Year 2000 Readiness means that the referenced component, system, software, equipment or other item is designed or has been modified to be used prior to, during and after the calendar year 2000 A.D., and that such item 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-related issues or calculations, including date data which represents or references different centuries or more than one century or leap year.
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 Readiness means that the Computer Systems are designed to be used prior to, during and after the calendar year 2000 A.D., and that such item can successfully manipulate, interpret, accept, generate or otherwise process date-dependent or date-related data without generating incorrect or abnormal results, or experiencing a loss or disruption of functionality due to an inability to correctly handle dates in, or relating to, the 21st century, including, without limitation, correctly calculating leap years.
Examples of Year 2000 Readiness in a sentence
After the Closing Date through June 30, 2000, Intercable will use commercially reasonable efforts to provide Buyer with any non-confidential information possessed by Intercable and reasonably requested by Buyer regarding the Year 2000 Readiness of any material component of the Computer and Other Systems.
The Borrower will deliver to the Operations Agent at the date of the delivery of this Agreement in accordance with Section 6.01 its current Year 2000 Readiness Disclosure issued pursuant to the Year 2000 Information and Readiness Disclosure Act of 1998 (Xxx.Xxx 105-271), and, thereafter, until the -28- Expiration Date, will deliver promptly to the Operations Agent each materially revised copy of such statement.
YEAR 2000 PROBLEM See discussion above under Year 2000 Readiness Disclosure.
The Company will allow Parent, Sub and their representatives to continuously monitor the efforts of the Company toward achieving Year 2000 Readiness, including making available to Parent and Sub and their representatives copies of all internal or external reports, memoranda or other materials regarding its Year 2000 Remediation Program and all inventory, testing and other implementation activities and results.
The foregoing year 2000 discussion constitutes a Year 2000 Readiness Disclosure within the meaning of the Year 2000 Readiness and Disclosure Act of 1998.
More Definitions of Year 2000 Readiness
Year 2000 Readiness means that Product functionality is not adversely affected by processing of dates prior to, during and after the Year 2000, but only if all other products (e.g. hardware, firmware and other software, whether or not provided by or obtained from Seagate Software) used with the particular Product properly exchange accurate date data with it; and only if the particular Product is correctly configured and used within its intended operating environment. The Products hereunder have been tested by Seagate Software for Year 2000 Readiness on a stand-alone basis and only within their intended operating environment. Distributor's exclusive remedy and Seagate Software's entire liability with respect to this Year 2000 warranty will be that Seagate Software shall use commercially reasonable efforts to correct the Products. Seagate Software will assume Distributor's liabilities to end users of the Products which result from breach of this warranty, up to the maximum liability contained in this Section 7.5.
Year 2000 Readiness ensure that the Y2K Program is implemented and completed in time in relation to material assets, processes and technologies used in the Project;
Year 2000 Readiness means the capability to perform all date dependent and date related functions and to record, store, process and present date information and date dependent information for calendar dates on or after January 1, 2000.
Year 2000 Readiness means that the products will operate with dates in multiple centuries in the same way as the products operate as with dates in single centuries, including, but not limited to, century recognition of dates and calculations that correctly compute same century and multi-century formulas and date values. In a commercially reasonable time frame, the Sub-Transfer Agent will make any necessary changes to its computer systems for such systems to be Year 2000 Ready and will take all commercially reasonable steps to require its third party providers to do likewise. If any such changes are required to the Sub-Transfer Agent's computer systems due to Year 2000 Readiness issues, such changes being solely with respect to the Sub-Transfer Agent's computer systems, the Transfer Agent will not be required to pay any fee or out-of-pocket expenses to the Sub-Transfer Agent with respect to such changes. Subject to the foregoing, if other changes are required to the Sub-Transfer Agent's computer systems or its third party providers' computer systems due to Year 2000 Readiness issues, and the Sub-Transfer Agent incurs any costs related to such changes, the resultant fee to be charged to the Transfer Agent will be in an amount to be agreed upon by the parties hereto; PROVIDED, HOWEVER, to the extent that such changes are not unique to the Transfer Agent or any Fund, the fee to be charged to the Transfer Agent will be based upon the Transfer Agent's pro-rata share of such costs across the Sub-Transfer Agent's entire client base."
Year 2000 Readiness means that the products will operate with dates in multiple centuries in the same way as the products operate as with dates in single centuries, including, but not limited to, century recognition of dates and calculations that correctly compute same century and multi-century formulas and date values. In a commercially reasonable time frame, the Transfer Agent will make any necessary changes to its proprietary computer systems for such systems to be Year 2000 Ready and will take all commercially reasonable steps to require its third party providers to do likewise. If any such changes are required to the Transfer Agent's computer systems due to Year 2000 Readiness issues, such changes being solely with respect to the Transfer Agent's computer systems, the Fund will not be required to pay any fee or out-of-pocket expenses to the Transfer Agent with respect to such changes. Subject to the foregoing, if other changes are required to the Transfer Agent's computer systems or its third party providers' computer systems due to Year 2000 Readiness issues, and the Transfer Agent incurs any costs related to such changes, the resultant fee to be charged to the Fund, if appropriate, will be reasonable and in an amount to be mutually agreed upon by the parties hereto; PROVIDED, HOWEVER, to the extent that such changes are not unique to the Fund, the fee that may be charged to the Fund will be based upon the Fund's pro-rata share of such costs across the Transfer Agent's entire client base.
Year 2000 Readiness shall have the meaning given such term in Section 3.16.
Year 2000 Readiness means the ability of a Computer System to provide the following functions, without human intervention, individually and in combination with other products or systems: (i) consistently handle, record, store, process and present dates and date-related information before, during and after January1, 2000, including but not limited to accepting date input, performing calculations on dates or portion of dates, and providing date output; (ii) function accurately in accordance with the published specifications and without undue interruption, before, during, and after January 1, 2000 (including leap year computations) without any adverse change in operation associated with the advent of the year 2000; (iii) respond to two-digit or four-digit dates and date-related input in a way that resolves any ambiguity as to the year 2000 in a disclosed, defined and predetermined manner, and store and provide output of dates and date-related information in ways that are unambiguous as to the year 2000; and (iv) suitably interact with other software and related hardware in a way which does not compromise its year 2000 readiness capability.