Year 2000 Matters definition

Year 2000 Matters means whether the performance or functionality of Information Technology is, has been or will be affected by dates prior to, during or after the year 2000 and, in particular (but without limitation), whether:
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Year 2000 Matters. Any reprogramming reasonably foreseen to be necessary in accordance with customary business practices to permit the proper functioning (but only to the extent that such proper functioning would otherwise be impaired by the occurrence of the year 2000) in and following the year 2000 of computer systems and other equipment containing embedded microchips, in either case owned or operated by the Borrower or any of its Subsidiaries and the testing of all such systems and other equipment as so reprogrammed, will be completed by June 30, 1999 (or September 30, 1999 in the case of Tamor Corporation). The Borrower will make reasonable inquiry of all Persons the computer systems of which interface with the Borrower's computer systems (other than those of any Lender or any immaterial
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Year 2000 Matters means whether the performance or functionality of
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Examples of Year 2000 Matters in a sentence

  • Year 2000 Matters ----------------- The Year 2000 Issue is the result of computer programs being written using two digits rather than four to define the applicable year.

  • Set forth in Section 2.20 of the Disclosure Schedule is a description of the Seller Subsidiaries' compliance program with respect to Year 2000 Matters and a statement as to their progress in meeting such program's compliance schedule and goals as of the date hereof.

  • Such cooperation shall include providing the Charter Parties with status reports as the Charter Parties may reasonably request regarding Year 2000 Matters.

  • The Helicon Companies shall cooperate with the Charter Parties prior to the Closing with respect to the Year 2000 Matters.

  • Year 2000 Matters.......................................................................

  • The Falcon Companies shall cooperate with Buyer prior to the Closing with respect to the Year 2000 Matters.

  • Year 2000 Matters.................................................

  • To the knowledge of the Surviving Corporation and the Stockholders, none of the application programs, databases, software or hardware owned or licensed by the Surviving Corporation or used in its business will be adversely affected in performance by Year 2000 Matters.

  • Year 2000 Matters....................................................................

  • To the knowledge of the Surviving Corporation and the Stockholders, based solely on communications with customers and suppliers through the date of this Agreement or the Closing Date, as the case may be, no customer or supplier of the Surviving Corporation will fail to complete any material transaction with the Surviving Corporation, nor will the Surviving Corporation experience material interruptions in supply or delays in sales, as a result of Year 2000 Matters.


More Definitions of Year 2000 Matters

Year 2000 Matters. The Guarantor has reviewed its operations and those of its Subsidiaries with a view to assessing whether its businesses or the businesses of any of its Subsidiaries will, in the receipt, transmission, processing, manipulation, storage, retrieval, retransmission or other utilisation of data, be vulnerable to a Year 2000 Problem or will be vulnerable to the effects of a Year 2000 Problem suffered by any of the Guarantor's or any of its Subsidiaries' major commercial counterparties. Based on such review the Guarantor has no reason to believe that a Material Adverse Effect will occur with respect to its businesses or operations or the businesses or operations of any of its Subsidiaries resulting from a Year 2000 Problem.
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Year 2000 Matters. Except as set forth on Schedule 3.37, each of the Companies has (i) initiated a review and assessment of all areas within its business and operations (including those affected by the Manufacturer, suppliers, vendors and customers) that could be adversely affected by the "Year 2000 Problem" (that is, the risk that computer applications used by such Company may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999), (ii) developed a plan and timetable as described on Schedule 3.37 for addressing the Year 2000 Problem on a timely basis, and (iii) to date, implemented that plan and timetable, except as set forth on said Schedule 3.37.
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Related to Year 2000 Matters

  • Year 2000 Issues means anticipated costs, problems and uncertainties associated with the inability of certain computer applications to effectively handle data including dates on and after January 1, 2000, as such inability affects the business, operations and financial condition of the Borrower and its Subsidiaries and of the Borrower's and its Subsidiaries' material customers, suppliers and vendors.

  • 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.

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

  • Year 2000 Ready or "Year 2000 Readiness" means that the referenced component, system, software, equipment or other item (for purposes of this definition, the "Computer System") is designed to be used prior to, during and after the calendar year 2000 A.D., and that such Computer System will operate at all levels, including microcode, firmware, application programs, user interfaces, files and databases, during each such time period without error or interruption relating to, or the product of, date data which represents or references different centuries or more than one century or leap year.

  • 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.

  • service delivery and budget implementation plan means a detailed plan approved by the mayor of a municipality in terms of section 53(1) (c) (ii) for implementing the municipality’s delivery of municipal services and its annual budget.

  • Baseline Schedule means the initial time schedule prepared by Contractor for Owner’s information and acceptance that conveys Contractor’s and Subcontractors’ activities (including coordination and review activities required in the Contract Documents to be performed by A/E and ODR), durations, and sequence of work related to the entire Project to the extent required by the Contract Documents. The schedule clearly demonstrates the critical path of activities, durations and necessary predecessor conditions that drive the end date of the schedule. The Baseline Schedule shall not exceed the time limit current under the Contract Documents.

  • Annual Projections is defined in Section 6.2(a).

  • Service Level Agreements means an agreement between NZX and a Market Participant and/or an Advisor setting out the terms and conditions of use of NZX technology and services;

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Sustainability Structuring Agent means PNC Capital Markets LLC.

  • Interconnected Reliability Operating Limit or “IROL” shall mean the value (such as MW, MVAR, Amperes, Frequency, or Volts) derived from, or a subset of, the System Operating Limits, which if exceeded, could expose a widespread area of the bulk electrical system to instability, uncontrolled separation(s) or cascading outages.

  • Day-ahead Scheduling Reserves Resources means synchronized and non-synchronized generation resources and Demand Resources electrically located within the PJM Region that are capable of providing Day-ahead Scheduling Reserves.

  • General air quality operating permit or "general permit" means an air quality operating permit that meets the requirements of ARM 17.8.1222, covers multiple sources in a source category, and is issued in lieu of individual permits being issued to each source.

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Existing development means development, other than that associated with agricultural or forest management activities, that meets one of the following criteria:

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Project Implementation Plan means the detail plan submitted by the Developer with regard to development of Project Facilities and its operation and management thereof in accordance with this Agreement and to be appended as Schedule 9 to this Agreement.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Financial Projections has the meaning provided in Section 5.07(b).

  • Strategic Plan means the plan which the Integration Joint Board is required to prepare and implement in relation to the delegated provision of health and social care services to adults in accordance with section 29 of the Act;

  • Current closure cost estimate means the most recent of the estimates pre- pared in accordance with § 265.142 (a), (b), and (c).

  • Implementation Period means the period from the date of signing of the Agreement and up to the issuance of Final Acceptance Certificate for the project.

  • Interim Number Portability or “INP” means the use of existing and available call routing, forwarding, and addressing capabilities (e.g. remote call forwarding) to enable a Customer to receive Telephone Exchange Service provided by any Local Exchange Carrier operating within the exchange area with which the Customer’s telephone number(s) is associated, without having to change the telephone number presently assigned to the Customer and regardless of whether the Customer’s chosen Local Exchange Carrier is the carrier that originally assigned the number to the Customer.