Year 2000 processing definition

Year 2000 processing means the processing, calculating, comparing, sequencing, displaying, storing, transmitting, or receiving of date or date-sensitive data from, into, or between the twentieth and twenty- first centuries, during the years 1999 and 2000, and leap year calculations.
Year 2000 processing means the processing, calculating, comparing, sequencing, displaying,
Year 2000 processing means processing by the Licensed Programs or other Components of a System, which is dependent upon usage of calendar dates, including dates on or

Examples of Year 2000 processing in a sentence

  • The Stockholder shall have the right to cure any Year 2000 Processing problems that arise from any Year 2000 process automatically provided that the Stockholder resolve such Year 2000 processing problem by December 1, 1999.

  • If, after using best efforts Supplier is unable to accomplish either of the foregoing options within ninety (90) days of Buyer's notification to Supplier of any failure of the Software to correctly perform Year 2000 Processing, Supplier shall indemnify and hold Buyer harmless from and against any and all liability, loss, or expense awarded by final judgement against Buyer arising from any third party claims which alleges damages to the Software.

  • Year 2000 Processing by any software or computer-controlled device that is owned, operated, used or useful in the Company's business will not adversely affect the Company's business.

  • The Stockholder warrant that (x) any version of Company's Intellectual Property being transferred to COMPS, other than over-the-counter "shrink wrap" software, shall properly perform Year 2000 Processing, and (y) all other versions of Company's Intellectual Property provided by the Company shall properly perform Year 2000 Processing.

  • The Company and the Shareholders have taken all steps reasonably necessary to access whether or not the Company's products and services are Millenium Compliant and whether any Year 2000 Processing by any device used or useful in the Company's business will adversely affect the Company's business.

  • YEAR 2000 CAPABILITY -------------------- Supplier warrants that any version of the Software shall properly perform Year 2000 Processing.

  • In the event of a breach of this warranty, Supplier agrees to promptly remedy such breach at no additional charge to Ameritech by: (i) correcting the version of the Software currently used by Ameritech so as to make it capable of correctly performing Year 2000 Processing; (ii) providing replacement Software for the Software which is equivalent in function to the Software and which correctly performs Year 2000 Processing.

  • Supplier shall promptly remedy any breach of this warranty at no additional charge to Ameritech by correcting its Services so as to make them capable of correctly performing Year 2000 Processing.

  • For purposes of this Agreement, "Year 2000 Processing" is defined as the processing (including calculating, comparing, sequencing, displaying, or storing), transmitting, or receiving of date data from, into, and between the 20/th and 21/st centuries, and during the years 1999 and 2000, and leap year calculations.

  • Seller warrants that (x) any version of Business Intellectual Property being transferred to Buyer, other than over-the-counter "shrink wrap" software, shall properly perform Year 2000 Processing, and (y) to the Knowledge of Seller, all other versions of Intellectual Property provided by Seller shall properly perform Year 2000 Processing.


More Definitions of Year 2000 processing

Year 2000 processing means processing by the Software, which is dependent upon usage of calendar dates, including dates on or after January 1, 2000. Year 2000 Processing includes both software owned by Supplier and third party software provided by Supplier that manages and/or manipulates data involving dates, including single century formulas and multi-century formulas. Correct or proper Year 2000 Processing means that the Software will not cause an abnormally ending dating scenario within the application or result in incorrect values generated involving such dates. Except for breach of the Year 2000 Processing warranty, which is addressed in the Section entitled Year 2000 Capability, if buyer notifies Supplier of any breach of the warranty set forth in this Section during the Warranty Period (if applicable), and if Supplier, which shall act reasonably and in good faith in its inspection of all returned Goods, confirms such defect, Supplier's exclusive liability, and the exclusive remedy of Buyer shall be, at Supplier's commercially reasonable discretion, repair or replacement of the Goods at no cost to Buyer. The Buyer may reject such Goods by notifying Supplier in waiting of such rejection and requesting an RMA number; provided, that such written notification and request for an RMA number must be received by Supplier during the Warranty Period (if applicable). Within ten (10) days of receipt of the RMA number, Buyer shall return the defective Goods to Supplier, insured and with transportation prepaid, with a written description of the defect. The limited warranties set forth in this Section shall not apply if (i) the Goods have been materially altered or modified, (ii) the Goods have been subjected to negligence by Buyer, computer or electrical malfunction, or (iii) the Goods have been used, adjusted, installed, maintained, or operated other than in accordance with instructions furnished by Supplier, or with an application or in an environment other than that recommended by Supplier. EXCEPT AS EXPRESSLY PROVIDED IN THIS SECTION, SUPPLIER PROVIDES NO WARRANTY, EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, AND SPECIFICALLY DISCLAIMS ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO ALL MATERIALS AND SERVICES PROVIDED TO BUYER. SURVIVAL OF OBLIGATIONS ----------------------- The parties' obligations under this Agreement which by their nature are intended to continue beyond the termination or expiration of this Agreement (including without limitat...
Year 2000 processing shall have the same meaning as that given under the Year 2000 Information and Readiness Disclosure Act.
Year 2000 processing means processing which is dependent upon usage of calendar dates, including dates on or after January 1, 2000. Year 2000 Processing includes, in addition to software provided by Supplier, any third party software embedded in the Services that manages and/or manipulates data involving dates, including single century formulas and multi-century formulas. "Proper Processing" means the Services will not cause an abnormally ending scenario or result in incorrect values generated involving dates.
Year 2000 processing means processing by the Licensed Programs or other Components of a System, which is dependent upon usage of calendar dates, including dates on or * CONFIDENTIAL MATERIAL OMITTED - FILED SEPARATELY WITH SECURITIES AND EXCHANGE COMMISSION after January 1, 2000. Year 2000 Processing includes, in addition to software provided by CTS, any third party software embedded in the Components that manages and/or manipulates data involving dates, including single century formulas and multi-century formulas. Correct or proper Year 2000 Processing means that the Licensed Programs and Components will not cause an abnormally ending dating scenario within the application or result in incorrect values generated involving such dates.
Year 2000 processing means processing by the Company Intellectual Property that manage and/or manipulate data involving dates, including single century formulas and multi-century formulas and dates on or after January 1, 2000; and (ii) "properly perform the Year 2000 Processing" means that to the Knowledge of the Stockholders, the Company's Intellectual Property will not cause an abnormally ending dating scenario within the application or result in incorrect values generated involving such dates. The Stockholders warrant that (x) any version of Company's Intellectual Property being transferred to NetSol, other than over-the-counter "shrink wrap" software, shall properly perform Year 2000 Processing, and (y) to the Knowledge of the Stockholders and the Company, all other versions of Company's Intellectual Property provided by the Company shall properly perform Year 2000 Processing.
Year 2000 processing means the process- ing (including, without limitation, calculating, comparing, sequencing, displaying, or storing), transmitting, or receiving of date or date/time data from, into, and between the twentieth and twenty-first centuries, and during the years 1999 and 2000, and leap year calculations.” [1]

