Common use of Year 2000 Compliance Clause in Contracts

Year 2000 Compliance. The Borrower will promptly notify the 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 on a timely basis, except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect.

Appears in 6 contracts

Samples: Credit Agreement (P F Changs China Bistro Inc), Credit Agreement (Gencorp Inc), Credit Agreement (V F Corp /Pa/)

AutoNDA by SimpleDocs

Year 2000 Compliance. The Borrower will promptly notify the 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 key suppliers, vendors and operations customers) will not be Year 2000 Compliant Ready on a timely basis, except to the extent that such failure could not reasonably be expected to have basis and a Material Adverse EffectEffect will occur as a result thereof.

Appears in 2 contracts

Samples: Loan Agreement (Uici), Loan Agreement (Uici)

Year 2000 Compliance. The Borrower will promptly notify the Agent and the Lenders Lender 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 on a timely basisby not later than September 30, 1999, except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Revolving Credit and Reimbursement Agreement (World Fuel Services Corp), Credit and Reimbursement Agreement (World Fuel Services Corp)

Year 2000 Compliance. The Borrower will promptly notify the 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 Subsidiariesthe Consolidated Parties' business and operations will not be Year 2000 Compliant on a timely basis, except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Pledge and Security Agreement (United Surgical Partners International Inc), Credit Agreement (United Surgical Partners International Inc)

Year 2000 Compliance. The Borrower will promptly notify the 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 could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Cone Mills Corp), Credit Agreement (Insteel Industries Inc)

Year 2000 Compliance. The Borrower will promptly notify the Agent and the Lenders in the event that the Borrower discovers or determines that any computer application (including those affected by information received from of its suppliers and vendors) that is material to its or any of its Subsidiaries' Subsidiaries business and operations will not be Year 2000 Compliant on a timely basiscompliant (as such term is defined in Section 6.25), except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Tripoint Global Communications Inc)

Year 2000 Compliance. The Borrower will promptly notify the Agent and the Lenders in the event the Borrower discovers or determines that any computer application (including those affected by information received from 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 could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: First Amending Agreement (Pioneer Natural Resources Co)

Year 2000 Compliance. The Borrower will promptly notify the Agent and the Lenders Lender in the event the Borrower discovers or determines that any computer application (including those affected by information received from of its suppliers suppliers, vendors and vendorscustomers) 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 could not reasonably be expected to have a Material Adverse Effect(as defined in Section 6.21).

Appears in 1 contract

Samples: Loan and Security Agreement (Homegold Financial Inc)

Year 2000 Compliance. The Borrower will promptly notify the Agent and the Lenders in the event that 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' Subsidiaries business and operations will not be Year 2000 Compliant on a timely basiscompliant (as such term is defined in Section 6.25), except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Simonds Industries Inc)

Year 2000 Compliance. The Borrower will promptly notify (in reasonable detail) the Agent and the Lenders in the event the Borrower discovers or determines that any computer application (including those affected by information received from of its suppliers suppliers, vendors and vendorscustomers) 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 could not reasonably be expected to have a Material Materially Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Arguss Holdings Inc)

Year 2000 Compliance. The Borrower will promptly notify the Agent and the Lenders Lender 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 it or any of its Subsidiaries' business and operations will not be Year 2000 Compliant on a timely basisby not later than September 30, 1999, except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (World Fuel Services Corp)

Year 2000 Compliance. The Borrower will promptly notify the 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' Subsidiaries= business and operations operations, taken as a whole, will not be Year 2000 Compliant on a timely basis, except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect."

Appears in 1 contract

Samples: Credit Agreement (Walter Industries Inc /New/)

Year 2000 Compliance. The Borrower will promptly notify the Agent and the Lenders Lender 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 key suppliers, vendors and operations customers) will not be Year 2000 Compliant Ready on a timely basis, except to the extent that such failure could not reasonably be expected to have basis and a Material Adverse EffectEffect will occur as a result thereof.

Appears in 1 contract

Samples: Loan Agreement (Uici)

Year 2000 Compliance. The Borrower will promptly notify the 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' Subsidiaries business and operations will not be Year 2000 Compliant on a timely basis, except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit and Reimbursement Agreement (Modis Professional Services Inc)

Year 2000 Compliance. The Borrower Loan Parties will promptly notify the Agent and the Lenders in the event the Borrower discovers or determines that any computer application (including those affected by information received from 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 could not reasonably be expected to have a Material Adverse EffectEffect on Borrower or the Loan Parties.

Appears in 1 contract

Samples: Loan and Security Agreement (Compusa Inc)

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

Appears in 1 contract

Samples: Credit and Loan Agreement (Transmation Inc)

AutoNDA by SimpleDocs

Year 2000 Compliance. The Each Borrower will promptly notify the Agent and the Lenders in the event the such 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 on a timely basis, except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Health Care Reit Inc /De/)

Year 2000 Compliance. The Borrower will promptly notify the -------------------- 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 on a timely basis, except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Health Management Associates Inc)

Year 2000 Compliance. The Each Borrower will shall promptly notify the Agent and the Lenders Lender in the event the such Borrower discovers or determines that any computer application (including those affected by information received from its of 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 to be Year 2000 Compliant could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Adams Golf Inc)

Year 2000 Compliance. The Borrower Borrowers will promptly notify the Agent and the Lenders in the event the Borrower discovers Borrowers discover or determines determine that any computer application (including those affected by information received from its suppliers and vendors) that is material to its either of them or to 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 could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Continental Crude Co)

Year 2000 Compliance. The Borrower will promptly notify the Agent and the Lenders in the event the Borrower discovers or determines that any computer application (including those affected by information received from 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 could not reasonably be expected to have a Material Adverse Effectmaterial adverse effect upon the Borrower and the Guarantors, taken as a whole.

Appears in 1 contract

Samples: Revolving Credit Agreement (Caci International Inc /De/)

Year 2000 Compliance. The Borrower will promptly notify the Agent and the Lenders in the event the Borrower discovers or determines that any computer application (including those affected by information received from 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 could would not reasonably be expected to have present a Material Adverse Effectmaterial risk of having a material adverse effect upon Borrower.

Appears in 1 contract

Samples: Credit Agreement (Basin Exploration 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' Subsidiaries= business and operations will not be Year 2000 Compliant on a timely basis, except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Bolle Inc)

Year 2000 Compliance. The Borrower will promptly notify the Agent and the Lenders Lender 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 on a timely basis, except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Travel Services International Inc)

Year 2000 Compliance. The Borrower will (i) promptly notify the Agent and the Lenders in the event the Borrower discovers or determines that any computer application or other system or operation (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 on a timely basis, and (ii) take all actions reasonably necessary to make such computer applications or other systems or operations Year 2000 Compliant, except to the extent that such failure could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Omnova Solutions Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.