YEAR 2000 COMPLIANCE PROGRAM. The Borrower agrees to (a) conduct a detailed inventory and assessment of all of its computer hardware and software systems and imbedded chip technology ("INFORMATION SYSTEMS") and of its business and operations that could be adversely affected by its failure to be Year 2000 Compliant on a timely basis; (b) develop, fund and implement a project plan to make its Information Systems Year 2000 Compliant, and complete implementation of the plan and the remediation and testing of its Information Systems no later than June 30, 1999; and (c) initiate a process to determine whether its material suppliers, vendors and customers have taken meaningful steps to become Year 2000 Compliant on a timely basis, and develop and implement a feasible contingency plan to ensure the uninterrupted and unimpaired operation of its business in the event of the failure of the systems of such third parties or of its own Information Systems no later than June 30, 1999. For purposes of this covenant, "YEAR 2000 COMPLIANT" means that the Borrower's Information Systems that are material to its operations and financial condition will be able to properly process date sensitive functions before, on and after December 31, 1999. The Borrower will also provide the Lender promptly upon receipt, copies of any reports or management letters relating to its Year 2000 compliance project and contingency plans, either internally prepared or prepared by outside consultants or its accountants, and will provide such other information relating to its Year 2000 compliance efforts, and deliver such certifications by its officers relating thereto as the Lender in its discretion may deem appropriate.
YEAR 2000 COMPLIANCE PROGRAM. (a) Each Borrower will (i) conduct a detailed inventory and assessment of all of its computer hardware and software systems and imbedded chip technology (AInformation System@) and of its business and operations that could be adversely affected by its failure to be Year 2000 Compliant on a timely basis; (ii) develop, fund, and implement a project plan to make its Information Systems Year 2000 Compliant, and complete implementation of the plan and the remediation and testing of its information Systems no later than March 31, 1999; and (iii) initiate a process to determine whether its material suppliers, vendors, and customers have taken meaningful steps to become Year 2000 Compliant on a timely basis, and develop and implement a feasible contingency plan to ensure the uninterrupted and unimpaired operation of its business in the event of the failure of the systems of such third parties or of its own Information Systems no later than March 31, 1999. For purposes of this covenant, AYear 2000 Compliant@ means that the Borrower's Information Systems that are material to its operations and financial condition will be able to properly process date sensitive functions before, on, and after December 31, 1999.
YEAR 2000 COMPLIANCE PROGRAM. The Borrower and its Restricted Subsidiaries are in the process of implementing a year 2000 compliance program.
YEAR 2000 COMPLIANCE PROGRAM. The Agent shall be reasonably satisfied with the Borrower's year 2000 compliance program. The request by the Borrower for, and the acceptance by the Borrower of, each Tranche A Extension of Credit hereunder shall be deemed to be a representation and warranty by the Borrower that the conditions specified in this subsection for the making of such Tranche A Extension of Credit shall have been satisfied at that time.
YEAR 2000 COMPLIANCE PROGRAM. The BORROWER has (1) conducted a detailed inventory and assessment of all of its computer hardware and software systems and imbedded chip technology ("Information Systems") and of its business and operations that could be adversely affected by its failure to be Year 2000 Compliant on a timely basis; (2) developed, funded, and implemented a project plan to make its Information Systems Year 2000 Compliant, and completed implementation of the plan and the remediation and testing of its Information Systems; and (3) initiated a process to determine whether its material suppliers, vendors, and customers have taken meaningful steps to become Year 2000 Compliant on a timely basis, and developed and implemented a feasible contingency plan to ensure the uninterrupted and unimpaired operation of its business in the event of the failure of the systems of such third parties or of its own Information Systems.
YEAR 2000 COMPLIANCE PROGRAM. Fort James shall continue through the Closing Date the implexxxxxtion, in accordance with the capital plan, of its existing program with respect to Year 2000 compliance in connection with the Business.
YEAR 2000 COMPLIANCE PROGRAM. Fort Xxxxx shall continue through the Closing Date the implementation, in accordance with the capital plan, of its existing program with respect to Year 2000 compliance in connection with the Business.
YEAR 2000 COMPLIANCE PROGRAM. Sellers shall continue to implement through the Closing Date, in accordance with the CapX Plan, its existing program with respect to Year 2000 compliance in connection with the Business, with such adjustments and additional expenditures as may be necessary to prevent the representation in Section 5.21 from becoming untrue.
