How is Computerized System defined in a legal contract?
- Computerized System means a comprehensive information technology system for executing the objectives of [the act]. Seen in 28 SEC filings.
- Computerized System means a setup where the controllers are supervised by a computer. Seen in 4 SEC filings.
- Computerized System means an authorized information technology system for the administration of [the act]. Seen in 2 SEC filings.
- Computerized System means any detailed information technology system that includes development, up-gradation, or update used for executing the objectives of [the act]. Seen in 1 SEC filing.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of computerized system' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Computerized System means a comprehensive information technology system for executing specific objectives.
Relevant Contract Types
- Software Licensing Agreement
- Software Development Agreement
- Cloud Services Agreement
- IT Services Agreement
Relevant Circumstances
- When a company hires another to develop or update its IT system
- When a company outsources the management of its IT systems
- When a company purchases software or cloud services
Relevant Sectors
Genie Definition 2
Computerized System means a setup supervised by a computer.
Relevant Contract Types
Relevant Circumstances
- When a manufacturing line is automated or semi-automated
- When robots are deployed for performing certain tasks
Relevant Sectors
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Computerized System means a comprehensive information technology system for executing specific objectives.
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