Date Recognition Clause Samples
The Date Recognition clause defines how dates are to be interpreted and formatted within the agreement. It typically specifies the standard date format to be used (such as day/month/year or month/day/year) and may clarify how ambiguous dates should be resolved. This ensures that all parties have a consistent understanding of deadlines, effective dates, and other time-sensitive obligations, thereby preventing confusion or disputes arising from differing date conventions.
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Date Recognition. In case a date recognition exclusion clause AVN 2000A or equivalent clause acceptable to insurers is contained or introduced into insurance coverage of LESSEE with respect to the Aircraft or otherwise, LESSEE must fulfill all requirements to enable insurers to write back the insurance cover in accordance with the date recognition limited coverage clause AVN 2001A (with respect to Hull and Aircraft Liability coverage) and AVN 2002A (with respect to non-Aircraft liability) or any equivalent clause with the same effect.
Date Recognition. Notwithstanding anything contained to the contrary herein, this Policy does not provide an indemnity against any Claim arising from or in respect to the use in any way:
(1) by the Trust and/or the Employer; or
(2) by any supplier, past, present or future, of services or products to the Trust and/or the Employer, of any computer program, software products, computer data processing equipment or media, microchip, programmed logic controllers, integrated circuit or any electronic equipment which fails to:
(a) correctly recognise any date as its true calendar date; or
(b) capture, save or retain and/or correctly manipulate, interpret, or process any data, information, command or instruction as a result of treating any date otherwise than as its true calendar date; or
(c) capture, save, retain or correctly process any data as a result of the operation of any command which has been programmed into any computer software being a command which causes a loss of data or the inability to capture, save, retain or correctly process such data on or after any date; or
(d) otherwise fails to correctly or effectively provide for the change of date when the Year 1999 concludes and the Year 2000 commences. Further, this Policy does not provide an indemnity against any Claim arising from or in respect to any duty owed by the Trustees in respect of any issue related to Year 2000 conformity as defined in the Standards Australia/Standards New Zealand SAA/SNZ MP 77 document.
Date Recognition. The Company shall not indemnify the Insured under Section 5 against Damage to Computer Equipment and/or accidental loss distortion corruption or erasure of Programs and/or Data and/or any interruption to or interference with the Business as insured under Increase In Cost of Working:
(i) caused directly or indirectly by or consisting of:
(ii) or other additional expenditure arising directly or indirectly from: the failure of any computer or other equipment or system for processing storing or retrieving data whether the property of the Insured or not and whether occurring before during or after the year 2000:
Date Recognition. The Supplier shall indemnify the Company against every liability which the Company may incur to any other person whatsoever and against all claims, proceedings, damages, costs and expenses made against or incurred by the Company by reason of the performance and functionality of all or any part of the Product(s) supplied by the Supplier not being capable of processing with accuracy and without interruption information containing dates or periods of time and shall be able to resolve any confusion and/or ambiguity as to century or leap Years. Any claim under this indemnity shall, at the Company’s option also constitute and be treated as a breach by the Supplier of the terms of the Contract.
Date Recognition. It is noted and agreed this policy is hereby amended as follows:-
A. The Company will not pay for any loss or damage including loss of use with or without physical damage or any consequential loss directly or indirectly caused by, consisting of, or arising from, the failure or inability of any computer, data processing equipment, media microchip, operating systems, microprocessors (computer chip), integrated circuit or similar device, or any computer software, whether the property of the Insured or not, and whether occurring before, during or after the year 2000 that results from the failure or inability of such device and/or software as listed above to :
1. correctly recognize any date as its true calendar date;
2. capture, save, or retain, and/or correctly manipulate, interpret or process any data or information or command or instruction as a result of treating any date other than as its true calendar date; and/or
3. capture, save, retain or correctly process any data as a result of the operation of any command which has been programmed into any computer software, being a command which causes the loss of data or the inability to capture, save, retain or correctly process such data on or after any date.
B. It is further understood that the Company will not pay for the repair or modification of any part of any electronic data processing system or any part of any device and/or software as listed above in A.
C. It is further understood that the Company will not pay for any loss or damage including loss of use with or without physical damage or any consequential loss directly or indirectly arising from any advice, consultation, design, evaluation, inspection, installation, maintenance, repair or supervision done by the Insured or for the Insured or by or for others to determine, rectify or test, any potential or actual failure, malfunction or inadequacy described in A. above.
D. It is further understood that the Company will not pay for any consequential loss resulting from any continuing inability of the computer and equipment described in A above to correctly recognize any date as its true calendar date after the lost or damaged property has been replaced or repaired. Such loss or damage or any consequential loss referred to in A, B, C or D above, is excluded regardless of any other cause that contributed concurrently or in any other sequence to the same. This endorsement shall not exclude subsequent loss or damage or consequential loss which itself results...