Common use of Year 2000 Program Clause in Contracts

Year 2000 Program. Each Borrower will continue to assess the risk that the computer applications it uses in its business may be unable to properly perform date sensitive functions on or after December 31, 1999 and will promptly take all remedial action reasonably necessary to avoid such risk. Further, it will continue to monitor Year 2000 Problems pertaining to third parties with whom it has material contractual relationships which problems, if not properly addressed, could have a Material Adverse Effect.

Year 2000 Program. Each Borrower will continue to assess the risk -------------------------- that the computer applications it uses in its business may be unable to properly perform date sensitive functions on or after December 31, 1999 and will promptly take all remedial action reasonably necessary to avoid such risk. Further, it will continue to monitor Year 2000 Problems pertaining to third parties with whom it has material contractual relationships which problems, if not properly addressed, could have a Material Adverse Effect.