Common use of Millennium Compliance Clause in Contracts

Millennium Compliance. Schedule 6.22 sets forth the measures that have been implemented to determine the extent to which the computer systems used by PPL in its business (the "Computer Systems") are not in Millennium Compliance, a complete description of the Computer Systems that are not or may not be in Millennium Compliance and the material details of any program to be undertaken with a view towards causing any Computer Systems that are not Millennium Complaint to achieve Millennium Compliance.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Lithium Technology Corp), Merger Agreement (Lithium Technology Corp)

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Millennium Compliance. Schedule 6.22 5.22 sets forth the measures that have been implemented to determine the extent to which the computer systems used by PPL LTC in its business (the "Computer Systems") are not in Millennium Compliance, a complete description of the Computer Systems that are not or may not be in Millennium Compliance and the material details of any program to be undertaken with a view towards causing any Computer Systems that are not Millennium Complaint to achieve Millennium Compliance. To the knowledge of LTC, the cost of achieving Millennium Compliance for the Computer Systems will not exceed the amounts budgeted therefore as previously disclosed to PLL.

Appears in 1 contract

Samples: Merger Agreement (Lithium Technology Corp)

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Millennium Compliance. (a) Schedule 6.22 sets forth 6.18 describes the measures that have been implemented to determine the extent to which the computer systems used by PPL in its business the Business (other than the information systems listed on Schedule 2.3(e)) (the "Computer Systems") are not in Millennium Compliance, a complete description of the Computer Systems that are not or may not be in Millennium Compliance and the material details of any program to be undertaken with a view towards toward causing any the Computer Systems that are not Millennium Complaint to achieve Millennium Compliance. (b) As used herein, "Millennium Compliance" means that the Computer Systems are capable of the following before, during and/or after January 2000:

Appears in 1 contract

Samples: Recapitalization Agreement (Imperial Home Decor Group Holdings I LTD)

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