Year 2000 Functionality definition

Year 2000 Functionality means that, except as would not cause a Company Material Adverse Effect, all date-sensitive devices material to the conduct of the entity's business have provided and will provide uninterrupted functionality to record, store, process and present calendar dates on or after January 1, 2000 (including without limitation properly treating 2000 as a leap year) in substantially the same manner and with the same functionality as such date-sensitive devices have heretofore recorded, stored, processed and presented calendar dates falling on or before December 31, 1999.
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Year 2000 Functionality means that, except as would not cause a Company Material Adverse Effect, all date-sensitive devices material to the conduct of the entity's business will provide uninterrupted functionality to record, store, process and present calendar dates on or after January 1, 2000 (including without limitation properly treating 2000 as a leap year) in substantially the same manner and with the same functionality as such date-sensitive devices have heretofore recorded, stored, processed and presented calendar dates falling on or before December 31, 1999. The Company reasonably believes as of the date hereof that the remaining costs of fully implementing its Year 2000 Program will not exceed the amounts reflected in its Report on Form 10-Q for the quarter ended June 30, 1999.
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Year 2000 Functionality means (i) accurate processing of date-related information before, during and after January 1, 2000, including accepting date input, providing date output and performing calculations on dates or portions of dates, (ii) accurate functioning without material interruption before, during and after January 1, 2000, and without any materially adverse change in operation associated with the advent of the new century, (iii) the ability to respond to two-digit year field date input in a way that resolves any ambiguity as to century in a disclosed, defined and predetermined manner and (iv) the ability to store and provide output of date information in ways that are unambiguous as to century. "Year 2000 Compliant" means that the software used by AVE provide Year 2000 Functionality.
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Examples of Year 2000 Functionality in a sentence

  • The Company and the Subsidiaries are in compliance with all commitments made to customers with respect to the Year 2000 Functionality of the Proprietary Software or Third Party Software used in the operations of the Company and the Subsidiaries.

  • As of the date hereof the Company is not aware of any condition or circumstance that has impeded or will impede the ability of the Company or any Subsidiary to conduct business as usual prior to, during and after the year-end change from 1999 to 2000 as a result of Year 2000 Functionality.

  • As of the date hereof Parent is not aware of any condition or circumstance that has impeded or will impede the ability of Parent or any Subsidiary to conduct business as usual prior to, during and after the year-end change from 1999 to 2000 as a result of Year 2000 Functionality.