Computer Systems. The Borrower has developed and implemented a comprehensive, detailed program to address on a timely basis the "Year 2000 Problem" (that is, the risk that computer applications used by the Borrower may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999) and reasonably anticipates that it will on a timely basis successfully resolve the Year 2000 Problem for all material computer applications used by it. The Borrower believes, based upon inquiry made, that each supplier and vendor of the Borrower that is of material importance to the financial well-being of the Borrower will also successfully resolve on a timely basis the Year 2000 Problem for all of its material computer applications.
Appears in 9 contracts
Samples: Credit Agreement (Van Kampen Prime Rate Income Trust), Credit Agreement (Van Kampen Senior Floating Rate Fund), Credit Agreement (Van Kampen Prime Rate Income Trust)
