Common use of Compliance with Year 2000 Plan Clause in Contracts

Compliance with Year 2000 Plan. The Borrower has developed and has delivered to the Agent and each of the Banks a comprehensive plan (the "Y2K Plan") for insuring that the Borrower's and its Subsidiaries' software and hardware systems which materially impact or affect in any material way the business operations of the Borrower and its Subsidiaries will be Year 2000 Compliant and Ready. The Borrower and its Subsidiaries have met the Y2K Plan milestones and expect that all hardware and software systems will be Year 2000 Compliant and Ready in accordance with the Y2K Plan.

Appears in 1 contract

Samples: Credit Agreement (Scana Corp)

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Compliance with Year 2000 Plan. The Borrower has developed and has delivered to the Agent and each of the Banks Bank a comprehensive plan (the "Y2K Plan") for insuring that the Borrower's and its Subsidiaries' software and hardware systems Mission Critical Equipment which materially impact or affect in any material way the business operations of the Borrower and its Subsidiaries will be Year 2000 Compliant and Ready. The Borrower and its Subsidiaries have met the Y2K Plan milestones and expect such that all hardware and software systems will Mission Critical Equipment be Year 2000 Compliant and Ready in accordance with the Y2K Plan.

Appears in 1 contract

Samples: Credit Agreement (Atlantic American Corp)

Compliance with Year 2000 Plan. The Borrower has developed and has delivered to the Agent and each of the Banks a comprehensive plan (the "Y2K Plan") for insuring ensuring that the Borrower's and its Subsidiaries' software and hardware systems which materially impact or affect in any material way the business operations of the Borrower and its Subsidiaries will be Year 2000 Compliant and Ready. The Borrower and its Subsidiaries have met the Y2K Plan milestones and expect such that all hardware and software systems will be Year 2000 Compliant and Ready in accordance with the Y2K Plan.

Appears in 1 contract

Samples: Credit Agreement (Hancock Fabrics Inc)

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Compliance with Year 2000 Plan. The Borrower has developed and has delivered to the Agent and each of the Banks a comprehensive plan (the "Y2K Plan") for insuring that the Borrower's and its Subsidiaries' software and hardware systems which materially impact or affect in any material way the business operations of the Borrower and its Subsidiaries will be Year 2000 Compliant and Ready. The Borrower and its Subsidiaries have met the Y2K Plan milestones and expect such that all hardware and software systems will be Year 2000 Compliant and Ready in accordance with the Y2K Plan.

Appears in 1 contract

Samples: Credit Agreement (Darden Restaurants Inc)

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