Common use of Year 2000 Problem Clause in Contracts

Year 2000 Problem. The Borrower has (i) reviewed the areas within the Borrower's and its Subsidiaries' businesses and operations which could be adversely affected by failure to become "Year 2000 Compliant" (i.e. that computer applications, imbedded microchips and other systems used by the Borrower or any of its Subsidiaries, will be able properly to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999), (ii) developed a reasonably detailed plan and timetable to become Year 2000 Compliant in a timely manner, and (iii) committed adequate resources to support the Year 2000 plan of the Borrower and its Subsidiaries. Based upon such review, the Borrower reasonably believes that the Borrower and its Subsidiaries will become "Year 2000 Compliant" in a timely manner except to the extent that failure to do so will not have any materially adverse effect on the business or financial condition of the Borrower or any of its Subsidiaries taken as a whole." SECTION 1.5 AMENDMENT TO SECTION 8.2

Year 2000 Problem. The Borrower has and its Subsidiaries have (i) reviewed the areas within the Borrower's and its Subsidiaries' their businesses and operations which could be adversely affected by failure to become "Year 2000 Compliant" (i.e. that computer applications, imbedded microchips and other systems used by the Borrower or any of its SubsidiariesSubsidiaries or any of its material vendors, will be able properly to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999), (ii) developed a reasonably detailed plan and timetable to become Year 2000 Compliant in a timely manner, and (iii) committed adequate resources to support the Year 2000 plan of the Borrower and its Subsidiaries. Based upon such review, the Borrower reasonably believes that the Borrower and its Subsidiaries will become "Year 2000 Compliant" in a timely manner except to the extent that failure to do so will not have any materially adverse effect on the business or financial condition of the Borrower or any of its Subsidiaries taken as a wholeSubsidiaries." SECTION 1.5 AMENDMENT TO SECTION 8.2

Year 2000 Problem. The Borrower has and its Subsidiaries ------------------ have (i) reviewed or caused third parties to review the areas within the Borrower's and its Subsidiaries' their businesses and operations which they reasonably believe could be adversely affected by failure to become "Year 2000 Compliant" (i.e. that computer applications, imbedded microchips and other systems used by the Borrower or any of its Subsidiaries, will be able properly to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999), (ii) developed a reasonably detailed plan and timetable to become Year 2000 Compliant in a timely manner, and (iii) committed adequate programming resources to support the Year 2000 plan of the Borrower and its Subsidiaries. Based upon such review, the Borrower reasonably believes that the Borrower and its Subsidiaries will become "Year 2000 Compliant" in a timely manner except to the extent that failure to do so will not have any materially adverse effect on the business or financial condition of the Borrower or any of its Subsidiaries taken as a wholeSubsidiaries." SECTION 1.5 AMENDMENT TO SECTION 8.2

Year 2000 Problem. The Borrower has Borrowers and their Restricted ----------------- Subsidiaries have (i) reviewed the areas within the Borrower's and its Subsidiaries' their businesses and operations which could be adversely affected by failure to become "Year 2000 Compliant" (i.e. that computer applications, imbedded microchips and other systems used by the Borrower Borrowers or any of its their Restricted Subsidiaries, will be able properly to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999), (ii) developed a reasonably detailed plan and timetable to become Year 2000 Compliant in a timely manner, and (iii) committed adequate resources to support the Year 2000 plan of the Borrower Borrowers and its their Restricted Subsidiaries. Based upon such review, the Borrower Borrowers reasonably believes believe that the Borrower Borrowers and its their Restricted Subsidiaries will become "Year 2000 Compliant" in a timely manner except to the extent that failure to do so will not have any materially adverse effect on the business or financial condition of the Borrower Borrowers or any of its Subsidiaries their Restricted Subsidiaries, either individually or taken as a whole." SECTION 1.5 AMENDMENT TO SECTION 8.2