Common use of Year 2000 Reprogramming Clause in Contracts

Year 2000 Reprogramming. Any reprogramming required to permit the proper functioning, in and following the Year 2000, of the Borrower's or any of its Subsidiaries' (i) computer systems and (ii) equipment containing embedded microchips (including systems and equipment supplied by others or with which the Borrower's systems interface) and the testing of all such systems and equipment, as so reprogrammed, has been completed by June 30, 1999, except that certain non-mission critical issues and testing has not been completed but will be completed by September 30, 1999. The costs to the Borrower of such reprogramming and testing and of the reasonably foreseeable consequences of Year 2000 (including, without limitation, reprogramming errors and the failure of others' systems or equipment) could not reasonably be expected to have a material adverse effect on the performance, business, assets, nature of assets, liabilities, operations, properties, condition (financial or otherwise) or prospects of the Borrower and its Subsidiaries taken as a whole. Except for such of the reprogramming referred to in the preceding sentence as may be necessary, the computer and management information systems of the Borrower and its Subsidiaries are, and with ordinary course upgrading and maintenance will continue to be for the term of this Agreement, sufficient to permit the Borrower and its Subsidiaries to conduct their business without such conduct resulting in a material adverse effect on the performance, business, assets, nature of assets, liabilities, operations, properties, condition (financial or otherwise) or prospects of the Borrower and its Subsidiaries taken as a whole.

Year 2000 Reprogramming. Any reprogramming required to permit the proper functioning, in and following the Year year 2000, of the Borrower's or any of its Subsidiaries' ', or, to the knowledge of the Borrower, NRTC's or DirecTV's (i) computer systems and (ii) equipment containing embedded microchips (including systems and equipment supplied by others or with which the Borrower's, NRTC's or DirecTV's systems interface) and the testing of all such systems and equipment, as so reprogrammed, has been completed by June 30, 1999, except that certain non-mission critical issues and testing has not been completed but will shall be completed by September 30April 1, 1999. The costs to the Borrower of such reprogramming and testing and of the reasonably foreseeable consequences of Year year 2000 (including, without limitation, reprogramming errors and the failure of others' systems or equipment) could not reasonably be expected to have a material adverse effect on the performance, business, assets, nature of assets, liabilities, operations, properties, condition (financial or otherwise) or prospects of the Borrower and its Subsidiaries taken as a whole. Except for such of the reprogramming referred to in the preceding sentence as may be necessary, the computer and management information systems of the Borrower and its Subsidiaries are, and to the knowledge of the Borrower, the computer and management information systems of NRTC and DirecTV are, and with ordinary course upgrading and maintenance will continue to be for the term of this Agreement, sufficient to permit the Borrower and its Subsidiaries to conduct their its business without such conduct resulting in a material adverse effect on the performance, business, assets, nature of assets, liabilities, operations, properties, condition (financial or otherwise) or prospects of the Borrower and its Subsidiaries taken as a whole.