Common use of Year 2000 Clause in Contracts

Year 2000. The 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 risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (Mariner Post Acute Network Inc), Credit Agreement (Mariner Post Acute Network Inc), Credit Agreement (Mariner Post Acute Network Inc)

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Year 2000. The 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 risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any have a Material Adverse ChangeEffect on Borrower.

Appears in 2 contracts

Samples: Security Agreement (Dreamlife Inc), Security Agreement (Centurion Wireless Technologies Inc)

Year 2000. The Borrower Borrowers and its their respective 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 risk that certain computer applications used by the Borrower Borrowers or its their respective Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any have a Material Adverse ChangeEffect on Borrowers.

Appears in 2 contracts

Samples: Credit and Security Agreement (Vista Information Solutions Inc), Security Agreement (Rheometric Scientific Inc)

Year 2000. The Borrower and its Subsidiaries have 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 risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any Material Adverse ChangeEffect. All of the foregoing representations and warranties shall survive the execution and delivery of the Notes and the making by the Lenders of the Loans hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Creditrust Corp), Credit Agreement (Creditrust Corp)

Year 2000. The 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 risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Mariner Post Acute Network Inc), Credit Agreement (Mariner Post Acute Network Inc)

Year 2000. The Each Borrower and its respective Subsidiaries have --------- reviewed --------- the areas within their business respective businesses 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" (that is, the risk that certain computer applications used by the such Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and properly perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999 (the "Year 2000 Problem"1999). The Based on such review and program, the Year 2000 Problem will could not result in any reasonably be expected to have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Ambac Financial Group Inc)

Year 2000. The Such 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 address, on a timely basis, the risk that certain computer applications used by the such Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The To the BLU-69367_7/ZRM1343/PNC008-129635 012000/11:12 48 best of such Borrower's knowledge, the Year 2000 Problem will not result in any Material Adverse ChangeChange to such Borrower.

Appears in 1 contract

Samples: Security Agreement (HMG Worldwide Corp)

Year 2000. The Borrower and its Subsidiaries Borrowers have reviewed --------- the areas within their business and operations operation which could be adversely affected by, and have developed or are developing a program to address on a timely basisaddress, not later than March 1, 1999, the risk that certain computer applications used by the Borrower or its Subsidiaries Borrowers (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Security Agreement (Pc Service Source Inc)

Year 2000. The Borrower and its Subsidiaries Borrowers have reviewed --------- the areas within their business respective businesses 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 certain computer applications and embedded microchips in non-computing devices used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) Borrowers may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999 (1999). Based on such review and program, the Borrowers reasonably believe that the "Year 2000 Problem"). The Year 2000 Problem " will not result in any have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Metal Management Inc)

Year 2000. The Borrower and its Subsidiaries have 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 risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Education Management Corporation)

Year 2000. The Borrower Borrowers and its their respective 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 risk that certain computer applications used by the Borrower Borrowers or its their respective Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any have a Material Adverse ChangeEffect on Borrowers.

Appears in 1 contract

Samples: Security Agreement (Robotic Vision Systems Inc)

Year 2000. The Borrower Borrowers and its their Subsidiaries have reviewed --------- the areas within their business and operations which could be materially and adversely affected by, and have developed or are developing a program to address on a timely basis, the risk that certain computer applications used by the Borrower Borrowers or its their Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any have Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Hirsch International Corp)

Year 2000. The Borrower and its Subsidiaries have 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, basis the risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year YEAR 2000 ProblemPROBLEM"). The Year 2000 Problem will not result in any Material Adverse Changehave, or is not reasonably expected to have, a material adverse effect on the business, operations, assets, financial condition or results of operations of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Careerbuilder Inc)

Year 2000. The Borrower and its Subsidiaries have 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, basis the risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year YEAR 2000 ProblemPROBLEM"). The Year 2000 Problem will not result in any Material Adverse Changehave, or is not reasonably expected to have, a material effect on the business, operations, assets, financial condition or results of operations of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Careerbuilder Inc)

Year 2000. The Borrower and its Subsidiaries have 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, basis the risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year YEAR 2000 ProblemPROBLEM"). The Year 2000 Problem will not result in any have, and is not reasonably expected to have, a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Loan Agreement (Informax Inc)

Year 2000. The Borrower Borrowers and its their respective 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 risk that certain computer applications used by the Borrower Borrowers or its their respective Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-date- sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any have a Material Adverse ChangeEffect on Borrowers.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Eltrax Systems Inc)

Year 2000. The Borrower and its Subsidiaries have 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, basis the risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year YEAR 2000 ProblemPROBLEM"). The Year 2000 Problem will not result in any Material Adverse Changehave, and is not reasonably expected to have, a material adverse effect on the business, assets, operations or financial conditions of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Vastera Inc)

Year 2000. The Borrower and its Subsidiaries have 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, basis the risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year YEAR 2000 ProblemPROBLEM"). The rollover to calendar year 2000 has not resulted in, and the Year 2000 Problem will not result in in, any Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Loan Agreement (Otg Software Inc)

