Common use of Year 2000 Compliance Clause in Contracts

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basis, except to the extent that such failure is not reasonably expected to be a Material Adverse Event.

Appears in 4 contracts

Samples: Credit Agreement (Mci Worldcom Inc), Credit Agreement (Worldcom Inc /Ga/), Term Loan Agreement (Worldcom Inc /Ga/)

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Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 4 contracts

Samples: Credit Agreement (Clubcorp Inc), Credit Agreement (Club Corp International), Credit Agreement (Bargo Energy Co)

Year 2000 Compliance. Borrower will promptly notify the -------------------- Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect on Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Renaissance Worldwide Inc), Credit Agreement (Renaissance Worldwide Inc), Credit Agreement (Renaissance Worldwide Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Restricted Subsidiaries' business businesses and operations will not be Year 2000 compliant on a timely basisas of January 1, 2000, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 3 contracts

Samples: Credit Agreement (Charles River Laboratories Inc), Credit Agreement (Charles River Laboratories International Inc), Credit Agreement (Charles River Laboratories Holdings Inc)

Year 2000 Compliance. The Borrower will, and will cause each of its Restricted Subsidiaries to, promptly notify the Administrative Agent in the event that the Borrower or any of its Restricted Subsidiaries discovers or determines that any computer application (including those of its suppliers, vendors, and customers) that is material to its the Borrower's or any of its Restricted Subsidiaries' business businesses and operations will not be Year 2000 compliant on a timely basiscompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Materially Adverse EventEffect.

Appears in 3 contracts

Samples: Loan Agreement (Tv Guide Inc), Loan Agreement (Metrocall Inc), Loan Agreement (Tv Guide Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Duke Weeks Realty Limited Partnership), Revolving Credit Agreement (Duke Weeks Realty Limited Partnership)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its material suppliers and vendors) that is material to its or any of its Subsidiaries' Company's business and operations will not be Year 2000 compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be result in a Material Adverse Event.

Appears in 2 contracts

Samples: Credit Agreement (Prologis Trust), Credit Agreement (Prologis Trust)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basis, except to the extent that such failure is not reasonably expected to be a Material Adverse Event.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Southdown Inc), Credit Agreement (Southdown Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including, without limitation, those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Materially Adverse EventEffect.

Appears in 2 contracts

Samples: Loan Agreement (Lenfest Communications Inc), Loan Agreement (Gray Communications Systems Inc /Ga/)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 2 contracts

Samples: Credit Agreement (Uk Abba Products Inc), Credit Agreement (Homco Puerto Rico Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in if the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its the Parent's or any of the Borrower's and/or the Parent's Subsidiaries' business businesses and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not be reasonably expected to be cause a Material Adverse EventChange.

Appears in 2 contracts

Samples: Credit Agreement (World Access Inc /New/), Credit Agreement (World Access Inc /New/)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 2 contracts

Samples: Credit Agreement (Net2000 Communications Inc), Credit Agreement (Biltmore South Corp)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its the Parent's, or any of the Borrower's and/or the Parent's Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not be reasonably expected to be cause a Material Adverse EventChange.

Appears in 2 contracts

Samples: Credit Agreement (Ixc Communications Inc), Credit Agreement (Ixc Communications Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers, vendors, and customers) that is material to its or any of its SubsidiariesConsolidated Entities' business and operations will not be Year 2000 compliant on a timely basiscompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 2 contracts

Samples: Term Credit Agreement (Healthsouth Corp), Credit Agreement (Healthsouth Corp)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any the business and operation of Borrower and its Subsidiaries' business and operations , taken as a whole, will not be Year 2000 compliant on a timely basiscompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse Eventmaterial adverse effect on Borrower and its Subsidiaries, taken as a whole.

Appears in 2 contracts

Samples: Credit Agreement (Amresco Inc), Credit Agreement (Amresco Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent and the Lenders in the event the Borrower discovers or determines that any computer application (including those affected by information received from its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 2 contracts

Samples: Credit Agreement (Sensormatic Electronics Corp), Security Agreement (Ameristeel Finance Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not be reasonably expected to be have a Material Adverse EventEffect.

Appears in 2 contracts

Samples: Credit Agreement (Clear Channel Communications Inc), Credit Agreement (Ccci Capital Trust Iii)

Year 2000 Compliance. The Borrower will promptly notify the -------------------- Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 2 contracts

Samples: Credit Agreement (National Golf Properties Inc), Revolving Credit Agreement (National Golf Properties Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not be reasonably expected to be cause a Material Adverse EventChange.

