Y2K Compliance definition

Y2K Compliance or “Y2K Compliant” means hardware, software, firmware, or other systems or processes (hereafter “systems and processes”) that correctly manage, calculate, compare and sequence date data from, into and between the 20th and 21st centuries, including leap year calculations, without human intervention. Y2K Compliant systems and processes must utilize input and output date formats that are compatible with the ISO’s systems and processes, must conform to the International Organization for Standardization ISO 8601:1988 standards for representation of dates and must not cause incorrect date calculations.
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Y2K Compliance the ability of a computer program to (i) record, store, process, calculate, present and, where appropriate, insert time and accurate dates and calculations for calendar dates falling on or after (and, if applicable, spans of time including) January 1, 2000, (ii) record, store, process, calculate and present any information and/or data dependent on or relating to such dates in the same manner, and with the same functionality, data integrity and performance, as the Software records, stores, processes, calculates and presents calendar dates on or before December 31, 1999 and in such fashion as to respond to two-digit date input in a way that eliminates all ambiguities as to the century of concern, and treats the year 2000 as a leap-year and correctly and accurately regards and processes data and information with respect thereto, and (iii) lose no functionality with respect to the introduction of records, including but not limited to back-up and archived information and/or data, containing dates falling on or after January 1, 2000 and "Y2K Compliant" has the correlative meaning.
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Y2K Compliance. - means Year 2000 compliance and has the meaning set forth in subsection 13.05(c) of this Agreement.
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Examples of Y2K Compliance in a sentence

  • In order to protect and maintain the integrity of the ISO’s systems and processes, the ISO shall have the authority to immediately disconnect the systems or processes of any Scheduling Coordinator or other entity that is believed by the ISO to be passing Y2K related erroneous data; i.e., data from systems and processes that do not meet the Section 30.1 standards for Y2K Compliance.

  • Kentucky-American has included, as forecasted deferred debits, costs incurred for Y2K Compliance, completion of the GIS Study, and the Automation of KRS Study in the amount of $185,136.

  • The Y2K Compliance costs involved the company’s performance of comprehensive system checks of all critical resources to ensure Y2K readiness.42 The GIS study reviewed all departmental processes that might benefit from a GIS and the estimated costs associated with integration over the next 5 years.

  • This certificate must be sent to the Commission by overnight delivery to the Division of Market Regulation,U.S. Securities and Exchange Commis- sion, 100 F Street, NE., Washington, DC 20549–6628 Attention: Y2K Compliance.

  • This certifi- cate must be sent to the Commission by overnight delivery to the Division of Market Regulation, U.S. Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–6628 Atten- tion: Y2K Compliance.

  • You must send this notice to the Com- mission by overnight delivery to the Division of Market Regulation, U.S. Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–6628 Attention: Y2K Compliance.

  • This could become part of the online component and a reminder will be given to the participants to complete the assessments and bring the results with them to the in-person workshop.• Train-the-trainer program: For the next phase of this project/grant, we suggest a train-the-trainer program where we can teach instructors how to facilitate the training workshop.

  • Public Listed Companies – Y2K Status Based on the disclosures received up to October 1999, the state of readiness of Public Listed Companies is as follows:- Public Listed Companies’ Y2K Compliance Status Main Board Second BoardOctober 1999Note:- For the 746 public listed companies comprising 462 Main Board companies and 284 Second Board companies, full compliance is expected by December 1999.

  • In dealing with the most significant issue of Year 2000 (Y2K) Compliance, no effort has been spared, including industry-wide tests, to ensure that all mission critical systems continue to operate reliably before, on and after the year 2000.

  • This certificate must be sent to the Commission by overnight delivery to the Division of Market Regulation, U.S. Securities and Exchange Commis- sion, 100 F Street, NE., Washington, DC 20549–6628 Attention: Y2K Compliance.


