Common use of Year 2000 Representation Clause in Contracts

Year 2000 Representation. Any reprogramming required to permit the proper functioning, in and following the year 2000, of (i) Parent's and its Subsidiaries' computer systems and (ii) equipment containing embedded microchips (including systems and equipment supplied by others) and the testing of all such systems and equipment, as so reprogrammed, will be completed by November 30, 1999. The cost to Parent and its Subsidiaries of such reprogramming and testing which has not been incurred and of the reasonably foreseeable consequences of year 2000 to Parent and its Subsidiaries (including, without limitation, reprogramming errors and the failure of others' systems or equipment) could not reasonably be expected to have a material adverse effect on the ability of the Credit Parties to perform their respective obligations to the Agents and the Lenders or could not reasonably be expected to have a material adverse effect on the business, operations, property, assets, liabilities, condition (financial or otherwise) or prospects of the Borrower or of Parent and its Subsidiaries taken as a whole.

Year 2000 Representation. Any reprogramming required to permit the proper functioning, in and following the year 2000, of (i) Parentthe Borrower's and its Subsidiaries' computer systems and (ii) equipment containing embedded microchips (including systems and equipment supplied by othersothers or with which the Borrower's and its Subsidiaries' systems interface) and the testing of all such systems and equipment, as so reprogrammed, will be completed by November 30January 1, 1999. The cost to Parent and its Subsidiaries the Borrower of such reprogramming and testing which has not been incurred and of the reasonably foreseeable consequences of year 2000 to Parent and its Subsidiaries the Borrower (including, without limitation, reprogramming errors and the failure of others' systems or equipment) could not reasonably be expected to have a material adverse effect on the ability of the Credit Parties to perform their respective obligations to the Agents and the Lenders Banks or could not reasonably be expected to have a material adverse effect on the business, operations, property, assets, liabilities, condition (financial or otherwise) or prospects of the Borrower or of Parent the Borrower and its Subsidiaries taken as a whole.