination).
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Related to Material Systems

  • Material Properties means (a) those Mortgaged Properties designated on Schedule 3.12 as Material Properties and (b) each other Mortgaged Property with respect to which a Mortgage is granted pursuant to Section 5.11 after the Restatement Effective Date.