Year 2000 processing definition

Year 2000 processing means the processing, calculating, comparing, sequencing, displaying, storing, transmitting, or receiving of date or date-sensitive data from, into, or between the twentieth and twenty-first centuries, during the years 1999 and 2000, and leap year calculations.
Year 2000 processing means the processing, calculating, comparing, sequencing, displaying,
Year 2000 processing shall have the same meaning as that given under the Year 2000 Information and Readiness Disclosure Act.

Examples of Year 2000 processing in a sentence

  • The Custodian further represents that it is proceeding with further testing in accordance with industry conventions and standards with respect to Year 2000 processing.

  • The Stockholder shall have the right to cure any Year 2000 Processing problems that arise from any Year 2000 process automatically provided that the Stockholder resolve such Year 2000 processing problem by December 1, 1999.

  • In the event that BISYS is unable to complete all necessary changes required for Year 2000 processing, by December 31, 1998, the Client may choose, at its sole discretion, to move to the BISYS Client Server offering.


More Definitions of Year 2000 processing

Year 2000 processing means processing by the Licensed Programs or other Components of a System, which is dependent upon usage of calendar dates, including dates on or
Year 2000 processing means processing by the Software, which is dependent upon usage of calendar dates, including dates on or after January 1, 2000. Year 2000 Processing includes both software owned by Supplier and third party software provided by Supplier that manages and/or manipulates data involving dates, including single century formulas and multi-century formulas. Correct or proper Year 2000 Processing means that the Software will not cause an abnormally ending dating scenario within the application or result in incorrect values generated involving such dates. Except for breach of the Year 2000 Processing warranty, which is addressed in the Section entitled Year 2000 Capability, if buyer notifies Supplier of any breach of the warranty set forth in this Section during the Warranty Period (if applicable), and if Supplier, which shall act reasonably and in good faith in its inspection of all returned Goods, confirms such defect, Supplier's exclusive liability, and the exclusive remedy of Buyer shall be, at Supplier's commercially reasonable discretion, repair or replacement of the Goods at no cost to Buyer. The Buyer may reject such Goods by notifying Supplier in waiting of such rejection and requesting an RMA number; provided, that such written notification and request for an RMA number must be received by Supplier during the Warranty Period (if applicable). Within ten (10) days of receipt of the RMA number, Buyer shall return the defective Goods to Supplier, insured and with transportation prepaid, with a written description of the defect. The limited warranties set forth in this Section shall not apply if (i) the Goods have been materially altered or modified, (ii) the Goods have been subjected to negligence by Buyer, computer or electrical malfunction, or (iii) the Goods have been used, adjusted, installed, maintained, or operated other than in accordance with instructions furnished by Supplier, or with an application or in an environment other than that recommended by Supplier. EXCEPT AS EXPRESSLY PROVIDED IN THIS SECTION, SUPPLIER PROVIDES NO WARRANTY, EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, AND SPECIFICALLY DISCLAIMS ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO ALL MATERIALS AND SERVICES PROVIDED TO BUYER. SURVIVAL OF OBLIGATIONS ----------------------- The parties' obligations under this Agreement which by their nature are intended to continue beyond the termination or expiration of this Agreement (including without limitat...
Year 2000 processing means processing which is dependent upon usage of calendar dates, including dates on or after January 1, 2000. Year 2000 Processing includes, in addition to software provided by Supplier, any third party software embedded in the Services that manages and/or manipulates data involving dates, including single century formulas and multi-century formulas. "Proper Processing" means the Services will not cause an abnormally ending scenario or result in incorrect values generated involving dates.
Year 2000 processing means processing by the Company Intellectual Property that manage and/or manipulate data involving dates, including single century formulas and multi-century formulas and dates on or after January 1, 2000; and (ii) "properly perform the Year 2000 Processing" means that to the Knowledge of the Stockholders, the Company's Intellectual Property will not cause an abnormally ending dating scenario within the application or result in incorrect values generated involving such dates. The Stockholders warrant that (x) any version of Company's Intellectual Property being transferred to NetSol, other than over-the-counter "shrink wrap" software, shall properly perform Year 2000 Processing, and (y) to the Knowledge of the Stockholders and the Company, all other versions of Company's Intellectual Property provided by the Company shall properly perform Year 2000 Processing.
Year 2000 processing means processing by the Licensed Programs or other Components of a System, which is dependent upon usage of calendar dates, including dates on or * CONFIDENTIAL MATERIAL OMITTED - FILED SEPARATELY WITH SECURITIES AND EXCHANGE COMMISSION after January 1, 2000. Year 2000 Processing includes, in addition to software provided by CTS, any third party software embedded in the Components that manages and/or manipulates data involving dates, including single century formulas and multi-century formulas. Correct or proper Year 2000 Processing means that the Licensed Programs and Components will not cause an abnormally ending dating scenario within the application or result in incorrect values generated involving such dates.
Year 2000 processing means the process- ing (including, without limitation, calculating, comparing, sequencing, displaying, or storing), transmitting, or receiving of date or date/time data from, into, and between the twentieth and twenty-first centuries, and during the years 1999 and 2000, and leap year calculations.” [1]