Year 2000 Assessment. The Company shall take all actions necessary and commit adequate resources to assure that its computer-based and other systems (and those of all Subsidiaries) are able to effectively process dates, including dates before, on and after January 1, 2000, without experiencing any Year 2000 Problem that could cause a material adverse effect on the business or financial affairs of the Company (or of the Company and its Subsidiaries taken on a consolidated basis). At the request of the Banks, the Company will provide the Banks with written assurances and substantiations (including, but not limited to, the results of internal or external audit reports prepared in the ordinary course of business) reasonably acceptable to the Banks as to the capability of the Company and its Subsidiaries to conduct its and their businesses and operations before, on and after January 1, 2000, without experiencing a Year 2000 Problem causing a material adverse effect on the business or financial affairs of the Company (or of the Company and its Subsidiaries taken on a consolidated basis)."
Year 2000 Assessment. Each Borrower shall take all actions necessary and commit adequate resources to assure that its computer-based and other systems (and those of all of its subsidiaries) are able to effectively process dates, including dates before, on and after January 1, 2000, without experiencing any Year 2000 Problem that could cause a material adverse effect on the business or financial affairs of such Borrower (or of such Borrower and its subsidiaries taken on a consolidated basis). At the request of the Agent, such Borrower will provide the Agent with written assurances and substantiations (including, but not limited to, the result of reports filed with the SEC prepared in the ordinary course of business) reasonably acceptable to the Agent as to the capability of such Borrower and its subsidiaries to conduct its and their businesses and operations before, on and after January 1, 2000, without experiencing a Year 2000 Problem causing a material adverse effect on the business or financial affairs of such Borrower (or of such Borrower and its subsidiaries taken on a consolidated basis).
Year 2000 Assessment. The Company shall complete on a timely basis the review and assessment of its business and operations referred to in Section 9.16 hereof and use reasonable efforts to assure that its computer-based and other systems (and those of all Subsidiaries) are able to effectively process dates, including dates before, on and after January 1, 2000, without experiencing any Year 2000 Problem that could reasonably be expected to cause a Material Adverse Effect. At the request of the Administrative Agent, the Company will provide the Administrative Agent with such written reports and information (including, but not limited to, the results of internal or external audit reports prepared in the ordinary course of business) reasonably acceptable to the Administrative Agent as to the capability of the Company and its Subsidiaries to conduct its and their businesses and operations before, on and after January 1, 2000, without experiencing a Year 2000 Problem causing a Material Adverse Effect.
Year 2000 Assessment. If requested by the Bank, information satisfactory to the Bank regarding the Borrower's plan for addressing Year 2000 issues. "Year 2000 Issues" means 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 the Borrower and of the Borrower's material customers, suppliers and vendors.
Year 2000 Assessment. The Parent shall take all actions necessary and commit adequate resources to assure that its computer-based and other systems (and those of all Subsidiaries) are able to effectively process dates, including dates before, on and after January 1, 2000, without experiencing any Year 2000 Problem that could cause a material adverse effect on the business or financial affairs of the Parent and its Subsidiaries taken on a consolidated basis. At the request of the Administrative Agent, the Parent and the Company will provide the Administrative Agent with written assurances and substantiations (including, but not limited to, the results of internal or external audit reports prepared in the ordinary course of business) reasonably acceptable to the Administrative Agent as to the capability of the Parent and its Subsidiaries to conduct its and their businesses and operations before, on and after January 1, 2000, without experiencing a Year 2000 Problem causing a Material Adverse Effect.
Year 2000 Assessment. The information contained in this Section 8.18 is a YEAR 2000 READINESS DISCLOSURE. The Company will take all actions it deems necessary and commit resources it deems adequate to assure that its electronic information and communication systems (and those of all Subsidiaries) are able to effectively process dates, including dates before, on and after January 1, 2000 without experiencing any Year 2000 Problem that could reasonably be expected to cause a Material Adverse Effect. At the request of the Administrative Agent, the Company will provide the Lenders with written assurances and substantiations (including, but not limited to, the results of internal or external audit reports otherwise prepared in the ordinary course of business) reasonably acceptable to the Administrative Agent as to the capability of the Company and its Subsidiaries to conduct its and their businesses and operations before, on and after January 1, 2000, without experiencing a Year 2000 Problem causing a Material Adverse Effect. Without request, the Company will provide the Administrative Agent and the Lenders a status report of its current Year 2000 Problems and a summary of its implementation plan and timeline therefor no later than June 30, 1999. The Company will promptly notify the Administrative Agent and the Lenders in the event the Company discovers or determines that any other Year 2000 Problem exists with respect to any computer application (including those of its suppliers and vendors) that could reasonably be expected to have a Material Adverse Effect.
Year 2000 Assessment. Each of the Parent and the Company shall take all actions necessary and commit adequate resources to assure that its computer based and other systems (and those of all Subsidiaries) are able to effectively process dates, including dates 72 before, on and after January 1, 2000, without experiencing any Year 2000 Problem that could cause a material adverse effect on the business or financial affairs of the Parent or the Company (or of the Parent and the Subsidiaries taken on a consolidated basis). At the request of the Administrative Agent, each of the Parent and the Company will provide the Administrative Agent with written assurances and substantiations (including, but not limited to, the results of internal or external audit reports prepared in the ordinary course of business) reasonably acceptable to the Administrative Agent as to the capability of the Parent, the Company and the Subsidiaries to conduct its and their businesses and operations before, on and after January 1, 2000, without experiencing a Year 2000 Problem causing a material adverse effect on the business or financial affairs of the Parent or the Company (or of the Parent, the Company and the Subsidiaries taken on a consolidated basis).
Year 2000 Assessment. The Borrower shall take all actions necessary and commit adequate resources to assure that its computer-based and other systems (and those of all Subsidiaries) are able to effectively process dates, including dates before, on and after January 1, 2000, without experiencing any Year 2000 Problem that could cause a Material Adverse Effect on the business or financial affairs of the Borrower and its Subsidiaries taken on a consolidated basis. At the request of the Administrative Agent, the
Year 2000 Assessment. The Company shall and shall cause its Subsidiaries that are GAAP Subsidiaries to take all actions reasonably necessary and commit reasonably adequate resources to assure that its computer-based and other systems are able to effectively process dates, including dates before, on and after January 1, 2000, without experiencing any Year 2000 Problem that is likely to cause a Material Adverse Effect.
Year 2000 Assessment. The Public Hub Company will take reasonable action to remedy any failure by its computer-based and other systems to effectively process dates, including dates before, on and after January 1, 2000, without experiencing any Year 2000 Problem to the extent such failure is within the Public Hub Company's power to remedy and the failure to remedy such failure would reasonably be expected to have a Material Adverse Effect on the Public Hub Company and its Subsidiaries taken as a whole. At the request of the Required Holders, the Public Hub Company will provide the Required Holders with such information as the Required Holders may reasonably request as to the capability of the Public Hub Company and its Subsidiaries to conduct its business and operations before, on and after January 1, 2000, without experiencing a Year 2000 Problem causing a Material Adverse Effect on the Public Hub Company and its Subsidiaries taken as a whole.
