Common use of Year 2000 Compatibility Clause in Contracts

Year 2000 Compatibility. The Company shall take all reasonable action necessary to ensure that the computer based systems of the Company and its Subsidiaries are able to operate and effectively process data including dates on or after January 1, 2000, except that such action shall not be required to the extent that the failure to take such action would not have a material adverse effect on the consolidated financial position or consolidated results of operations of the Company and its Consolidated Subsidiaries, considered as a whole. At the request of the Agent, the Company shall provide assurance reasonably acceptable to the Agent of the year 2000 compatibility of the Company and its Subsidiaries.

Appears in 11 contracts

Samples: Credit Agreement (Usw-C Inc), Credit Agreement (U S West Communications Inc), Credit Agreement (Us West Inc)

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Year 2000 Compatibility. The Company shall will, and will cause each of its Subsidiaries to, take all reasonable action necessary to ensure that the computer its computer-based systems of the Company and its Subsidiaries are able to operate and effectively process data including dates on or and after January 1, 2000, except that such action shall not be required to the extent that where the failure to take such action would do so could not have reasonably be expected to result in a material adverse effect on the consolidated financial position or consolidated results of operations of the Company and its Consolidated Subsidiaries, considered as a wholeMaterial Adverse Effect. At the request of the AgentAdministrative Agent or the Majority Banks, the Company shall will provide reasonable assurance reasonably acceptable to the Agent of the its year 2000 compatibility of the Company and its Subsidiariescompatibility.

Appears in 1 contract

Samples: Credit Agreement (Vista Eyecare Inc)

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