Appears in 2 contracts

Samples: Credit Agreement (Gci Inc), Credit Agreement (Gci Inc)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect."

Appears in 2 contracts

Samples: Credit Facility Agreement (Pioneer Natural Resources Co), Credit Facility Agreement (Pioneer Natural Resources Co)

Year 2000 Compliance. The Borrower will shall promptly notify the Administrative Agent in the event that the Borrower discovers or determines that any computer application (including those of its suppliers, vendors and customers) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basiscompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 2 contracts

Samples: Loan Agreement (Bti Telecom Corp), Loan Agreement (Bti Telecom Corp)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect."

Appears in 2 contracts

Samples: Credit Agreement (Franchise Finance Corp of America), Credit Agreement (Franchise Finance Corp of America)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the -------------------- event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basis, except to the extent that such failure is not reasonably expected to be cause a Material Adverse EventEffect.

Appears in 1 contract

Samples: Loan Agreement (NVR Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those affected by information received from its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Unicapital Corp)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in -------------------- the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (PSS World Medical Inc)

Year 2000 Compliance. Borrower will promptly Promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its material suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations the Business will not be Year 2000 compliant on a timely basis, except to the extent that such failure is not reasonably expected likely to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Qualcomm Inc/De)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event Borrower any Consolidated Party discovers or determines that any computer application (including those of its suppliers, vendors and customers) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Glenayre Technologies Inc)

Year 2000 Compliance. Borrower The Borrowers will promptly notify the Administrative Agent in the event Borrower discovers the Borrowers discover or determines determine that any computer application (including those of its suppliers and vendors) that is material to its BHR or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basis, except to the extent and that such failure is not to be Year 2000 compliant could reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Bristol Hotels & Resorts Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent Lender in the event the Borrower (i) discovers or determines that any computer application that is applications material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant not, on a timely basis, except be Year 2000 Compliant, or (ii) receives notice from any vendor or supplier that such vendor or supplier will not, on a timely basis, be Year 2000 Compliant, except, in each case, to the extent that such failure is occurrence could not be reasonably expected to be cause a Material Adverse EventChange.

Appears in 1 contract

Samples: Credit Agreement (Itc Deltacom Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers or vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Firstmerit Corp /Oh/)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the event Borrower discovers Borrowers discover or determines determine that any computer application (including those of their suppliers and vendors) that is material to its their or any of its their Subsidiaries' business and operations will not be Year 2000 compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse Eventmaterial and adverse effect on Borrowers on a Consolidated basis.

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp /Ok/)

Year 2000 Compliance. At any time prior to June 30, 2000, the Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those affected by information received from its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Home Depot Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse Eventmaterial adverse effect upon the Borrower or such Subsidiary taken as a whole.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hagler Bailly Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event Borrower the Company discovers or determines that any computer application (including those of its key suppliers, vendors and customers) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Tredegar Corp)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or any of its Restricted Subsidiaries is made aware of or determines that any computer application (including those of its suppliers and vendors) that is material to its the businesses and operations of the Borrower or of any of its Subsidiaries' business and operations Restricted Subsidiaries will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Materially Adverse EventEffect.

Appears in 1 contract

Samples: Pledge Agreement (Bresnan Capital Corp)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent and -------------------- the Lenders in the event the Borrower discovers or determines that any computer application (including those affected by information received from its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Acsys Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its material suppliers and vendors other than the Lenders) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect."

Appears in 1 contract

Samples: Senior Revolving Credit Facility Agreement (Cash America International Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower or any Restricted Subsidiary discovers or determines that any computer application (including those of its suppliers or vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basisable to perform properly date-sensitive functions for all dates before and after January 1, 2000, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Adelphia Communications Corp)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers, vendors and service providers) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Nuveen Senior Income Fund)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers, vendors and customers) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basiscomplaint, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Bridge Loan Agreement (Windmere Durable Holdings Inc)

Year 2000 Compliance. The Borrower will shall promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers, vendors and customers) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Term Loan Agreement (Flashnet Communications Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its it Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not be reasonably expected to be cause a Material Adverse EventChange.

