Common use of Year 2000 Compatibility Clause in Contracts

Year 2000 Compatibility. Promptly and in no event later than January 1, 2000, take all action necessary to ensure that Borrowers' computer based systems are able to operate and effectively process data including dates on and after January 1, 2000. At the request of the Administrative Agent, Borrowers shall provide the Administrative Agent and Lenders assurances in form and substance satisfactory to the Administrative Agent and Lenders of Borrowers' year 2000 compatibility.

Appears in 2 contracts

Samples: Credit Agreement (Ahl Services Inc), Credit Agreement (Ahl Services Inc)

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Year 2000 Compatibility. Promptly and in no event later than January 1, 2000, take Take all action necessary to ensure assure that Borrowers' computer from and after January 1, 2000 the computer-based systems of the Borrower are able to operate and effectively process data including that includes dates on and after January 1, 2000. At the request of the Administrative Agent, Borrowers the Borrower shall provide the Administrative Agent and Lenders assurances in form and substance satisfactory to the Administrative Agent and Lenders assurance acceptable to the Administrative Agent of Borrowers' the timely year 2000 compatibilitycompatibility of the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Lasalle Hotel Properties), Credit Agreement (Lasalle Hotel Properties)

Year 2000 Compatibility. Promptly and in no event later than January 1, 2000, take Take all action actions reasonably necessary to ensure assure that Borrowers' the Borrower's computer based systems are able to operate and effectively process data including which includes dates on and after January 1, 2000. At the request of the Administrative Agent, Borrowers the Borrower shall provide the Administrative Agent and Lenders reasonable assurances in form and substance satisfactory to the Administrative Agent and Lenders of Borrowers' year the Borrower's Year 2000 compatibility.

Appears in 2 contracts

Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Mindspring Enterprises Inc)

Year 2000 Compatibility. Promptly and in no event later than The Borrower shall take all action necessary to assure that, prior to January 1, 2000, take all action necessary to ensure that Borrowers' the Borrower's computer based systems are system is able to operate and effectively process data including dates on and after January 1, 2000. At the request of the Administrative Deal Agent, Borrowers the Borrower shall provide the Administrative Agent and Lenders assurances in form and substance satisfactory assurance acceptable to the Administrative Deal Agent and Lenders of Borrowers' year the Borrower's Year 2000 compatibility.

Appears in 2 contracts

Samples: Loan and Security Agreement (First Investors Financial Services Group Inc), Loan Funding and Servicing Agreement (Healthcare Financial Partners Inc)

Year 2000 Compatibility. Promptly The Borrower shall take all actions reasonably necessary and in no event later than January 1, 2000, take all action necessary its control to ensure assure that Borrowers' Borrower's computer based systems are able to operate and effectively process data including which includes dates on and after January 1, 2000. At the request of the Administrative Agent, Borrowers the Borrower shall provide the Administrative Agent and Lenders reasonable assurances in form and substance satisfactory to the Administrative Agent and Lenders of Borrowers' year the Borrower's Year 2000 compatibility.

Appears in 1 contract

Samples: Credit Agreement (Marshall Industries)

Year 2000 Compatibility. Promptly and in no event later than January 1, 2000, take Take all action actions necessary to ensure assure that Borrowers' computer the Borrower's computer- based systems are able to operate and effectively process data including which includes dates on and or after January 1, 2000. At the request of the Administrative Agent, Borrowers the Borrower shall provide the Administrative Agent and Lenders assurances in form and substance assurance satisfactory to the Administrative Agent and Lenders of Borrowers' year the Borrower's Year 2000 compatibility.

Appears in 1 contract

Samples: Credit Agreement (Checkpoint Systems Inc)

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Year 2000 Compatibility. Promptly and in no event later than January 1Prior to June 30, 20001999, take all action actions reasonably necessary to ensure assure that Borrowers' Borrower's computer based systems are able to operate and effectively process data including which includes dates prior to, on and after January 1, 2000. At the request of the Administrative Agent, Borrowers the Borrower shall provide the Administrative Agent and Lenders reasonable assurances in form and substance satisfactory to the Administrative Agent and Lenders of Borrowers' year the Borrower's Year 2000 compatibility.

Appears in 1 contract

Samples: Credit Agreement (Healthplan Services Corp)

Year 2000 Compatibility. Promptly and in no event later than January 1, 2000, take Take all action reasonably necessary to ensure that Borrowers' computer the computer-based systems of the Borrower and its Subsidiaries are able to operate and process effectively process data including that includes dates on and after January 1, 2000. At the request of the Administrative Agent, Borrowers the Borrower shall provide the Administrative Agent and Lenders reasonable assurances in form and substance satisfactory to the Administrative Agent and Lenders of Borrowers' year the Borrower's Year 2000 compatibility.

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

Year 2000 Compatibility. Promptly and in no event later than January 1, 2000, take Take all action necessary to ensure assure that Borrowers' the computer based systems of the Borrower and each Subsidiary of the Borrower are able to operate and effectively process data including dates on and after January 1, 2000. At In addition, at the request of any Lender, the Administrative Agent, Borrowers Borrower shall provide the Administrative Agent and Lenders such Lender any additional assurances in form and substance reasonably satisfactory to such Lender of the Administrative Agent Borrower's and Lenders each of Borrowersits Subsidiaries' year 2000 compatibility.

Appears in 1 contract

Samples: Tropical Sportswear Co Inc

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