Some functionality was deprecated in python-rhsm, at the same time we replaced it's usage in subscription-manager but one call was missed in rhsmd:
/usr/lib64/python2.4/site-packages/rhsm/certificate.py:123: DeprecationWarning: Call to deprecated function: hasNow
This should be updated to the new certificate2 module, I believe the method would be is_valid.
Author: Bryan Kearney <firstname.lastname@example.org>
Date: Wed Feb 20 14:39:33 2013 -0500
912707: Remove a use of the deprecated hasNow() function.
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# rpm -qa | egrep "subscription-manager|python-rhsm"
# /usr/libexec/rhsmd -s
No longer throws any warning.
*** This bug has been marked as a duplicate of bug 913118 ***