Common use of Year 2000 Compatibility Clause in Contracts

Year 2000 Compatibility. Take all action necessary to assure that from and after January 1, 2000 the computer-based systems of the Borrower are able to operate and effectively process data that includes dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent assurance acceptable to the Administrative Agent of the timely year 2000 compatibility of the Borrower.

Appears in 2 contracts

Sources: Senior Unsecured Credit Agreement (Lasalle Hotel Properties), Senior Unsecured Credit Agreement (Lasalle Hotel Properties)

Year 2000 Compatibility. Take all action actions reasonably necessary to assure that from and after January 1, 2000 the computer-Borrower's computer based systems of the Borrower are able to operate and effectively process data that which includes dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent assurance acceptable reasonable assurances satisfactory to the Administrative Agent of the timely year Borrower's Year 2000 compatibility of the Borrowercompatibility.

Appears in 2 contracts

Sources: Credit Agreement (Mindspring Enterprises Inc), Credit Agreement (Rare Hospitality International Inc)

Year 2000 Compatibility. Take all action actions reasonably necessary to assure that from Borrowers and after January 1, 2000 the computer-their Subsidiaries' computer based systems of the Borrower are able to operate and effectively process data that which includes dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower Borrowers and their Subsidiaries shall provide to the Administrative Agent assurance acceptable reasonable assurances satisfactory to the Administrative Agent of the timely year Borrowers and their Subsidiaries' Year 2000 compatibility of the Borrowercompatibility.

Appears in 1 contract

Sources: Credit Agreement (Condor Technology Solutions Inc)

Year 2000 Compatibility. Take The Borrower shall take all action actions reasonably necessary and in its control to assure that from and after January 1, 2000 the computer-Borrower's computer based systems of the Borrower are able to operate and effectively process data that which includes dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent assurance acceptable reasonable assurances satisfactory to the Administrative Agent of the timely year Borrower's Year 2000 compatibility of the Borrowercompatibility.

Appears in 1 contract

Sources: Credit Agreement (Marshall Industries)

Year 2000 Compatibility. Take all action actions necessary to assure that from and after January 1, 2000 the computer-Borrower's computer- based systems of the Borrower are able to operate and effectively process data that which includes dates on and or after January 1, 2000. At the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent assurance acceptable satisfactory to the Administrative Agent of the timely year Borrower's Year 2000 compatibility of the Borrowercompatibility.

Appears in 1 contract

Sources: Credit Agreement (Checkpoint Systems Inc)

Year 2000 Compatibility. Take Prior to June 30, 1999, take all action actions reasonably necessary to assure that from and after January 1, 2000 the computer-Borrower's computer based systems of the Borrower are able to operate and effectively process data that which includes dates prior to, on and after January 1, 2000. At the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent assurance acceptable reasonable assurances satisfactory to the Administrative Agent of the timely year Borrower's Year 2000 compatibility of the Borrowercompatibility.

Appears in 1 contract

Sources: Credit Agreement (Healthplan Services Corp)

Year 2000 Compatibility. Take all action actions reasonably necessary to assure that from and after January 1, 2000 the computer-Borrower's computer based systems of the Borrower are able to operate and effectively process data that which includes dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent assurance acceptable reasonable assurances satisfactory to the Administrative Agent of the timely year Borrower's Year 2000 compatibility of the Borrowercompatibility."

Appears in 1 contract

Sources: Credit Agreement (Corrections Corporation of America)

Year 2000 Compatibility. Take all action reasonably necessary to assure ensure that from and after January 1, 2000 the computer-based systems of the Borrower and its Subsidiaries are able to operate and process effectively process data that includes dates on and after January 1, 2000. At the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent assurance acceptable reasonable assurances satisfactory to the Administrative Agent of the timely year Borrower's Year 2000 compatibility of the Borrowercompatibility.

Appears in 1 contract

Sources: Credit Agreement (Suburban Propane Partners Lp)