Appears in 1 contract

Samples: Credit Agreement (Pacific Gateway Exchange Inc)

Year 2000 Compliance. Borrower The Borrowers will promptly notify the Administrative Agent and the Lenders in the event Borrower discovers the Borrowers discover or determines determine that any computer application applications that is material to its are owned or leased and are used by either of the Borrowers or any of its Subsidiaries' their Subsidiaries (including those affected by information received from their suppliers and vendors) that are material to the business and operations of the Borrowers and their Subsidiaries will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Facilities and Reimbursement Agreement (Autonation Inc /Fl)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent and -------------------- the Lenders in the event the Borrower discovers or determines that any computer application (including those affected by information received from its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will is not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Cone Mills Corp)

Year 2000 Compliance. The Borrower will, and will cause each other Related Party, promptly notify the Administrative Agent in the event Borrower any Related Party discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its it or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Lufkin Industries Inc)

Year 2000 Compliance. The Borrower will promptly notify the -------------------- Administrative Agent and the Lenders in the event the Borrower discovers or determines that any computer application (including those affected by information received from its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Guaranty Agreement (Ameristeel Corp)

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Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent -------------------- in the event the Borrower discovers or determines that any computer application that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Depuy Inc)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations that will not be Year 2000 compliant on a timely basis, except to the extent that such failure is would not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Westport Resources Corp)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers is made aware of or determines that any computer application (including those of its suppliers and vendors) that is material to its the business and operation of the Borrower or of any of its Subsidiaries' business and operations the Borrower's Subsidiaries will not be Year 2000 compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Materially Adverse EventEffect.

Appears in 1 contract

Samples: Loan Agreement (Irt Property Co)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event Borrower any Credit Party discovers or determines that any computer application (including those of its suppliers, vendors and customers (other than the United States or any foreign government or any agency or instrumentality of any of the foregoing)) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Condor Systems Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its principal suppliers or vendors) that is material to its it or any of its Subsidiaries' business and or operations will not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Watson Wyatt & Co)

Year 2000 Compliance. Borrower The Borrowers will promptly notify the Administrative Agent in the event any Borrower or any Restricted Subsidiary discovers or determines that any computer application (including those of its suppliers or vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant able to perform properly date-sensitive functions for all dates before, on a timely basisand after January 1, 2000, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Adelphia Communications Corp)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Loan and Security Agreement (Gni Group Inc /De/)

Year 2000 Compliance. The Borrower will promptly notify the -------------------- Administrative Agent Lender in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Texas Industries Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent Lender in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not be reasonably expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Metro Networks Inc)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent -------------------- in the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its SubsidiariesRestricted Persons' business and operations will not be Year 2000 compliant (as defined in Section 5.19) on a timely basis, except to the extent that such failure is would not reasonably expected to be present a material probability of causing a Material Adverse EventChange.

Appears in 1 contract

Samples: Credit Agreement (Key Production Co Inc)

Year 2000 Compliance. Borrower The Borrowers will promptly notify the Administrative Agent in the event either Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its it Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not be reasonably expected to be cause a Material Adverse EventChange.

Appears in 1 contract

Samples: Credit Agreement (Pacific Gateway Exchange Inc)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' the business and operations operation of Borrower and its Consolidated Subsidiaries, will not be Year 2000 compliant on a timely basiscompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Camden Property Trust)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event Borrower that it discovers or determines that any computer application (including those of its suppliers, vendors and customers) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Five Year Credit Agreement (Graybar Electric Co Inc)

Year 2000 Compliance. The Borrower will promptly -------------------- notify the Administrative Agent Lender in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect."

Appears in 1 contract

Samples: Credit Agreement (Doskocil Manufacturing Co Inc)

Year 2000 Compliance. Borrower Each of the Borrowers will promptly notify the Administrative Agent in the event such Borrower discovers is made aware of or determines that any computer application (including those of its suppliers and vendors) that is material to its the business and operation of the Borrower or of any of its Subsidiaries' business and operations such Borrower's Subsidiaries will not be Year 2000 compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Materially Adverse EventEffect.

Appears in 1 contract

Samples: Loan Agreement (Charter Communications Southeast Holdings Lp)

Year 2000 Compliance. Borrower The Borrowers will promptly notify the Administrative -------------------- Agent in the event Borrower discovers the Borrowers discover or determines determine that any computer application (including those of their suppliers and vendors) that is material to its them or any of its their Subsidiaries' business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse Eventmaterial adverse effect upon the Borrowers and their Subsidiaries, taken as a whole.

