Common use of Millennium Compliance Clause in Contracts

Millennium Compliance. Seller has taken those steps outlined on SCHEDULE 4.22 to determine whether its information systems used in connection with the Business are Millennium Compliant. "Millennium Compliant" means the ability when used individually or in conjunction with any other systems, software or equipment to: (a) accurately process Date Data before, after and across December 31, 1999 and throughout the year 2000 and beyond (including by recognizing the year 2000 as a leap year); (b) provide correct results when moving backwards and forwards between the 20th and 21st century; and (c) function without error or without interruption related to or caused by Date Data. For the purposes of this definition, "Date Data" means data which represents or references dates in the same and/or different centuries.

Appears in 3 contracts

Samples: Asset Purchase Agreement (New Horizons Worldwide Inc), Asset Purchase Agreement (New Horizons Worldwide Inc), Asset Purchase Agreement (New Horizons Worldwide Inc)

AutoNDA by SimpleDocs

Millennium Compliance. Seller has taken those steps outlined on SCHEDULE 4.22 4.21 to determine whether its information systems used in connection with the Business are Millennium Compliant. "Millennium Compliant" means the ability when used individually or in conjunction with any other systems, software or equipment to: (a) accurately process Date Data before, after and across December 31, 1999 and throughout the year 2000 and beyond (including by recognizing the year 2000 as a leap year); (b) provide correct results when moving backwards and forwards between the 20th and 21st century; and (c) function without error or without interruption related to or caused by Date Data. For the purposes of this definition, "Date Data" means data which represents or references dates in the same and/or different centuries.

Appears in 1 contract

Samples: Asset Purchase Agreement (New Horizons Worldwide Inc)

Millennium Compliance. Seller has taken those steps outlined on SCHEDULE 4.22 4.21 to determine whether its information systems used in connection with the Business are and Millennium CompliantComplaint. "Millennium Compliant" means the ability when used individually or in conjunction with any other systems, software or equipment to: (a) accurately process Date Data before, after and across December 31, 1999 and throughout the year 2000 and beyond (including by recognizing the year 2000 as a leap year); (b) provide correct results when moving backwards and forwards between the 20th and 21st century; and (c) function without error or without interruption related to or caused by Date Data. For the purposes of this definition, "Date Data" means data which represents or references dates in the same and/or different centuries.

Appears in 1 contract

Samples: Asset Purchase Agreement (New Horizons Worldwide Inc)

AutoNDA by SimpleDocs

Millennium Compliance. Seller has taken those steps outlined on SCHEDULE 4.22 to determine whether its information systems used in connection with the Business are Millennium Compliant. "Millennium Compliant" means the ability when used individually or in conjunction with any other systems, software or equipment to: (ai) accurately process Date Data before, after and across December 31, 1999 and throughout the year 2000 and beyond (including by recognizing the year 2000 as a leap year); , (bii) provide correct results when moving backwards and forwards between the 20th and 21st century; , and (ciii) function without error or without interruption related to or caused by Date Data. For the purposes of this definition, "Date Data" means data which represents or references dates in the same and/or different centuries.

Appears in 1 contract

Samples: Asset Purchase Agreement (New Horizons Worldwide Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.