Related to Year 2000 processing

  • Year 2000 Issues means, in respect of a person or entity, 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 such person or entity.

  • 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 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 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.

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

  • secondary processing means concentration or other beneficiation of iron ore other than by crushing or screening and includes thermal electrostatic magnetic and gravity processing and agglomeration, pelletization or comparable changes in the physical character of iron ore;

  • Processing Plant means plant systems, located on or off the Leased Premises, that include a gas processing plant, natural gasoline plant, gasoline plant, or other plant where raw unprocessed natural gas is processed to remove or extract Raw Mix from the natural gas stream to produce a Pipeline- Quality Natural Gas or Residue Gas and other products, and the Raw Mix is then either (i) separated by fractionation down to its base components prior to storage and/or transport that meets or conforms to all applicable Gas Processors Association (GPA) Standards and/or Specifications for the commercial sale of each liquefiable hydrocarbon product, or (ii) transported to another plant for separation down to its base components by fractionation prior to storage and/or transport for the commercial sale of each liquefiable hydrocarbon product. Any deductions, costs, or processing fees associated with the removal or recovery of Natural Gas Liquids is strictly limited to only that part of any Processing Plant or facility where Raw Mix is recovered, and if applicable at that plant, also fractionated to their component parts.

  • Food processing plant means a commercial operation that manufactures, packages, labels or stores food for human consumption and does not provide food directly to a consumer. “Food processing plant” does not include any of the following:

  • Cannabis processing facility means a person that:

  • Data Processing shall have the same meaning as set out in the DPA.

  • Data Processing Equipment means any equipment, computer hardware, or computer software (and the lease or licensing agreements related thereto) other than Personal Computers, owned or leased by the Failed Bank at Bank Closing, which is, was, or could have been used by the Failed Bank in connection with data processing activities.

  • Generation Interconnection Feasibility Study means a study conducted by the Transmission Provider (in coordination with the affected Transmission Owner(s)) in accordance with Tariff, Part IV, section 36.2.

  • Program Costs means all necessary and incidental costs of providing program services.

  • Processing Services means those services described herein or commonly performed under the management and direction of Bank by a Card Processor or Credit Processor which are necessary to manage a Program and process transactions in accordance with Applicable Law. Such services shall include but shall not be limited to: set-up and maintenance of a Program and Cards, transaction authorization, processing, clearing and Settlement, System access, Card Services, Credit Services, Cardholder dispute resolution, collections, System compliance, regulatory compliance, security and fraud control, and activity reporting.

  • processing aid means any substance not consumed as a food ingredient by itself, intentionally used in the processing of raw materials, foods or their ingredients, to fulfil a certain technological purpose during treatment or processing and which may result in the unintentional but technically unavoidable presence of residues of the substance or its derivatives in the final product, provided that these residues do not present any health risk and do not have any technological effect on the finished product;

  • Generation Interconnection Customer means an entity that submits an Interconnection Request to interconnect a new generation facility or to increase the capacity of an existing generation facility interconnected with the Transmission System in the PJM Region. Generation Interconnection Request:

  • 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;

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

  • Model Year means the CI engine manufacturer’s annual production period, which includes January 1st of a calendar year, or if the manufacturer has no annual production period, the calendar year.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Multiple tomogram system means a computed tomography X-ray system which obtains X-ray transmission data simultaneously during a single scan to produce more than one tomogram.

  • Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;

  • Data Processing Lease means any lease or licensing agreement, binding on the Failed Bank as of Bank Closing, the subject of which is data processing equipment or computer hardware or software used in connection with data processing activities. A lease or licensing agreement for computer software used in connection with data processing activities shall constitute a Data Processing Lease regardless of whether such lease or licensing agreement also covers data processing equipment.

  • Supplier Profit means, in relation to a period, the difference between the total Charges (in nominal cash flow terms but excluding any Deductions (as defined in Call Off Schedule 1 (Definitions)) and total Costs (in nominal cash flow terms) in respect of any Call Off Agreements for the relevant period;

  • Program area means a general group of disciplines in which one or more degree programs,

  • Single tomogram system means a CT x-ray system which obtains x-ray transmission data during a scan to produce a single tomogram.