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:
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.
Year 2000 Matters means whether the performance or functionality of

Examples of Year 2000 Matters in a sentence

  • 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.

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

  • 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.

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

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

  • Set forth in SCHEDULE 2.32 is a description of the Surviving Corporation's compliance program with respect to Year 2000 Matters and a statement as to its progress in meeting such program's compliance schedule and goals as of the date hereof.

  • The Surviving Corporation does not sell, nor has it sold, any application programs, databases, software or hardware (including distributed systems and embedded chips), the performance of which will be adversely affected by dates after the commencement of the year 2000 ("Year 2000 Matters") except to the extent such adverse effects would not have a Material Adverse Effect on the Surviving Corporation.

  • To the knowledge of the Company and the Principal Shareholders, 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 Company will fail to complete any material transaction with the Company, nor will the Company experience material interruptions in supply or delays in sales, as a result of Year 2000 Matters.

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


More Definitions of Year 2000 Matters

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.
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