Common use of Y2K Plan Clause in Contracts

Y2K Plan. The Borrower has developed and has delivered -------- to the Agent and the Banks a comprehensive plan (the "Y2K Plan") for insuring that the Borrower's and its Subsidiaries' software and hardware systems which impact or affect in any 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 such that all hardware and software systems will be Year 2000 Compliant and Ready in accordance with the Y2K Plan.

Appears in 2 contracts

Samples: Credit Agreement (JDN Realty Corp), Credit Agreement (JDN Realty Corp)

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

Appears in 1 contract

Samples: Credit and Security Agreement (Thomaston Mills Inc)

Y2K Plan. The Borrower has has: (a) developed and has delivered -------- to the Agent and the Banks Agents a comprehensive plan (the "Y2K Plan") for insuring that the Borrower's and its Subsidiaries' software and hardware systems of the Borrower and its Subsidiaries which impact or affect in any way the their respective business operations of the Borrower and its Subsidiaries' will be Year 2000 Compliant and Ready. The Borrower ; and its Subsidiaries' have (b) met the Y2K Plan milestones such that all hardware and software systems of the Borrower and its Subsidiaries will be Year 2000 Compliant and Ready in accordance with the Y2K Plan.109

Appears in 1 contract

Samples: Consignment Agreement (Marks Bros Jewelers Inc)

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

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