Common use of Year 2000 Compatibility Clause in Contracts

Year 2000 Compatibility. Take all action necessary to assure that from and after January 1, 2000 the computer-based systems of the Borrower are able to operate and effectively process data that includes dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent assurance acceptable to the Administrative Agent of the timely year 2000 compatibility of the Borrower.

Appears in 2 contracts

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

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Year 2000 Compatibility. Take all action actions reasonably necessary to assure that from and after January 1, 2000 the computer-Borrower's computer based systems of the Borrower are able to operate and effectively process data that which includes dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent assurance acceptable reasonable assurances satisfactory to the Administrative Agent of the timely year Borrower's Year 2000 compatibility of the Borrowercompatibility.

Appears in 2 contracts

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

Year 2000 Compatibility. Take all action actions reasonably ----------------------- necessary to assure that from and after January 1, 2000 the computer-each Borrower's computer based systems of the Borrower are able to operate and effectively process data that which includes dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower Company shall provide to the Administrative Agent assurance acceptable reasonable assurances satisfactory to the Administrative Agent of the timely year each Borrower's Year 2000 compatibility of the Borrowercompatibility.

Appears in 2 contracts

Samples: Credit Agreement (Global Imaging Systems Inc), Credit Agreement (Global Imaging Systems Inc)

Year 2000 Compatibility. Take all action actions reasonably necessary to assure that from and after January 1, 2000 the computer-each Borrower's computer based systems of the Borrower are able to operate and effectively process data that which includes dates on and after January 1, 2000. At the request of the Administrative Agent, the each Borrower shall provide to the Administrative Agent assurance acceptable reasonable assurances satisfactory to the Administrative Agent of the timely year such Borrower's Year 2000 compatibility of the Borrowercompatibility.

Appears in 1 contract

Samples: Credit Agreement (GTS Duratek Inc)

Year 2000 Compatibility. Take all action actions reasonably necessary to assure that from and after January 1, 2000 the computer-each Borrower's computer based systems of the Borrower are able to operate and effectively process data that which includes dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower Borrowers shall provide to the Administrative Agent assurance acceptable reasonable assurances satisfactory to the Administrative Agent of the timely year each Borrower's Year 2000 compatibility of the Borrowercompatibility.

Appears in 1 contract

Samples: Credit Agreement (United States Lime & Minerals Inc)

Year 2000 Compatibility. Take Prior to June 30, 1999, take all action actions reasonably necessary to assure that from and after January 1, 2000 the computer-Borrower's computer based systems of the Borrower are able to operate and effectively process data that which includes dates prior to, on and after January 1, 2000. At the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent assurance acceptable reasonable assurances satisfactory to the Administrative Agent of the timely year Borrower's Year 2000 compatibility of the Borrowercompatibility.

Appears in 1 contract

Samples: Credit Agreement (Healthplan Services Corp)

Year 2000 Compatibility. Take The Borrowers have taken all action necessary to assure that from and after January 1, 2000 the computer-computer based systems of the Borrower Borrowers are able to operate and effectively process data that includes including dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower Borrowers shall provide to the Administrative Agent assurance reasonably acceptable to the Administrative Agent and the Lenders of the timely year Borrowers' Year 2000 compatibility of the Borrowercompatibility.

Appears in 1 contract

Samples: Credit Agreement (Acc Corp)

Year 2000 Compatibility. Take all action necessary to assure ensure that from and after January 1, 2000 key operational software of the computer-computer based systems of the such Borrower and its Subsidiaries are able to operate and effectively process data that includes including dates on and after January 1, 2000. At the request of the Administrative Agent, the each Borrower shall provide to the Administrative Agent assurance acceptable to the Administrative Agent of the timely year Year 2000 compatibility of the Borrowersuch Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Cornerstone Realty Income Trust Inc)

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Year 2000 Compatibility. Take all action actions reasonably necessary to assure that from and after January 1, 2000 the computer-Borrower's computer based systems of the Borrower are able to operate and effectively process data that which includes dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower Parent shall provide reasonable assurances satisfactory to the Administrative Agent assurance acceptable to that the Administrative Agent of the timely year 2000 compatibility of the Borrowerforegoing actions are being or have been taken.

Appears in 1 contract

Samples: Credit Agreement (Dollar Express Inc)

Year 2000 Compatibility. Take The Borrower shall take all action necessary to assure that from and after that, prior to January 1, 2000 2000, the computer-Borrower's computer based systems of the Borrower are able to operate and effectively process data that includes including dates on and after January 1, 2000. At the request of the Administrative Deal Agent, the Borrower shall provide to the Administrative Agent assurance acceptable to the Administrative Deal Agent of the timely year Borrower's Year 2000 compatibility of the Borrowercompatibility.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD)

Year 2000 Compatibility. Take all action actions necessary to assure that from and after January 1, 2000 the computer-Borrower's computer- based systems of the Borrower are able to operate and effectively process data that which includes dates on and or after January 1, 2000. At the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent assurance acceptable satisfactory to the Administrative Agent of the timely year Borrower's Year 2000 compatibility of the Borrowercompatibility.

Appears in 1 contract

Samples: Credit Agreement (Checkpoint Systems Inc)

Year 2000 Compatibility. Take all action actions reasonably necessary to assure that from and after January 1, 2000 the computer-Borrower's computer based systems of the Borrower are able to operate and effectively process data that which includes dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent assurance acceptable reasonable assurances satisfactory to the Administrative Agent of the timely year Borrower's Year 2000 compatibility of the Borrowercompatibility."

Appears in 1 contract

Samples: Credit Agreement (Corrections Corporation of America)

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