Common use of Year 2000 Program Clause in Contracts

Year 2000 Program. The Servicer has taken, all steps necessary and appropriate to prevent any problems in its computer and information systems arising from or in connection with the information processing challenges associated with the Year 2000. The Servicer's computer and other systems used in servicing the Receivables are currently capable of operating in a manner so that on or after January 1, 2000, the Servicer (i) can service the Receivables in accordance with the terms hereof and (ii) operate its business in the same manner as it is operating on the date hereof. The Servicer will provide to the Insurer and the Indenture Trustee such information and reports as the Insurer or the Indenture Trustee may request from time to time with respect to such steps as have or will be taken with respect thereto.

Year 2000 Program. The Servicer has taken, all steps necessary ----------------- and appropriate to prevent any problems in its computer and information systems arising from or in connection with the information processing challenges associated with the Year 2000. The Servicer's computer and other systems used in servicing the Receivables are currently capable of operating in a manner so that on or after January 1, 2000, the Servicer (i) can service the Receivables in accordance with the terms hereof and (ii) operate its business in the same manner as it is operating on the date hereof. The Servicer will provide to the Insurer and the Indenture Trustee such information and reports as the Insurer or the Indenture Trustee may request from time to time with respect to such steps as have or will be taken with respect thereto.