More Definitions of Y2K Compliance

Y2K Compliance means the ability of a computer program to (i) record, store, process, calculate, present and, where appropriate, insert accurate dates and calculations for calendar dates falling on or after (and, if applicable, spans of time including) January 1, 2000, (ii) record, store, process, calculate and present any information and/or data dependent on or relating to such dates with the same functionality, data integrity and performance, as the software records, stores, processes, calculates and presents calendar dates on or before December 31, 1999 and in such fashion as to respond to two-digit date input in a way that eliminates all ambiguities as to the century of concern, and treats the year 2000 as a leap-year and correctly and accurately regards and processes data and information with respect thereto, and (iii) lose no functionality with respect to the introduction of records, including but not limited to back-up and archived information and/or data, containing dates falling on or after January 1, 2000 and "Y2K Compliant" has the correlative meaning.
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Y2K Compliance means the ability of a computer program to (i) record, store, process, calculate, present and, where appropriate, insert time and accurate dates and calculations for calendar dates falling on or after (and, if applicable, spans of time including) January 1, 2000, (ii) record, store, process, calculate and present any information and/or data dependent on or relating to such dates in the same manner, and with the same functionality, data integrity and performance, as the software records, stores, processes, calculates and presents calendar dates on or before December 31, 1999 and in such fashion as to respond to two-digit date input in a way that eliminates all ambiguities as to the century of concern, and treats the year 2000 as a leap- year and correctly and accurately regards and processes data and information with respect thereto, and (iii) lose no functionality with respect to the introduction of records, including but not limited to back-up and archived information and/or data, containing dates falling on or after January 1, 2000 and "Y2K Compliant" has the correlative meaning. Any accounting term used in this Agreement shall have, unless otherwise specifically provided herein, the meaning customarily given such term in accordance with GAAP, and all financial computations hereunder shall be computed, unless otherwise specifically provided herein, in accordance with GAAP consistently applied. That certain terms or computations are explicitly modified by the phrase "in accordance with GAAP" shall in no way be construed to limit the foregoing. All other undefined terms contained in this Agreement shall, unless the context indicates otherwise, have the meanings provided for by the U.C.C. to the extent the same are used or defined therein. The words
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Y2K Compliance. The computer systems and other equipment containing embedded microchips. which employ, store, exchange or process date/time information, in either case owned or operated by the Borrower or the Subsidiaries or used in the conduct of the Business, and the Borrowers and the Subsidiaries' products and services are Y2K Compliant; and
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Y2K Compliance means that:
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Related to Y2K Compliance

  • Non-Compliance means failure/refusal to comply the terms and conditions of the tender;

  • Statement of Compliance means the statement forming part of a Tender indicating the Bidders compliance with the Specification.

  • Compliance Review means an inspection of the home, grounds, and files to determine compliance with these regulations.

  • Safety compliance facility means a licensee that is a commercial entity that receives marihuana from a marihuana facility or registered primary caregiver, tests it for contaminants and for tetrahydrocannabinol and other cannabinoids, returns the test results, and may return the marihuana to the marihuana facility.

  • Compliance schedule means a schedule of events, by date, which will result in compliance with these regulations.

  • Substantial compliance means a level of compliance with these rules where any deficiencies pose no greater risk to resident health or safety than the potential for causing minor harm.

  • Trading Compliance Policy means the written policy of the Company pertaining to the purchase, sale, transfer or other disposition of the Company’s equity securities by Directors, Officers, Employees or other service providers who may possess material, nonpublic information regarding the Company or its securities.

  • Labor compliance agreement means an agreement entered into between a contractor or subcontractor and an enforcement agency to address appropriate remedial measures, compliance assistance, steps to resolve issues to increase compliance with the labor laws, or other related matters.

  • Compliance as used in this clause, means compliance with:

  • Covenant Compliance Worksheet means a fully completed worksheet in the form of Attachment A to Exhibit C.

  • Environmental Compliance Reserve means any reserve which the Agent establishes in its reasonable discretion after prior written notice to the Borrower from time to time for amounts that are reasonably likely to be expended by the Borrower in order for the Borrower and its operations and property (a) to comply with any notice from a Governmental Authority asserting material non-compliance with Environmental Laws, or (b) to correct any such material non-compliance identified in a report delivered to the Agent and the Lenders pursuant to Section 7.7.

  • Repeat compliance period means any subsequent compliance period after the initial compliance period.

  • Environmental and Social Standards or “ESSs” means, collectively: