Common use of Year 2000 Issues Clause in Contracts

Year 2000 Issues. The Borrower will take all actions reasonably necessary to assure that Year 2000 Issues will not have a material adverse effect on the business operations or financial condition of the Borrower. Upon the Bank's request, the Borrower will provide the Bank with a description of its plan to address Year 2000 Issues, including updates and progress reports. Borrower will advise the Bank of any reasonably anticipated material adverse effect on the business operations or financial condition of the Borrower as a result of Year 2000 Issues.

Appears in 3 contracts

Samples: Credit Agreement (American Dental Technologies Inc), Credit Agreement (American Dental Technologies Inc), Alternate Marketing Networks Inc

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Year 2000 Issues. The Borrower Borrowers will take all actions reasonably necessary to assure that Year 2000 Issues will not have a material adverse effect on the business business, operations or financial condition of the BorrowerBorrowers. Upon the BankNBD's request, the Borrower Borrowers will provide the Bank NBD with a description of its their plan to address Year 2000 Issues, including updates and progress reports. Borrower Borrowers will advise the Bank NBD of any reasonably anticipated material adverse effect on the business business, operations or financial condition of the Borrower Borrowers as a result of Year 2000 Issues.

Appears in 1 contract

Samples: Amendment and Forbearance Agreement (Medar Inc)

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Year 2000 Issues. The Borrower will take all actions reasonably necessary to assure that Year 2000 Issues will not have a material adverse effect on the business operations or financial condition of the BorrowerMaterial Adverse Effect. Upon the Bank's request, the Borrower will provide the Bank with a description of its plan to address Year 2000 Issues, including updates and progress reports. The Borrower will advise the Bank of any reasonably anticipated material adverse effect on the business operations or financial condition of the Borrower Material Adverse Effect as a result of Year 2000 Issues.

Appears in 1 contract

Samples: Credit Agreement (Perceptron Inc/Mi)

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