Common use of Year 2000 Compatibility Clause in Contracts

Year 2000 Compatibility. The Servicer shall take all action necessary ----------------------- to assure that, prior to January 1, 2000, the Servicer's computer system is able to operate and effectively process data including dates on and after January 1, 2000. At the request of the Deal Agent, the Servicer shall provide assurance acceptable to the Deal Agent of the Servicer's Year 2000 compatibility.

Appears in 2 contracts

Samples: Loan Purchase and Servicing Agreement (First International Bancorp Inc), Loan Funding and Servicing Agreement (Healthcare Financial Partners Inc)

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Year 2000 Compatibility. The Servicer shall take all action necessary ----------------------- to assure that, prior to January 1, 2000, the Servicer's computer system is able to operate and effectively process data including dates on and after January 1, 2000. At the request of the Deal Agent, the Servicer shall provide assurance acceptable to the Deal Agent of the Servicer's Year 2000 compatibility.

Appears in 2 contracts

Samples: Loan and Security Agreement (First Investors Financial Services Group Inc), Purchase and Servicing Agreement (First International Bancorp Inc)

Year 2000 Compatibility. The Servicer shall take all action necessary ----------------------- to assure that, prior to January 1, 2000, the Servicer's computer system Contract Management System is able to operate and effectively process data including dates on and after January 1, 2000. At the request of the Deal AgentAgent or the Backup Servicer, the Servicer shall provide assurance reasonably acceptable to the Deal Agent or the Backup Servicer of the Servicer's Year 2000 compatibilityCompatibility. The Servicer shall provide to the Deal Agent and Backup Servicer, on or before June 30, 1999, an officer's certificate certifying that its Contract Management System is year 2000 compatible.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Business Financial Services Inc /De/)

Year 2000 Compatibility. The Servicer shall take all action necessary ----------------------- to assure that, prior to January 1, 2000, the Servicer's computer system is able to operate and effectively process data including dates on and after January 1, 2000. At the request of the Deal AgentAdministrator or the Backup Servicer, the Servicer shall provide assurance acceptable to the Deal Agent Administrator or the Backup Servicer of the Servicer's Year year 2000 compatibility.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fidelity Leasing Inc)

Year 2000 Compatibility. The Servicer shall take all action necessary ----------------------- to assure that, prior to January 1, 2000, the Servicer's computer system is able to operate and effectively process data including dates on and after January 1, 2000. At the request of the Borrower or the Deal Agent, the Servicer shall provide assurance acceptable to the Borrower and the Deal Agent and the Backup Servicer of the Servicer's Year 2000 compatibility.

Appears in 1 contract

Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD)

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Year 2000 Compatibility. The Servicer shall take all action necessary ----------------------- to assure that, prior to January 1, 2000, the Servicer's computer system is able to operate and effectively process data including dates on and after January 1, 2000. At the request of the Deal Agent, the Servicer shall provide assurance acceptable to the Deal Agent of the Servicer's Year year 2000 compatibility.

Appears in 1 contract

Samples: Note Purchase Agreement (Willis Lease Finance Corp)

Year 2000 Compatibility. The Servicer shall take all action necessary ----------------------- to assure that, prior to January 1, 2000, the Servicer's computer system is able to operate and effectively process data including dates on and after January 1, 2000. At the request of the Deal AgentAgent or the Backup Servicer, the Servicer shall provide assurance acceptable to the Deal Agent or the Backup Servicer of the Servicer's Year 2000 compatibilityCompatibility.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fidelity Leasing Inc)

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