Common use of Millennium Compliance Clause in Contracts

Millennium Compliance. All hardware and software, whether embedded or otherwise, used or licensed for use in the business of Acquirer and its Subsidiaries as presently conducted is Millennium Compliant or will be Millennium Compliant by a date so that the business, operations or financial condition of Acquirer and its Subsidiaries will not be adversely affected. Acquirer is undertaking all reasonable efforts necessary to determine whether any third party with whom Acquirer has a material business relationship has software that is Millennium Compliant and to replace all such material business relationships where, in the judgment of Acquirer, software that is Millennium Compliant is not present and will not be present in time to avoid processing failures or errors that would have a detrimental impact on such third party that could be detrimental to Acquirer and its Subsidiaries.

Millennium Compliance. All hardware and software, whether embedded or otherwise, used or licensed for use in the business of Acquirer Seller and its Subsidiaries as presently conducted is Millennium Compliant or will be Millennium Compliant by a date so that the business, operations or financial condition of Acquirer Seller and its Subsidiaries or the Surviving Corporation will not be adversely affected. Acquirer Seller is undertaking all reasonable efforts necessary to determine whether any third party with whom Acquirer Seller has a material business relationship has software that is Millennium Compliant and to replace all such material business relationships where, in the judgment of AcquirerSeller, software that is Millennium Compliant is not present and will not be present in time to avoid processing failures or errors that would have a detrimental impact on such third party that could be detrimental to Acquirer Seller and its SubsidiariesSubsidiaries or the Surviving Corporation.