Year 2000 Assessment definition

Year 2000 Assessment means a comprehensive written assessment of the nature and extent of each Credit Party's Year 2000 Problems and Year 2000 Date-Sensitive Systems/Components, including, without limitation, Year 2000 Problems regarding data exchanges with Third Party Interactives.
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Year 2000 Assessment means a comprehensive written assessment of the nature and extent of each Borrow's Year 2000 Problems and Year 2000 Date-Sensitive Systems/Components, including, without limitation, Year 2000 Problems regarding data exchanges with Third Party Interactives.
Sample 1
Year 2000 Assessment means a comprehensive written assessment of the nature and extent of the Seller's and the Servicer's Year 2000 Mission Critical Problems and Year 2000 Mission Critical Date-Sensitive Systems/Components, including, without limitation, Year 2000 Mission Critical Problems regarding data exchanges with Third Party Interactives.
Sample 1

Examples of Year 2000 Assessment in a sentence

  • 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 shall complete all Year 2000 Corrective Actions by October 31, 1999.

  • Each Credit Party has completed a Year 2000 Assessment, a copy of which has been delivered to Agent.

  • On or before June 30, 1999, the Seller shall have --------- completed and delivered to the Operating Agent a Year 2000 Assessment.

  • On or before September 30, 1999, Borrower and each of its Material Subsidiaries shall use commercially reasonable efforts to address all Year 2000 Problems identified in the Year 2000 Assessment, except where the failure to address such Year 2000 Problems could not reasonably be expected to have a Material Adverse Effect, individually or in the aggregate.

  • Each Borrower has completed a Year 2000 Assessment and a Year 2000 Corrective Plan, and each Borrower has completed all Year 2000 Corrective Actions, except where the failure to so complete could not reasonably be expected to result in a Material Adverse Effect.

  • If not previously delivered to Lender, on or prior to January 31, 1999, Borrower shall complete and deliver to Lender a Year 2000 Assessment, and, if not previously delivered to Lender, on or prior to March 31, 1999, Borrower shall complete and deliver to Lender a Year 2000 Corrective Plan.

  • 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 completed all Year 2000 Corrective Actions and Year 2000 Implementation Testing.

  • Each Credit Party (other than the Marcliff Subsidiaries) has completed and delivered to Agent a Year 2000 Assessment and a Year 2000 Corrective Plan.

  • 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, except for Year 2000 Corrective Actions and Year 2000 Implementation Testing with respect to Healthrider retail stores.

  • On or prior to August 27, 1998, each Credit Party shall deliver to the Agent a Year 2000 Assessment and a Year 2000 Corrective Plan.


More Definitions of Year 2000 Assessment

Year 2000 Assessment means, as to the CGS Originator, the -------------------- Servicer or the Seller, a comprehensive written assessment of the nature and extent of the material Year 2000 Problems and Year 2000 Date-Sensitive Systems/Components of such Person, including, without limitation, Year 2000 Problems regarding data exchanges with Third Party Interactives.
Sample 1

Related to Year 2000 Assessment

  • Phase I assessment as described in, and meeting the criteria of, (i) Chapter 5 of the FNMA Multifamily Guide or any successor provisions covering the same subject matter in the case of a Specially Serviced Mortgage Loan as to which the related Mortgaged Property is multifamily property or (ii) the American Society for Testing and Materials in the case of Specially Serviced Mortgage Loan as to which the related Mortgaged Property is not multifamily property.

  • Impact Assessment has the meaning given to it in Clause 22.1.3 (Variation Procedure);

  • Year 2000 Compliance has the meaning set forth in section 17.29 of the Management Agreement.

  • Risk assessment means a programme to determine any risk associated with any hazard at a construction site, in order to identify the steps needed to be taken to remove, reduce or control such hazard;

  • Phase 1 means the first implementation phase of this section, beginning June 1, 2018 and ending May 31, 2022.

  • Site Assessment means an environmental assessment report for the Mortgaged Property prepared at Borrower’s expense by a qualified environmental consultant engaged by Borrower, or by Lender on behalf of Borrower, and approved by Lender, and in a manner reasonably satisfactory to Lender, based upon an investigation relating to and making appropriate inquiries to evaluate the risks associated with Mold and any existence of Hazardous Materials on or about the Mortgaged Property, and the past or present discharge, disposal, release or escape of any such substances, all consistent with the most current version of the ASTM 1527 standard (or any successor standard published by ASTM) and good customary and commercial practice.

  • Year 2000 Problem as used herein means any significant risk that computer hardware or software used in the receipt, transmission, processing, manipulation, storage, retrieval, retransmission or other utilization of data or in the operation of mechanical or electrical systems of any kind will not, in the case of dates or time periods occurring after December 31, 1999, function at least as effectively as in the case of dates or time periods occurring prior to January 1, 2000.

  • Phase I Environmental Assessment A “Phase I assessment” as described in, and meeting the criteria of, the ASTM, plus a radon and asbestos inspection.

  • Year 2000 Compliant means, with respect to the Company's Information Technology, that the Information Technology is designed to be used prior to, during and after the calendar Year 2000, and the Information Technology used during each such time period will accurately receive, provide and process date and time data (including, but not limited to, calculating, comparing and sequencing) from, into and between the 20th and 21st centuries, including the years 1999 and 2000, and leap-year calculations, and will not malfunction, cease to function, or provide invalid or incorrect results as a result of the date or time data, to the extent that other information technology, used in combination with the Information Technology, properly exchanges date and time data with it. The Company has delivered to the Buyers true and correct copies of all analyses, reports, studies and similar written information, whether prepared by the Company or another party, relating to whether the Information Technology is Year 2000 Compliant, if any.

  • Phase I means the first part of the tuition incentive assistance program defined as the academic period of 80 semester or 120 term credits, or less, leading to an associate degree or certificate.

  • Preliminary assessment means the first phase in the process of identifying areas of concern and determining whether contaminants are or were present at a site or have migrated or are migrating from a site, and shall include the initial search for and evaluation of, existing site specific operational and environmental information, both current and historic, to determine if further investigation concerning the documented, alleged, suspected or latent discharge of any contaminant is required. The evaluation of historic information shall be conducted from 1932 to the present, except that the department may require the search for and evaluation of additional information relating to ownership and use of the site prior to 1932 if such information is available through diligent inquiry of the public records.

  • Environmental and Social Impact Assessment or “ESIA” means a site-specific report, to be prepared in accordance with the parameters laid down in the ESMF (as hereinafter defined) and acceptable to the Association, identifying and assessing the potential environmental and social impacts of the activities to be undertaken for the Project, evaluating alternatives, and designing appropriate mitigation, management, and monitoring measures.

  • Root Cause Analysis Report means a report addressing a problem or non-conformance, in order to get to the ‘root cause’ of the problem, which thereby assists in correcting or eliminating the cause, and prevent the problem from recurring.

  • Needs assessment In this section, LEAs are asked to describe the impact of the pandemic on their students, examine disproportionate impacts on specific student groups, and highlight the LEA’s promising practices in supporting student needs since March 2020. Indicators of Impact

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

  • Environmental Impact Assessment means a systematic examination conducted to determine whether or not a programme, activity or project will have any adverse impacts on the environment;

  • Environmental Assessment means an assessment of the presence, storage or release of any hazardous or toxic substance, pollutant or contaminant with respect to the collateral securing a Shared-Loss Loan that has been fully or partially charged off.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;