Appears in 1 contract

Samples: Credit Agreement (Overnite Corp)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its the Restricted Subsidiaries' , business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is not, and would not reasonably be expected to be cause, a Material Adverse EventChange.

Appears in 1 contract

Samples: Credit Agreement (Qwest Communications International Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event Borrower it discovers or determines that any computer application (including those of its suppliers, vendors and customers) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse Event.Effect

Appears in 1 contract

Samples: Credit Agreement (Dimon Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent and the Lenders in the event the Borrower discovers or determines that any computer application (including those affected by information received from its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will is not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Rexall Sundown Inc)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Restricted Subsidiaries' business and operations will not be Year 2000 compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Cinemark Usa Inc /Tx)

Year 2000 Compliance. Borrower will promptly Promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers, vendors and customers) that is material to its or any of its Subsidiaries' or Affiliated Providers' business and operations will is not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Promedco Management Co)

Year 2000 Compliance. Borrower will shall promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' Company's business and operations will not be Year 2000 compliant Compliant on a timely basis, except to the extent that such failure is to be Year 2000 Compliant could not reasonably be expected to be a Material Adverse Event.

Appears in 1 contract

Samples: Revolving Credit Agreement (Protection One Alarm Monitoring Inc)

Year 2000 Compliance. The Borrower will promptly -------------------- notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect."

Appears in 1 contract

Samples: Credit Agreement (Us Xpress Enterprises Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event that the Borrower (i) discovers or determines that any computer application that is applications material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant not, on a timely basis, except to the extent be Year 2000 Compliant, or (ii) receives notice from any vendor or supplier that such failure is not reasonably expected to be vendor or supplier will not, on a Material Adverse Event.timely

Appears in 1 contract

Samples: Credit Agreement (Telergy Inc /Ny)

Year 2000 Compliance. Borrower will notify promptly notify the Administrative Agent in the event that (i) Borrower or any Guarantor discovers or determines that any computer application that is material to its or any of its Subsidiaries' business and operations will not be Year 2000 compliant (as that term is defined in Section 6.21) on a timely basis, except to the extent ; and that (ii) such failure is not to be Year 2000 compliant on a timely basis could reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (MDC Holdings Inc)

Year 2000 Compliance. Borrower The Borrowers will promptly notify the Administrative Agent in the event Borrower discovers or determines Borrowers determine that any computer application that which is material to its the operations of any Borrower, their subsidiaries or any of its Subsidiaries' business and operations their material vendors or suppliers will not be fully Year 2000 compliant (as such term is defined in Section 5.31 Year 2000.) on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse Eventmaterial adverse effect upon the financial condition of any Borrower.

Appears in 1 contract

Samples: Financing and Security Agreement (Sunrise Assisted Living Inc)

Year 2000 Compliance. Borrower Each of the Borrowers will promptly notify the Administrative and Collateral Agent in the event such Borrower discovers is made aware of or determines that any computer application that is material to the business or operation of the Borrowers and its or any of its Subsidiaries' business and operations Subsidiaries taken as a whole will not be able to resolve the Year 2000 compliant Problem on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Apria Healthcare Group Inc)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent in the event Borrower that it discovers or determines that any computer application (including those of its suppliers, vendors and customers) that is material to its or any of its Subsidiaries' business and operations (taken as a whole) will not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (International Speedway Corp)

Year 2000 Compliance. The Borrower will promptly notify the Administrative Agent and each Lender in the event the Borrower discovers or determines that any computer application (including those of its suppliers, vendors, and customers) that is material to its or any of its SubsidiariesConsolidated Entities' business and operations will not be Year 2000 compliant on a timely basiscompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Term Credit Agreement (Healthsouth Corp)

Year 2000 Compliance. Borrower will promptly Promptly notify the Administrative Agent in the event the Borrower discovers or determines that any computer application (including those of its suppliers, vendors and customers) that is material to its or any of its Subsidiaries' or Affiliated Providers' business and operations will not be Year 2000 compliant on a timely basisCompliant, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Promedco Management Co)

Year 2000 Compliance. Borrower will promptly notify the Administrative Agent in the event Borrower discovers or determines that any computer application (including those of its suppliers and vendors) that is material to its or any of its SubsidiariesConsolidated Affiliates' business and operations will not be Year 2000 compliant on a timely basis, except to the extent that such failure is could not reasonably be expected to be have a Material Adverse EventEffect.

Appears in 1 contract

Samples: Credit Agreement (Prologis Trust)

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