Common use of Millennium Compliance Clause in Contracts

Millennium Compliance. Borrower shall take all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including without limitation that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999, except for personal office computers and network stations which will be compliant by October 1, 1999. At FINOVA's request, Borrower shall provide to FINOVA assurance reasonably acceptable to FINOVA that Borrower's computer-based systems, embedded microchips and other processing capabilities are year 2000 compatible.

Appears in 2 contracts

Samples: Loan and Security Agreement (Community Medical Transport Inc), Loan and Security Agreement (Community Medical Transport Inc)

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Millennium Compliance. Borrower shall take has taken all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including including, without limitation limitation, that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999, except for personal office computers and network stations which will be compliant by October 1, 1999. At FINOVA's request, Borrower shall provide to FINOVA assurance reasonably acceptable to FINOVA that Borrower's computer-based systems, embedded microchips and other processing capabilities are year 2000 compatible.

Appears in 2 contracts

Samples: Loan and Security Agreement (Community Medical Transport Inc), Loan and Security Agreement (Community Medical Transport Inc)

Millennium Compliance. Borrower shall take has commenced all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including including, without limitation limitation, that all computer-based systems, embedded microchips and other processing capabilities will effectively recognize and process dates after April 1, 1999, except for personal office computers and network stations which will be compliant by October 1, 1999. At FINOVA's request, Borrower shall provide to FINOVA assurance reasonably acceptable to FINOVA that Borrower's computer-based systems, embedded microchips and other processing capabilities are year 2000 compatible.; and

Appears in 1 contract

Samples: Loan and Security Agreement (Usa Detergents Inc)

Millennium Compliance. Borrower shall take all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including without limitation that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999, except for personal office computers and network stations which will be compliant by October 1, 1999. At FINOVAAgent's request, Borrower shall provide to FINOVA Agent assurance reasonably acceptable to FINOVA Agent that Borrower's computer-based systems, embedded microchips and other processing capabilities are year 2000 compatible.;

Appears in 1 contract

Samples: Loan and Security Agreement (Usa Detergents Inc)

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Millennium Compliance. Borrower shall take all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including without limitation that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999, except for personal office computers and network stations which will be compliant by October APRIL 1, 1999. At FINOVAAgent's request, Borrower shall provide to FINOVA Agent assurance reasonably acceptable to FINOVA Agent that Borrower's computer-based systems, embedded microchips and other processing capabilities are year 2000 compatible.;

Appears in 1 contract

Samples: Loan and Security Agreement (Usa Detergents Inc)

Millennium Compliance. Borrower shall take has commenced all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including including, without limitation limitation, that all computer-based systems, embedded microchips and other processing capabilities will effectively recognize and process dates after April APRIL 1, 1999, except for personal office computers and network stations which will be compliant by October 1, 1999. At FINOVA's request, Borrower shall provide to FINOVA assurance reasonably acceptable to FINOVA that Borrower's computer-based systems, embedded microchips and other processing capabilities are year 2000 compatible.; and

Appears in 1 contract

Samples: Loan and Security Agreement (Usa Detergents Inc)

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