Common use of Year 2000 Problem Clause in Contracts

Year 2000 Problem. The Borrowers 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. Based on such review and program, the Year 2000 Problem will not have a material adverse effect on their business and operations.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Waste Connections Inc/De), Revolving Credit Agreement (Casella Waste Systems Inc)

Year 2000 Problem. The Borrowers 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. Based on such review review, program and programinquiries, the Borrowers reasonably believe that the "Year 2000 Problem Problem" will not have a material adverse effect on their business and operationsMaterial Adverse Effect.

Appears in 2 contracts

Sources: Credit Agreement (Thane International Inc), Credit Agreement (Thane International Inc)

Year 2000 Problem. The Borrowers Borrower 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. Based on such review Problem and program, (b) have made appropriate inquiries as to the effect the Year 2000 Problem will have on their material suppliers and customers. Based on such review, program and inquiries, the Borrower reasonably believes that the "Year 2000 Problem" will not have a material adverse effect on their business and operationsMaterial Adverse Effect.

Appears in 2 contracts

Sources: Credit Agreement (Bingham Financial Services Corp), Credit Agreement (Bingham Financial Services Corp)

Year 2000 Problem. The Borrowers have Each of the Borrower and each Subsidiary has reviewed the areas within their its 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 such Person and its Subsidiaries may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date on or after December 31, 1999), and have made related appropriate inquiry of material suppliers and vendors. Based on such review and program, such Person believes that the "Year 2000 Problem Problem" will not have a material adverse effect on their business the Borrower and operationsthe Subsidiaries taken as a whole.

Appears in 1 contract

Sources: Receivables Loan Agreement (Eagle Picher Technologies LLC)

Year 2000 Problem. The Borrowers 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. Based on such review and program, the Borrower reasonably believes that the Year 2000 Problem will not have a material adverse effect on their business and operationsMaterial Adverse Effect.

Appears in 1 contract

Sources: Credit Agreement (Aptargroup Inc)

Year 2000 Problem. The Borrowers have Borrower 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. Based on such review and program, the The Year 2000 Problem will has not have a material adverse effect on their business resulted in, and operationsis not reasonably expected to result in, any Material Adverse Change.

Appears in 1 contract

Sources: Reimbursement, Credit and Security Agreement

Year 2000 Problem. The Borrowers have Borrower has reviewed the areas within their its operations and business and operations which could be materially adversely affected by, and have has developed or are developing is making commercially reasonable efforts to develop a program to address on a timely basis, the Year 2000 ProblemProblem and has made related inquiry of material suppliers, vendors and customers (if appropriate). Based on such review and program, the Borrower represents and warrants that the Year 2000 Problem will not have a material adverse effect on their business and operations.any Materially Adverse Effect. As used herein, the term "

Appears in 1 contract

Sources: Revolving Credit Agreement (Edison Schools Inc)

Year 2000 Problem. The Borrowers Borrower and its Subsidiaries (a) have reviewed the areas within their business and operations which could be adversely affected by, and have developed or and are developing implementing a program (the "Year 2000 Program") to address on a timely basis, the Year 2000 ProblemProblem and (b) have made appropriate inquiries as to the effect the Year 2000 Problem will have on their material suppliers and customers. Based on such review review, program and programinquiries, the Borrower reasonably believes that the Year 2000 Problem will not have a material adverse effect on their business and operationsMaterial Adverse Effect.

Appears in 1 contract

Sources: Credit Agreement (Vectren Corp)

Year 2000 Problem. The Borrowers and their Subsidiaries have reviewed the areas within their business businesses and operations which could reasonably be expected to be adversely affected by, and have developed or are developing a program to address on a timely basis, the "Year 2000 Problem" (i.e. the risk that computer applications used by any of the Borrowers or their 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 "Year 2000 Problem Problem" has not, and the Borrowers reasonably believe that the "Year 2000 Problem" will not have a material any materially adverse effect on the business or financial condition of the Borrowers and their business and operationsSubsidiaries taken as a whole.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Dave & Busters Inc)

Year 2000 Problem. The Borrowers have Borrower 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, and has made related appropriate inquiry of its material suppliers and vendors. Based on such review and program, the Borrower believes that the Year 2000 Problem will not have a material adverse effect Material Adverse Effect on their business and operationsthe Borrower."

Appears in 1 contract

Sources: Credit Agreement (Simpson Industries Inc)

Year 2000 Problem. The Borrowers Borrower and its Subsidiaries have reviewed the areas within their operations and 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. Based Problem and have made related appropriate inquiry of material suppliers and vendors, and based on such review and program, the Year 2000 Problem will not have a material adverse effect on their Material Adverse Effect upon its financial condition, operations or business and operationsas now conducted.

Appears in 1 contract

Sources: Loan and Security Agreement (Tegal Corp /De/)