Common use of Year 2000 Problem Clause in Contracts

Year 2000 Problem. The Company and its Subsidiaries have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 9 contracts

Samples: Credit Agreement (United Road Services Inc), Guaranty Agreement (Iae Inc), Credit Agreement (Synagro Technologies Inc)

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Year 2000 Problem. The Company and its Subsidiaries (a) have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" Problem and (that is, b) have made appropriate inquiries as to the risk that computer applications used by effect the Company Year 2000 Problem will have on their material suppliers and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999)customers. Based on such review a review, program and programinquiries, the Company reasonably believes that the "Year 2000 Problem" Problem will not have a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Truserv Corp), Note Purchase Agreement (Truserv Corp), Credit Agreement (Truserv Corp)

Year 2000 Problem. The Company and its Subsidiaries have has reviewed the areas within their its ----------------- business and operations and the business and operations of its Subsidiaries which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and properly perform properly date-sensitive functions involving certain dates prior to to, and any date after after, December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (International Technology Corp), Credit Agreement (International Technology Corp)

Year 2000 Problem. The Company and its Subsidiaries (a) have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" Problem and (that is, b) have made appropriate inquiries as to the risk that computer applications used by effect the Company Year 2000 Problem will have on their material suppliers and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999)customers. Based on such review review, program and programinquiries, the Company reasonably believes that the "Year 2000 Problem" Problem will not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Smith a O Corp), Credit Agreement (Smith a O Corp)

Year 2000 Problem. The Company and its Subsidiaries have reviewed ----------------- the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (United Road Services Inc), Credit Agreement (United Rentals Inc)

Year 2000 Problem. The Company and its Subsidiaries have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program programs to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and programprograms, the Company reasonably believes that the "Year 2000 Problem" will not have result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Long Term Credit Agreement (Tenneco Packaging Inc), Term Credit Agreement (Tenneco Packaging Inc)

Year 2000 Problem. The Company Co-Borrowers and its their respective Subsidiaries have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, basis the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company Co-Borrowers reasonably believes believe that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Cedar Fair L P), Credit Agreement (Cedar Fair L P)

Year 2000 Problem. The Company and its Subsidiaries have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program programs to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and programprograms, the Company reasonably believes that the "Year 2000 Problem" will not have result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Term Loan Agreement (Pactiv Corp), Credit Agreement (Republic Services Inc)

Year 2000 Problem. The Company and has reviewed its Subsidiaries have reviewed the areas within their products, business and operations which could be adversely affected by, and have by the Year 2000 problem (as defined below). The Company has developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, basis the risk that computer applications developed, marketed, sold and delivered or used by the Company and its Subsidiaries may be unable to recognize and properly perform properly date-sensitive functions involving certain dates prior to during and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that 1999 (the "Year 2000 Problem" will "). The Year 2000 Problem has not have resulted in, and is not reasonably expected to result in, a Material Adverse EffectChange.

Appears in 1 contract

Samples: Underwriting Agreement (Pomeroy Select Integration Solutions Inc)

Year 2000 Problem. The Company and its Subsidiaries have reviewed ----------------- the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by -30- the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (United Rentals Inc)

Year 2000 Problem. The Company and its Subsidiaries have (a) has reviewed the areas within their its business and operations which could be adversely affected by, and have has developed or are is developing a program to address on a timely basis, the "Year 2000 Problem" Problem and (that is, b) has made appropriate inquiries as to the risk that computer applications used by effect the Company Year 2000 Problem will have on its material suppliers and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999)customers. Based on such review review, program and programinquiries, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Loews Cineplex Entertainment Corp)

Year 2000 Problem. The Company Borrowers and its their respective Subsidiaries have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company Borrowers reasonably believes believe that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (MSX International Business Services Inc)

Year 2000 Problem. The Company and its Subsidiaries have has reviewed the areas within their its business and operations which could be adversely affected by, and have has developed or are is developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Pilgrim America Prime Rate Trust)

Year 2000 Problem. The Company and its Subsidiaries have reviewed the areas within their business businesses and operations which could would be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, i.e. the risk that computer applications used by the Company and or any of its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on upon such review and programreview, the Company reasonably believes that the "Year 2000 Problem" will not have a any Material Adverse EffectEffect on the Company. The Company expects to achieve year 2000 compliance by June 30, 1999.

Appears in 1 contract

Samples: Credit Agreement (Green Mountain Power Corp)

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Year 2000 Problem. The Company and its Subsidiaries have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year Years 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Compass International Services Corp)

Year 2000 Problem. The Company and its Subsidiaries have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effectmaterial adverse effect on the business, properties, operations or condition, financial or otherwise, of the Company or any of its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Monarch Machine Tool Co)

Year 2000 Problem. The Company and its Subsidiaries have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Airnet Systems Inc)

Year 2000 Problem. The Company and its Subsidiaries have reviewed the ----------------- areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (United Road Services Inc)

Year 2000 Problem. The Company and its Subsidiaries have reviewed or are reviewing the areas within their business and operations (which are within their control) which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Allied Products Corp /De/)

Year 2000 Problem. The Company and its Subsidiaries have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Weston Roy F Inc)

Year 2000 Problem. The Company and its Subsidiaries have reviewed or are reviewing the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Heisley Michael E Et Al)

Year 2000 Problem. The Company and its Subsidiaries have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, is the risk that computer applications used by the Company and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999). Based on such review and program, the Company reasonably believes that the "Year 2000 Problem" will not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Rayovac Corp)

Year 2000 Problem. The Company Borrower and its Subsidiaries have reviewed the areas within their business and operations which could be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (that is, the risk that certain computer applications used by the Company Borrower and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 19991999 (the "YEAR 2000 PROBLEM"). Based on such review and program, the Company reasonably believes that the "The Year 2000 Problem" will Problem is not have reasonably expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

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