Year 2000 Compatibility definition

Year 2000 Compatibility. Borrower and Xxxxxx shall take all action necessary to assure that their respective computer based systems are able to operate and effectively process data including dates on and after January 1, 2000. Please complete and sign the Year 2000 Schedule attached hereto as Exhibit E and return it to Lender with this Commitment.
Sample 1
Year 2000 Compatibility refers to the ability of computer systems and non-computing equipment containing embedded microchips to perform properly date sensitive functions and to avoid any Year 2000 Problem.
Sample 1
Year 2000 Compatibility. Take all action necessary to assure that its computer based system has the ability to operate and effectively process data including dates on or after January 1, 2000. The Borrower shall make further inquiry as to its significant suppliers and customers regarding their respective efforts to assure such Year 2000 Compatibility . At the request of the Bank, the Borrower shall provide the Bank with such assurances as it may reasonably request to demonstrate the Borrower's compliance with the foregoing covenant."
Sample 1

Examples of Year 2000 Compatibility in a sentence

  • At the request of the Deal Agent, the Backup Servicer and Collateral Custodian shall provide assurance acceptable to the Deal Agent of the Backup Servicer and Collateral Custodian's Year 2000 Compatibility.

  • At the request of Bank, Borrower shall provide Bank assurance acceptable to Bank of Borrower's Year 2000 Compatibility.

  • The disclosure as to Year 2000 Compatibility issues in the Company's Quarterly Report on Form 10-Q for the period ended September 30, 1999, is true and correct in all material respects and does not omit to state a material fact necessary to make the statements contained therein not misleading.

  • At the request of the Deal Agent or the Backup Servicer, the Seller shall provide assurance reasonably acceptable to the Deal Agent or the Backup Servicer of the Seller's Year 2000 Compatibility.

  • Year 2000 Compatibility.............................................

  • At the request of the Deal Agent, the Backup Servicer and Collateral Custodian shall provide assurance reasonably acceptable to the Deal Agent of the Backup Servicer and Collateral Custodian's Year 2000 Compatibility.

  • Seller has made inquiries of and has received responses from each of its major suppliers and customers regarding Year 2000 Compatibility issues.

  • The Backup Servicer and Collateral Custodian shall take all action necessary to assure that, prior to January 1, 2000, the Backup Servicer and Collateral Custodian's computer system is able to operate and effectively process data including dates on and after January 1, 2000 ("Year 2000 Compatibility").

  • The Executive Director of the company shall put in place adequate and effective system of internal controls to ensure compliance with the requirements given in these regulations to prevent insider trading.

  • The disclosure as to Year 2000 Compatibility issues in the Company's Quarterly Report on Form 10-Q for the period ended September 30, 1999 is complete and correct in all material respects and does not omit to state a material fact necessary to make the statements contained therein not misleading.


More Definitions of Year 2000 Compatibility

Year 2000 Compatibility. As defined in Section 5.6(c).
Sample 1
Year 2000 Compatibility. (and variations thereof) means, with respect to any Computer System, that such Computer System (i) records, stores, processes and provides true and accurate dates and calculations for dates and spans of dates, (ii) is and will be able to operate on a basis comparable to its current operation during and after calendar year 2000 A.D., including, but not limited to, leap years, and (iii) shall not end abnormally or provide invalid or incorrect results as a result of date data which represents or references (or fails to represent or reference) different centuries or more than one century. Any reference in this Agreement to a statute shall be to such statute, as amended from time to time, and to the rules and regulations promulgated thereunder. The words "include," "includes" and "including" shall be deemed to be followed by the phrase "without limitation."
Sample 1

Related to Year 2000 Compatibility

  • Year 2000 Compliant means, with respect to the Company's Information Technology, that the Information Technology is designed to be used prior to, during and after the calendar Year 2000, and the Information Technology used during each such time period will accurately receive, provide and process date and time data (including, but not limited to, calculating, comparing and sequencing) from, into and between the 20th and 21st centuries, including the years 1999 and 2000, and leap-year calculations, and will not malfunction, cease to function, or provide invalid or incorrect results as a result of the date or time data, to the extent that other information technology, used in combination with the Information Technology, properly exchanges date and time data with it. The Company has delivered to the Buyers true and correct copies of all analyses, reports, studies and similar written information, whether prepared by the Company or another party, relating to whether the Information Technology is Year 2000 Compliant, if any.