Year 2000. The Borrower and its Subsidiaries have has reviewed --------- the areas within their business its businesses and operations which could be adversely affected by, and have has developed or are developing a program to address on a timely basis, the risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective its material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any Material Adverse ChangeChange with respect to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Interstate Hotels Corp)

Year 2000. The Borrower Borrowers and its their Subsidiaries have reviewed --------- the areas within their business and operations which could would be adversely affected by, and have developed or are developing a program to address on a timely basis, the risk that certain computer applications used by the Borrower or its Borrowers and their Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (U S Interactive Inc/Pa)

Year 2000. The 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 risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Lone Star Technologies Inc)

Year 2000. The Borrower and its Subsidiaries have 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, basis the risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year YEAR 2000 ProblemPROBLEM"). The Year 2000 Problem will not result in any have, and is not reasonably expected to have, a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Loan Agreement (Analytical Graphics Inc)

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Year 2000. The Borrower and its Subsidiaries have has reviewed --------- the areas within their business its businesses --------- 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 risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-date sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will is not result in any Material Adverse Changeexpected to materially and adversely affect the Borrower.

Appears in 1 contract

Samples: Term Loan Agreement (Federal Realty Investment Trust)

Year 2000. The 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 risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Mariner Post Acute Network Inc)

Year 2000. The 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 risk that certain computer applications used by the Borrower or its Borrower, the Parent Guarantor and their Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly dateproper data-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Alpharma Inc)

Year 2000. The Borrower Borrowers and its their Subsidiaries have reviewed --------- and are in the process of reviewing 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 risk that certain computer applications used by the Borrower or its Borrowers and their Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any Material Adverse Change."

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Graham Field Health Products Inc)

Year 2000. The Each Borrower and its Subsidiaries have 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" (that is, the risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) 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 (1999), and have made related appropriate inquiry of material suppliers, vendors and customers. Based on such review and program, each Borrower believes that the "Year 2000 Problem"). The Year 2000 Problem will " would not with reasonable likelihood have or result in any a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Warehousing Credit Agreement (PLM Equipment Growth Fund Vi)

Year 2000. The 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, any "Year 2000 Problem" (that is, the risk that certain computer applications used by the Borrower or and its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999 (1999). Based on such review and program, the Borrower reasonably believes that any such "Year 2000 Problem"). The Year 2000 Problem " will not result in any have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Input Output Inc)

Year 2000. The Borrower Borrowers and its their respective 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 risk that certain computer applications used by the Borrower Borrowers or its their respective Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem has not had and will not result in any have a Material Adverse ChangeEffect on Borrowers.

Appears in 1 contract

Samples: Security Agreement (Intelligroup Inc)

Year 2000. The Each Borrower and its Subsidiaries have 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 (which program is expected to be completed and in place by January 1, 2000) to address on a timely basis, the "Year 2000 Problem" (that is, the risk that certain computer applications used by the such Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and properly perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999 (the "Year 2000 Problem"1999). The Based on such review and program, the Year 2000 Problem will could not result in any reasonably be expected to have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Triarc Companies Inc)

Year 2000. The Borrower and its Subsidiaries have reviewed --------- the areas within their business and operations which that 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 certain computer applications used by the Borrower or and its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving certain dates prior to and any date after December 31, 1999 (1999). Based on such review and program, the Borrower reasonably believes that the "Year 2000 Problem"). The Year 2000 Problem " will not result in any Material Adverse Changehave a material adverse effect on the business, operations or financial conditions or prospects of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Credit Facility Agreement (Detection Systems Inc)

Year 2000. The Borrower Borrowers and its their respective 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 risk that certain computer applications CREDIT AGREEMENT used by the Borrower Borrowers or its their respective Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The To the knowledge of the Loan Parties, the Year 2000 Problem will could not reasonably be expected to result in any Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Internet Capital Group Inc)

Year 2000. The Borrower and its Subsidiaries have 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, basis the risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The Year 2000 Problem will not result in any Material Adverse Changehave, and is not reasonably expected to have, a material adverse effect on the business, assets, operations or financial conditions of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Itxc Corp)

Year 2000. The Borrower and its Subsidiaries have 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, basis the risk that certain computer applications used by the Borrower or its Subsidiaries (or any of their respective material suppliers, customers or vendors) 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 (the "Year 2000 Problem"), and has made related appropriate inquiry of material suppliers and vendors. The Based on such review, program and inquiry, the Borrower believes that the Year 2000 Problem will not result in any have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Warehouse and Security Agreement (CNL American Properties Fund Inc)

Year 2000. The Borrower Borrowers and its their respective 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 risk that certain computer applications used by the Borrower Borrowers or its their respective Subsidiaries (or any of their respective material suppliers, customers or vendors) may be unable to recognize and perform properly date-date- sensitive functions involving dates prior to and after December 31, 1999 (the "Year 2000 Problem"). The To the knowledge of the Loan Parties, the Year 2000 Problem will could not reasonably be expected to result in any Material Adverse Change.

Appears in 1 contract

Samples: Pledge Agreement (Internet Capital Group Inc)

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