Common use of Year 2000 Compliant Clause in Contracts

Year 2000 Compliant. The Administrator warrants that all software code owned or under control by it, used in the performance of its obligations hereunder will be Year 2000 Compliant. For purposes of this paragraph, "Year 2000 Compliant" means that the software will continue to operate beyond December 31, 1999 without creating any logical or mathematical inconsistencies concerning any date after December 31, 1999 and without decreasing the functionality of the system applicable to dates prior to January 1, 2000 including, but not limited to, making changes to (a) date and data century recognition; (b) calculations which accommodate same- and multi- century formulas and date values; and (c) input/output of date values which reflect century dates. All changes described in this paragraph will be made at no additional cost to the Fund.

Appears in 4 contracts

Samples: Administration Agreement (Friends Ivory & Sime Funds), Administration Agreement (Friends Ivory Funds), Administration Agreement (Amerindo Funds Inc)

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Year 2000 Compliant. The Administrator Distributor warrants that all software code owned or under control by it, used in the performance of its obligations hereunder will be Year 2000 200 Compliant. For purposes of this paragraph, "Year 2000 Compliant" means that the software will continue to operate beyond December 31, 1999 without creating any logical or mathematical inconsistencies concerning any date after December 31, 1999 and without decreasing the functionality of the system applicable to dates prior to January 1, 2000 including, but not limited to, making changes to (a) date and data century recognition; (b) calculations which accommodate same- same and multi- multi-century formulas and date values; and (c) input/output of date values which reflect century dates. All changes described in this paragraph will be made at no additional cost to the Fund.

Appears in 3 contracts

Samples: Distribution Agreement (First American Investment Funds Inc), Distribution Agreement (First American Strategy Funds Inc), Distribution Agreement (First American Funds Inc)

Year 2000 Compliant. The Administrator warrants that all software code owned by or under control by itthe Administrator's control, used in the performance of its the Administrator's obligations hereunder under this contract, will be Year 2000 Compliantcompliant. For purposes of this paragraph, "Year 2000 Compliant" means that the software will continue to operate beyond December 31, 1999 without creating any logical or mathematical inconsistencies concerning any date after December 31, 1999 and without decreasing the functionality of the system applicable to dates prior to January 1, 2000 including, but not limited to, making changes to ([a) ] date and data century recognition; ([b) ] calculations which accommodate same- and multi- multi-century formulas and date values; and ([c) ] input/output of date values which reflect century dates. All changes described in this paragraph will be made at no additional cost to the FundTrust.

Appears in 3 contracts

Samples: Administration Agreement (Brazos Mutual Funds), Administration Agreement (Parkstone Advantage Fund), Administration Agreement (Armada Advantage Fund)

Year 2000 Compliant. The Administrator warrants that all software code owned by or under control by itthe Administrator's control, used in the performance of its the Administrator's obligations hereunder under this contract, will be Year 2000 Compliantcompliant. For purposes of this paragraph, "Year 2000 Compliant" means that the software will continue to operate beyond December 31, 1999 without creating any logical or mathematical inconsistencies concerning any date after December 31, 1999 and without decreasing the functionality of the system applicable to dates prior to January 1, 2000 including, but not limited to, making changes to ([a) ] date and data century recognition; ([b) ] calculations which accommodate same- and multi- century formulas and date values; and ([c) ] input/output of date values which reflect century dates. All changes described in this paragraph will be made at no additional cost to the FundTrust.

Appears in 1 contract

Samples: Interim Administration Agreement (Armada Funds)

Year 2000 Compliant. The Administrator warrants that all software code owned or under control by it, used in the performance of its obligations hereunder will be Year 2000 Compliant. For purposes of this paragraph, "Year 2000 Compliant" means that the software will continue to operate beyond December 31, 1999 without creating any logical or mathematical inconsistencies concerning any date after December 31, 1999 and without decreasing the functionality of the system applicable to dates prior to January 1, 2000 including, but not limited to, making changes to (a) date and data century recognition; (b) calculations which accommodate same- and multi- sameand multi-century formulas and date values; and (c) input/output of date values which reflect century dates. All changes described in this paragraph will be made at no additional cost to the Fund.

Appears in 1 contract

Samples: Administration Agreement (Sei Insurance Products Trust)

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Year 2000 Compliant. The Administrator Distributor warrants that all software code owned or under control by it, used in the performance of its obligations hereunder will be Year 2000 Compliant. For purposes of this paragraph, "Year 2000 Compliant" means that the software will continue to operate beyond December 31, 1999 without creating any logical or mathematical inconsistencies concerning any date after December 31, 1999 and without decreasing the functionality of the system applicable to dates prior to January 1, 2000 including, but not limited to, making changes to (a) date and data century recognition; (b) calculations which accommodate same- and multi- century formulas and date values; and (c) input/output of date values which reflect century dates. All changes described in this paragraph will be made at no additional cost to the Fund.

Appears in 1 contract

Samples: Distribution Agreement (Amerindo Funds Inc)

Year 2000 Compliant. The Administrator Distributor warrants that all software code owned or under control by it, used in the performance of its obligations hereunder hereunder, will be Year 2000 Compliant. For purposes of this paragraph, "Year 2000 Compliant" means that the software will continue to operate beyond December 31, 1999 without creating any logical or mathematical inconsistencies concerning any date after December 31, 1999 and without decreasing the functionality of the system applicable to dates prior to January 1, 2000 including, but not limited to, making changes to (a) date and data century recognition; (b) calculations which accommodate same- and multi- century formulas and date values; and (c) input/output of date values which reflect century dates. All changes described in this paragraph will be made at no additional cost to the Fund.

Appears in 1 contract

Samples: Distribution Agreement (Amerindo Funds Inc)

Year 2000 Compliant. The Administrator warrants that all software code owned or under control by it, used in the performance of its obligations hereunder will be Year 2000 Compliant. For purposes of this paragraph, "Year 2000 Compliant" means that the software will continue to operate beyond December 31, 1999 without creating any logical or mathematical inconsistencies concerning any date after December 31, 1999 and without decreasing the functionality of the system applicable to dates prior to January 1, 2000 including, but not limited to, making changes to (a) date and data century recognition; (b) calculations which accommodate same- and multi- multi-century formulas and date values; and (c) input/output of date values which reflect century dates. All changes described in this paragraph will be made at no additional cost to the FundTrust.

Appears in 1 contract

Samples: Administration Agreement (Pillar Funds)

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