Computer Software and Databases. The Company owns or has the right to use pursuant to valid and existing licenses all of the material computer software and databases necessary for the conduct of its business as presently conducted ("Computer Software and Databases"). The Company has undertaken a program to determine that the Computer Software and Databases, and all computer hardware used by the Company and its subsidiaries, will process dates correctly prior to, during, and after the calendar year 2000, including but not limited to century recognition and calculations that accommodate same century and multi-century formulas, date values, and interface values and that reflect century changes ("Year 2000 Compliant"). The Company believes that it has taken reasonable steps to determine that its vendors, customers and other Persons with whom it does a material amount of business are Year 2000 Compliant.
Appears in 1 contract
Sources: Merger Agreement (Geon Co)
Computer Software and Databases. The Company owns or has the ------------------------------- right to use pursuant to valid and existing licenses all of the material computer software and databases necessary for the conduct of its business as presently conducted ("Computer Software and Databases"). The Company has undertaken a program to determine that the Computer Software and Databases, and all computer hardware used by the Company and its subsidiaries, will process dates correctly prior to, during, and after the calendar year 2000, including but not limited to century recognition and calculations that accommodate same century and multi-century formulas, date values, and interface values and that reflect century changes ("Year 2000 Compliant"). The Company believes that it has taken reasonable steps to determine that its vendors, customers and other Persons with whom it does a material amount of business are Year 2000 Compliant.
Appears in 1 contract
Sources: Merger Agreement (Osullivan Corp)