Common use of Year 2000 Issue Clause in Contracts

Year 2000 Issue. Each of the Borrower and each of the Material Subsidiaries has reviewed the effect of the Year 2000 Issue on the computer software, hardware and firmware systems and equipment containing embedded microchips owned or operated by or for the Borrower and each Material Subsidiary or used or relied upon in the conduct of their business (including systems and equipment supplied by others or with which such computer systems of the Borrower and the Material Subsidiaries interface). The costs to the Borrower and the Material Subsidiaries of any reprogramming required as a result of the Year 2000 Issue to permit the proper functioning of such systems and equipment and the proper processing of data, and the testing of such reprogramming, and of the reasonably foreseeable consequences of the Year 2000 Issue to the Borrower or any of the Material Subsidiaries (including reprogramming errors and the failure of systems or equipment supplied by others) are not reasonably expected to result in a Default or Event of Default or to have a Material Adverse Effect.

Year 2000 Issue. Each of the Borrower The Company and each of the Material its Subsidiaries has have reviewed the effect of the Year year 2000 Issue on the computer software, hardware hardware, and firmware systems and equipment containing embedded microchips owned or operated by or for the Borrower Company and each Material Subsidiary its Subsidiaries or used or relied upon in the conduct of their business (including systems and equipment supplied by others or with which such computer systems of the Borrower Company and the Material its Subsidiaries interface). The Company and its Subsidiaries have reviewed and determined that the costs to the Borrower Company and the Material its Subsidiaries of any reprogramming required as a result of the Year 2000 Issue to permit the proper functioning of such systems and equipment and the proper processing of data, and the testing of such reprogramming, and of the reasonably foreseeable consequences of the Year year 2000 Issue to the Borrower Company or any of the Material its Subsidiaries (including reprogramming errors and the failure of systems or equipment supplied by others) ), are not reasonably expected to result in a Default or Event of Default or to have a Material Adverse Effectmaterial adverse effect on the business, assets, operations, prospects, or condition (financial or otherwise) of the Company or its Subsidiaries.

Year 2000 Issue. Each of the Borrower The Company and each of the Material its Subsidiaries has have reviewed the --------------- effect of the Year year 2000 Issue on the computer software, hardware hardware, and firmware systems and equipment containing embedded microchips owned or operated by or for the Borrower Company and each Material Subsidiary its Subsidiaries or used or relied upon in the conduct of their business (including systems and equipment supplied by others or with which such computer systems of the Borrower Company and the Material its Subsidiaries interface). The Company and its Subsidiaries have reviewed and determined that the costs to the Borrower Company and the Material its Subsidiaries of any reprogramming required as a result of the Year 2000 Issue to permit the proper functioning of such systems and equipment and the proper processing of data, and the testing of such reprogramming, and of the reasonably foreseeable consequences of the Year year 2000 Issue to the Borrower Company or any of the Material its Subsidiaries (including reprogramming errors and the failure of systems or equipment supplied by others) ), are not reasonably expected to result in a Default or Event of Default or to have a Material Adverse Effectmaterial adverse effect on the business, assets, operations, prospects, or condition (financial or otherwise) of the Company or its Subsidiaries.