Common use of Year 2000 Clause in Contracts

Year 2000. Borrower has taken all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including without limitation that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999.

Appears in 5 contracts

Samples: Loan and Security Agreement (Nstor Technologies Inc), Loan and Security Agreement (Cr Resorts Capital S De R L De C V), Loan and Security Agreement (Revenge Marine Inc)

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Year 2000. Borrower has taken shall take all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including without limitation that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999. At Lender's request, Borrower shall provide to Lender assurance reasonably acceptable to Lender that Borrower's computer-based systems, embedded microchips and other processing capabilities are year 2000 compatible.

Appears in 3 contracts

Samples: Loan and Security Agreement (Cr Resorts Capital S De R L De C V), Loan and Security Agreement (Cr Resorts Capital S De R L De C V), Loan and Security Agreement (Cr Resorts Capital S De R L De C V)

Year 2000. Borrower has taken all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including including, without limitation limitation, that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999.

Appears in 3 contracts

Samples: Loan and Security Agreement (Vista Gold Corp), Revolving Loan Agreement (Roadhouse Grill Inc), Loan and Security Agreement (Boca Research Inc)

Year 2000. Borrower has taken shall take all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including including, without limitation limitation, that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999. At Lender's request, Borrower shall provide to Lender assurance reasonably acceptable to Lender that Borrower's computer-based systems, embedded microchips and other processing capabilities are year 2000 compatible.

Appears in 3 contracts

Samples: Loan and Security Agreement (Vista Gold Corp), Revolving Loan Agreement (Roadhouse Grill Inc), Loan and Security Agreement (Boca Research Inc)

Year 2000. Borrower has taken all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including without limitation that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999.; and

Appears in 2 contracts

Samples: Loan and Security Agreement (Arv Assisted Living Inc), Loan and Security Agreement (Javelin Systems Inc)

Year 2000. Borrower has taken shall take all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including including, without limitation limitation, that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999. At Lender's request, Borrower shall provide to Lender assurance reasonably acceptable to Lender that Borrower's computer- based systems, embedded microchips and other processing capabilities are year 2000 compatible.

Appears in 2 contracts

Samples: Loan and Security Agreement (Artisan Entertainment Inc), Loan and Security Agreement (Artisan Entertainment Inc)

Year 2000. Borrower has taken shall take all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including without limitation that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 19991,1999.

Appears in 1 contract

Samples: Loan and Security Agreement (Espos Inc)

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Year 2000. Borrower has taken all action necessary reasonably believed to be --------- sufficient to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including without limitation that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Sunterra Corp)

Year 2000. Borrower It has taken all action necessary to assure that there will be no material adverse change to such Borrower's business by reason of the advent of the year 2000, including without limitation that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999., except as set forth on Borrowers' annual report on Form 10-K for the fiscal year ended September 30, 1998;

Appears in 1 contract

Samples: Loan and Security Agreement (Digital Solutions Inc)

Year 2000. Borrower has taken shall take all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including without limitation limitation, that all computer-computer- based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Advanced Polymer Systems Inc /De/)

Year 2000. Borrower has taken all action necessary reasonably believed to be sufficient to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including without limitation that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Sunterra Corp)

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