Common use of Year 2000 Assessment Clause in Contracts

Year 2000 Assessment. Each Borrower shall take all actions necessary and commit adequate resources to assure that its computer-based and other systems (and those of all of its subsidiaries) are able to effectively process dates, including dates before, on and after January 1, 2000, without experiencing any Year 2000 Problem that could cause a material adverse effect on the business or financial affairs of such Borrower (or of such Borrower and its subsidiaries taken on a consolidated basis). At the request of the Agent, such Borrower will provide the Agent with written assurances and substantiations (including, but not limited to, the result of reports filed with the SEC prepared in the ordinary course of business) reasonably acceptable to the Agent as to the capability of such Borrower and its subsidiaries to conduct its and their businesses and operations before, on and after January 1, 2000, without experiencing a Year 2000 Problem causing a material adverse effect on the business or financial affairs of such Borrower (or of such Borrower and its subsidiaries taken on a consolidated basis).

Year 2000 Assessment. Each The Borrower shall take all actions necessary and commit adequate resources to assure that its computer-based computerbased and other systems (and those of all of its subsidiariesSubsidiaries) are able to effectively process dates, including dates before, on and after January 1, 2000, without experiencing any Year 2000 Problem that could cause a material adverse effect on the business or financial affairs of such the Borrower (or of such the Borrower and its subsidiaries Subsidiaries taken on a consolidated basis). At the request of the AgentBank, such the Borrower will provide the Agent Bank with written assurances and substantiations (including, but not limited to, the result results of internal or external audit reports filed with the SEC prepared in the ordinary course of business) reasonably acceptable to the Agent Bank as to the capability of such the Borrower and its subsidiaries Subsidiaries to conduct its and their businesses and operations before, on and after January 1, 2000, without experiencing a Year 2000 Problem causing a material adverse effect on the business or financial affairs of such the Borrower (or of such the Borrower and its subsidiaries Subsidiaries taken on a consolidated basis).

Year 2000 Assessment. Each Borrower shall take all actions necessary and commit adequate resources to assure that its computer-based and other systems (and those of all of its subsidiariesSubsidiaries) are able to effectively process dates, including dates before, on and after January 1, 2000, without experiencing any Year 2000 Problem that could cause a material adverse effect on the business or financial affairs of such Borrower (or of such Borrower the Borrowers and its subsidiaries the Subsidiaries taken on a consolidated basis). At the request of the Agent, such each Borrower will provide the Agent with written assurances and substantiations (including, but not limited to, the result results of internal or external audit reports filed with the SEC prepared in the ordinary course of business) reasonably acceptable to the Agent as to the capability of such Borrower and its subsidiaries Subsidiaries to conduct its and their businesses and operations before, on and after January 1, 2000, without experiencing a Year 2000 Problem causing a material adverse effect on the business or financial affairs of such Borrower (or of such Borrower the Borrowers and its subsidiaries the Subsidiaries taken on a consolidated basis).

Year 2000 Assessment. Each The Borrower shall take all actions necessary and commit adequate resources to assure that its computer-based and other systems (and those of all of its subsidiariesSubsidiaries) are able to effectively process dates, including dates before, on and after January 1, 2000, without experiencing any Year 2000 Problem that could cause a material adverse effect on the business or financial affairs of such the Borrower (or of such the Borrower and its subsidiaries Subsidiaries taken on a consolidated basis). At the request of the AgentBank, such the Borrower will provide the Agent Bank with written assurances and substantiations (including, but not limited to, the result results of internal or external audit reports filed with the SEC prepared in the ordinary course of business) reasonably acceptable to the Agent Bank as to the capability of such the Borrower and its subsidiaries Subsidiaries to conduct its and their businesses and operations before, on and after January 1, 2000, without experiencing a Year 2000 Problem causing a material adverse effect on the business or financial affairs of such the Borrower (or of such the Borrower and its subsidiaries Subsidiaries taken on a consolidated basis).