Common use of Year 2000 Problem Clause in Contracts

Year 2000 Problem. The Borrower and its Subsidiaries have reviewed the areas within their businesses and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (i.

Appears in 7 contracts

Samples: Credit Agreement (Centennial Technologies Inc), Credit Agreement (Wichita Manufacturing Inc), Revolving Credit and Term Loan Agreement (Bangor Hydro Electric Co)

AutoNDA by SimpleDocs

Year 2000 Problem. The Borrower and its Subsidiaries have reviewed ----------------- the areas within their businesses and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (i.

Appears in 3 contracts

Samples: Revolving Credit and Acquisition Loan Agreement (Jackson Products Inc), Revolving Credit Agreement (California Steel Industries Inc), Credit Agreement (Geerlings & Wade Inc)

Year 2000 Problem. The Borrower and its Subsidiaries (a) have reviewed the areas within their businesses business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the Year 2000 Problem and (b) have made appropriate inquiries as to the effect the Year 2000 Problem will have on their material suppliers and customers. Based on such review, program and inquiries, the Borrower reasonably believes that the "Year 2000 Problem" (i.will not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Bingham Financial Services Corp), Credit Agreement (Bingham Financial Services Corp)

Year 2000 Problem. The Borrower and its Subsidiaries (a) have reviewed the areas within their businesses business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the Year 2000 Problem and (b) have made appropriate inquiries as to the effect the Year 2000 Problem will have on their material suppliers and customers. Based on such review, program and inquiries, the Borrower reasonably believes that the "Year 2000 Problem" (i.will not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Ch Energy Group Inc)

Year 2000 Problem. The Borrower and its Subsidiaries Borrowers have reviewed the areas within their businesses business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (i.. Based on such review and program, the Year 2000 Problem will not have a material adverse effect on their business and operations.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Waste Connections Inc/De), Revolving Credit Agreement (Casella Waste Systems Inc)

Year 2000 Problem. The Borrower and each of its Subsidiaries have has reviewed the areas within their businesses and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (i.

Appears in 1 contract

Samples: Revolving Credit Agreement (Anacomp Inc)

Year 2000 Problem. The Borrower and its Subsidiaries have reviewed are reviewing the areas within their businesses and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (i.

Appears in 1 contract

Samples: Credit Agreement (School Specialty Inc)

AutoNDA by SimpleDocs

Year 2000 Problem. The Year 2000 ----------------- ----------------- --------- Problem. Each Borrower and its Subsidiaries have has reviewed the areas within their its businesses and ------- operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (i.

Appears in 1 contract

Samples: Commercial Loan Agreement (Boston Biomedica Inc)

Year 2000 Problem. The Borrower and its Subsidiaries (a) have ----------------- reviewed the areas within their businesses business and operations which could be adversely affected by, and have developed or and are developing implementing a program (the "Year 2000 --------- Program") to address on a timely basis, the "Year 2000 Problem" Problem and (i.b) have made ------- or are planning to make appropriate inquiries as to the effect the Year 2000 Problem will have on their material suppliers and customers. Based on such review, program and inquiries, the Borrower reasonably believes that the Year 2000 Problem will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Conectiv Inc)

Year 2000 Problem. The Borrower and its Subsidiaries have reviewed the areas within their businesses and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, by the "Year 2000 Problem" (i.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Trailer Bridge Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!