Year 2000 Covenants. Borrower shall take all action necessary to assure that there will be no material adverse change to Borrower's business by reason of the advent of the year 2000, including without limitation that all computer-based systems, embedded microchips and other processing capabilities effectively recognize and process dates after April 1, 1999. At FINOVA's request, Borrower shall provide to FINOVA assurance reasonably acceptable to FINOVA that Borrower's computer-based systems, embedded microchips and other processing capabilities are year 2000 compatible.
Year 2000 Covenants. If not previously implemented as delivered to Lender, on or prior to June 30, 1999, each Corporate Credit Party shall implement Year 2000 Corrective Actions. On or before September 30, 1999, each Corporate Credit Party shall complete Year 2000 Corrective Actions and Year 2000 Implementation Testing. On or before September 30, 1999, each Corporate Credit Party shall eliminate all Year 2000 Problems, except where the failure to correct the same could not reasonably be expected to have a Material Adverse Effect, individually or in the aggregate.
Year 2000 Covenants. No later than the Closing Date, the Borrower and its Subsidiaries shall review the areas within their business and operations which could be adversely affected by, and shall have developed or be developing a program to address on a timely basis, the Year 2000 Problem, and shall have made or be making related appropriate inquiry of material suppliers and vendors. From time to time, at the request of the Administrative Agent, the Borrower and its Subsidiaries shall provide to the Administrative Agent such updated information or documentation as is requested regarding the status of their efforts to address the Year 2000 Problem.
Year 2000 Covenants. Each Corporate Credit Party has eliminated all ------------------- Year 2000 Problems, except where the failure to correct the same could not reasonably be expected to have a Material Adverse Effect, individually or in the aggregate.
Year 2000 Covenants. (a) Take all necessary action to (i) comply with the provisions of Section 6.24 hereof and (ii) test all of its systems and equipment supplied by others or with which any Borrower's systems interface to verify the absence of a Year 2000 Problem, and (b) from time to time, at the request of the Administrative Agent, provide to the Administrative Agent such updated information or documentation as is requested regarding the status of their efforts to address the Year 2000 Problem.
Year 2000 Covenants. (a) Furnish such additional information, statements and other reports with respect to Borrower's activities, course of action and progress towards becoming Year 2000 Compliant as Agent may request from time to time.
Year 2000 Covenants. 13 3.23 Solvency.................................................................... 13 3.24 Common Enterprise; Benefit Received......................................... 13 3.25
Year 2000 Covenants. If not previously delivered to Lender, on or prior to January 31, 1999, Borrower shall complete and deliver to Lender a Year 2000 Assessment, and, if not previously delivered to Lender, on or prior to March 31, 1999, Borrower shall complete and deliver to Lender a Year 2000 Corrective Plan. If not previously implemented as delivered to Lender, on or prior to May 31, 1999, Borrower shall implement Year 2000 Corrective Actions. On or before July 31, 1999, Borrower shall complete Year 2000 Corrective Actions and Year 2000 Implementation Testing. On or before September 30, 1999, Borrower shall eliminate all Year 2000 Problems, except where the
Year 2000 Covenants. 59 8.13 Interest Rate Protection Arrangements..........................................................60 SECTION 9.........NEGATIVE COVENANTS 60 9.1 Financial Condition Covenants..................................................................60 9.2
Year 2000 Covenants. (a) Take all necessary action to (i) comply with the provisions of Section 6.24 hereof and (ii) test all of its systems and equipment supplied by others or with which the Borrower's systems interface on or prior to June 30, 1999 to verify -58- 64 the absence of a Year 2000 Problem, and (b) from time to time, at the request of the Administrative Agent, provide to the Administrative Agent such updated information or documentation as is requested regarding the status of their efforts to address the Year 2000 Problem.