  • compatibility means compatibility as defined in point (10) of Article 2 of Directive (EU) 2019/770;

  • Year 2000 Compliance has the meaning set forth in section 17.29 of the Management Agreement.

  • Interoperability means the ability of a Qwest OSS Function to process seamlessly (i.e., without any manual intervention) business transactions with CLEC's OSS application, and vice versa, by means of secure exchange of transaction data models that use data fields and usage rules that can be received and processed by the other Party to achieve the intended OSS Function and related response. (See also Electronic Bonding.)

  • Year 2000 Problem as used herein means any significant risk that computer hardware or software used in the receipt, transmission, processing, manipulation, storage, retrieval, retransmission or other utilization of data or in the operation of mechanical or electrical systems of any kind will not, in the case of dates or time periods occurring after December 31, 1999, function at least as effectively as in the case of dates or time periods occurring prior to January 1, 2000.

  • Customer Systems means the Customer's information technology infrastructure, including computers, software, hardware, databases, electronic systems (including database management systems) and networks, whether operated directly by Customer or through the use of third-party services.

  • QA means Quality Assurance.

  • Year 2000 Issues means anticipated costs, problems and uncertainties associated with the inability of certain computer applications to effectively handle data including dates on and after January 1, 2000, as such inability affects the business, operations and financial condition of the Borrower and its Subsidiaries and of the Borrower's and its Subsidiaries' material customers, suppliers and vendors.

  • functionality means the ability of a tenderer to provide goods or services in accordance with specifications as set out in the tender documents.

  • Quality system means documented organizational procedures and policies: internal audits of those policies and procedures: management review and recommendation for quality improvement.”

  • Web Site Accessibility Standards/Specifications means standards contained in Title 1 Texas Administrative Code Chapter 206.

  • Customer System means the Customer's computing environment (consisting of hardware, software and/or telecommunications networks or equipment) used by the Customer or the Supplier in connection with this Contract which is owned by or licensed to the Customer by a third party and which interfaces with the Supplier System or which is necessary for the Customer to receive the Services;

  • Year 2000 Ready or "Year 2000 Readiness" means that the referenced component, system, software, equipment or other item (for purposes of this definition, the "Computer System") is designed to be used prior to, during and after the calendar year 2000 A.D., and that such Computer System will operate at all levels, including microcode, firmware, application programs, user interfaces, files and databases, during each such time period without error or interruption relating to, or the product of, date data which represents or references different centuries or more than one century or leap year.

  • Supplier System means the information and communications technology system used by the Supplier in performing the Services including the Software, the Equipment and related cabling (but excluding the Customer System);

  • Connectivity means the provision of a Permanent Separated Bicycle Lane system that reflects desired routes between all major origins and destinations in the city.

  • XXXXX-Compatible Format Any format compatible with XXXXX, including HTML, Word, Excel or clean, searchable PDFs.

  • technical specification means a document that prescribes technical requirements to be fulfilled by a product, process or service;

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • Integrated Services Digital Network (ISDN means a switched network service that provides end-to-end digital connectivity for the simultaneous transmission of voice and data. Basic Rate Interface-ISDN (BRI-ISDN) provides for a digital transmission of two (2) 64 Kbps bearer channels and one (1) 16 Kbps data channel (2B+D).

  • Signaling System 7 (SS7) means a signaling protocol used by the CCS Network.

  • IBM means International Business Machines Corporation.

  • Technical Specifications means the detailed requirements for the Work furnished by the Architect and set forth in Book 3 of the Contract Documents.

  • Web Site Accessibility Standards/Specifications means standards contained in Title 1 Texas Administrative Code Chapter 206.

  • NOC means National Olympic Committee.