Common use of Year 2000 Systems Clause in Contracts

Year 2000 Systems. The computer systems and software of the Corporation that are material to its business are able to accurately process date data, including calculating, comparing and sequencing from, into and between the twentieth century (through year 1999), the year 2000 and the twenty-first century, including leap year calculations, except for such inabilities to process such data that are fixable by normal, ongoing maintenance.

Appears in 2 contracts

Samples: Exchange Agreement (Artistdirect Inc), Exchange Agreement (Artistdirect Inc)

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Year 2000 Systems. The Company's and each Subsidiary's computer systems and software of the Corporation that are material to its respective business are able to accurately process date data, including calculating, comparing and sequencing from, into and between the twentieth century (through year 1999), the year 2000 and the twenty-first century, including leap year calculations, except for such inabilities to process such data that are fixable by normal, ongoing maintenance.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Artistdirect Inc), Securities Purchase Agreement (Artistdirect Inc)

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Year 2000 Systems. The Company has made and will continue to ----------------- make reasonable efforts to enable Company's computer systems and software of the Corporation that are material to its business are able to accurately process date data, including but not limited to, calculating, comparing and sequencing from, into and between the twentieth century (through year 1999), the year 2000 and the twenty-first century, including leap year calculations, except for such inabilities to process such data that are fixable by normal, ongoing maintenance.

Appears in 1 contract

Samples: Purchase Agreement (General Electric Capital Corp)

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