Common use of Year 2000 Representation Clause in Contracts

Year 2000 Representation. All software, firmware, hardware, equipment, microprocessing chips and other data processing devices and services (both as a recipient and as a provider), capabilities and facilities utilized by, and material to the business operations or financial condition of, the Company are or will be able to record and process all calendar dates (whether before, in or after the year 2000) correctly with four-digit year processing and will be able to communicate with other applicable systems to accept two-digit year date data in a manner that resolves any ambiguities as to century in a properly defined manner (collectively, "Year 2000 Compliant").

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Compass Bancshares Inc), Agreement and Plan of Merger (Compass Bancshares Inc), Agreement and Plan of Merger (Compass Bancshares Inc)

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Year 2000 Representation. All software, firmware, hardware, equipment, microprocessing chips and other data processing devices and services (both as a recipient and as a provider), capabilities and facilities utilized by, and material to the business operations or financial condition of, the Company are or will be able to record and process all calendar dates (whether before, in or and after the year 2000) correctly with four-digit year processing and will be able to communicate with other applicable systems to accept any two-digit year date data in a manner that resolves any ambiguities as to century in a properly defined manner (collectively, "Year 2000 Compliant")manner.

Appears in 1 contract

Samples: Merger Agreement (Compass Bancshares Inc)

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