Common use of Year 2000 Compatibility Clause in Contracts

Year 2000 Compatibility. Borrower and its Subsidiaries have reviewed the areas within their business and operations which could be materially adversely affected by, and are taking all steps Borrower and its Subsidiaries consider reasonably necessary to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by Borrower and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date on or after December 31, 1999), and have made related appropriate inquiry of material suppliers and vendors. Based upon such review and program, Borrower believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)

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Year 2000 Compatibility. Borrower and its Subsidiaries have reviewed the areas within their business and operations which could be materially adversely affected by, and have developed or are taking all steps Borrower and its Subsidiaries consider reasonably necessary developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by Borrower and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date on or after December 31, 1999), and have made related appropriate inquiry of material suppliers and vendors. Based upon on such review and program, Borrower believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Adac Laboratories), Credit Agreement (Adac Laboratories), Credit Agreement (Indus International Inc)

Year 2000 Compatibility. Borrower Borrowers and its their Significant Subsidiaries have reviewed the areas within their business and operations which could be materially adversely affected by, and have developed or are taking all steps Borrower and its Subsidiaries consider reasonably necessary developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by Borrower Borrowers and its their Significant Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date on or after December 31, 1999), and have made related appropriate inquiry of material suppliers and vendors. Based upon on such review and program, each Borrower reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Assignment Agreement (Lsi Logic Corp), Assignment Agreement (Lsi Logic Corp)

Year 2000 Compatibility. Borrower and its Subsidiaries have ----------------------- reviewed the areas within their business and operations which could be materially adversely affected by, and have developed or are taking all steps Borrower and its Subsidiaries consider reasonably necessary developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by Borrower and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date on or after December 31, 1999), and have made related appropriate inquiry of material suppliers and vendors. Based upon on such review and program, Borrower believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Acuson Corp)

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Year 2000 Compatibility. Borrower and its Subsidiaries have ----------------------- reviewed the areas within their respective business and operations which could be materially adversely affected by, and have developed or are taking all steps Borrower and its Subsidiaries consider reasonably necessary developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by Borrower and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date on or after December 31, 1999), and have made related appropriate inquiry of material suppliers and vendors. Based upon on such review and program, Borrower believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Acuson Corp)

Year 2000 Compatibility. The Borrower and its Subsidiaries have reviewed are reviewing the areas within their business and operations which could be materially adversely affected by, and have developed or are taking all steps Borrower and its Subsidiaries consider reasonably necessary developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Borrower and its Subsidiaries in their business operations may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date on or after December 31, 1999), and have made are making related appropriate inquiry of material suppliers and vendors. Based upon on such review and program, program the Borrower believes that that, to the best of its information, the "Year 2000 Problem" will not have a Material Adverse EffectEffect on the Borrower.

Appears in 1 contract

Samples: Administration Agreement (Adc Telecommunications Inc)

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