Common use of Year 2000 Issue Clause in Contracts

Year 2000 Issue. The Borrower shall take, and shall cause each of the Guarantors to take, all necessary action to complete in all materials respects by September, 1999, the reprogramming of computer software, hardware and firmware systems and equipment containing embedded microchips owned or operated by or for the Borrower and the guarantors or used or relied upon in the conduct of their business (including systems and equipment supplied by others or with which such systems of the Borrower or any of the Guarantors interface) required as a result of the Year 2000 Issue to permit the proper functioning of such computer systems and other equipment and the testing of such systems and equipment, as so reprogrammed. At the request of the Agent, the Borrower shall provide, and shall cause each of the guarantors to provide, to the Agent reasonable assurance of its compliance with the preceding sentence; and

Year 2000 Issue. The Borrower shall take, and shall cause each of the Guarantors to take, all necessary action to complete in all materials respects by September, 1999, the reprogramming of computer software, hardware and firmware systems and equipment containing embedded microchips owned or operated by or for the Borrower and the guarantors Guarantors or used or relied upon in the conduct of their business (including systems and equipment supplied by others or with which such systems of the Borrower or any of the Guarantors interface) required as a result of the Year 2000 Issue to permit the proper functioning of such computer systems and other equipment and the testing of such systems and equipment, as so reprogrammed. At the request of the Agent, the Borrower shall provide, and shall cause each of the guarantors Guarantors to provide, to the Agent reasonable assurance of its compliance with the preceding sentence; and;

Year 2000 Issue. The Borrower and each Guarantor shall take, and shall cause each of the Guarantors their Subsidiaries to take, all necessary action to complete in all materials material respects by SeptemberSeptember 30, 1999, the reprogramming of computer software, hardware and firmware systems and equipment containing embedded microchips owned or operated by or for the Borrower Borrower, each of the Guarantors and the guarantors their Subsidiaries or used or relied upon in the conduct of their business (including systems and equipment supplied by others or with which such systems of the Borrower or any Borrower, each of the Guarantors and their Subsidiaries interface) required as a result of the Year 2000 Issue to permit the proper functioning of such computer systems and other equipment and the testing of such systems and equipment, as so reprogrammed. At the request of the Agent, the Borrower shall provide, and shall cause each of the guarantors to provide, provide to the Agent reasonable assurance of its compliance with the preceding sentence; and.