Common use of Year 2000 Representations Clause in Contracts

Year 2000 Representations. Each Credit Party has completed a Year 2000 Assessment and a Year 2000 Corrective Plan, copies of which have been delivered to Agent; each Credit Party has completed all Year 2000 Corrective Actions and completed Year 2000 Implementation Testing. Each Credit Party has eliminated all Year 2000 Problems, except where the failure to correct the same could not reasonably be expected to have a Material Adverse Effect, individually or in the aggregate.

Appears in 1 contract

Samples: Credit Agreement (United Shipping & Technology Inc)

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Year 2000 Representations. Each Credit Party has completed a Year 2000 Assessment and a Year 2000 Corrective Plan, copies of which have been delivered to Agent; , and each Credit Party has completed all Year 2000 Corrective Actions and completed Year 2000 Implementation Testing. Each Credit Party has eliminated all Year 2000 Problems, except where the failure to correct the same could not reasonably be expected to have a Material Adverse Effect, individually or in the aggregate.

Appears in 1 contract

Samples: Credit Agreement (Track N Trail Inc)

Year 2000 Representations. Each Credit Party has completed a Year 2000 Assessment and a Year 2000 Corrective Plan, copies of which have been delivered to Agent; Lender, and each Credit Party has completed all Year 2000 Corrective Actions and completed Year 2000 Implementation Testing. Each Credit Party has eliminated all Year 2000 Problems, except where the failure to correct the same could not reasonably be expected to have a Material Adverse Effect, individually or in the aggregateActions.

Appears in 1 contract

Samples: Credit and Security Agreement (Unapix Entertainment Inc)

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Year 2000 Representations. Each Credit Party has completed a Year 2000 Assessment and a Year 2000 Corrective Plan, copies of which have been delivered to Agent; , and each Credit Party has completed all Year 2000 Corrective Actions and completed Year 2000 Implementation TestingTesting as of November 15, 1999. Each Credit Party has eliminated all Year 2000 Problems, except where the failure to correct the same could not reasonably be expected to have a Material Adverse Effect, individually or in the aggregate.

Appears in 1 contract

Samples: Credit Agreement (Itron Inc /Wa/)

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