Common use of Year 2000 Representation and Warranty Clause in Contracts

Year 2000 Representation and Warranty. The Borrower has conducted a ------------------------------------- comprehensive review and assessment of the Borrower's computer applications and made inquiry of the Borrower's key tenants and lessees with respect to the "year 2000 problem" (that is, the risk that computer applications may not be able to properly perform date-sensitive functions after December 31, 1999) and, based on that review and inquiry, the Borrower does not believe the year 2000 problem will result in a material adverse change in the Borrower's business condition (financial or otherwise), operations, properties or prospects, or ability to repay the Loan.

Appears in 2 contracts

Samples: Credit Agreement (National Golf Properties Inc), Revolving Credit Agreement (National Golf Properties Inc)

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Year 2000 Representation and Warranty. The Borrower has conducted a ------------------------------------- comprehensive review and assessment of the Borrower's computer applications and made inquiry of the Borrower's key tenants suppliers, vendors and lessees customers with respect to the "year 2000 problem" (that is, the risk that computer applications may not be able to properly perform date-sensitive functions after December 31, 1999) and, based on that review and inquiry, the Borrower does not believe the year 2000 problem will result in a material adverse change in the Borrower's business condition (financial or otherwise), operations, properties or prospects, or ability to repay the Loan.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Duke Weeks Realty Limited Partnership), Revolving Credit Agreement (Duke Weeks Realty Limited Partnership)

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