AMD 1997 Annual Report Download - page 166

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extent, but only to the extent, reflected in AMD Saxonia's financial
statements referred to in (S) 15.1.6 of the Loan Agreement (or, if
----------
not so reflected, as certified by AMD Inc. to the Agent and the
Security Agent as of the Loan Agreement Effective Date) as Class A
Sponsors' Loans in determining whether the Sponsors shall have
complied with their obligations under this Article III;
-----------
(iii) although the obligations of the Sponsors contained in this Article
-------
III are in addition to, and not in limitation of, their respective
---
obligations contained elsewhere in this Agreement and in the other
Operative Documents, if the Agent shall have otherwise expressly
consented thereto in writing (which consent will not be unreasonably
withheld or delayed), the Sponsors shall be deemed to have complied
with their obligations to make Class A Sponsors' Loans, Class B
Sponsors' Loans and/or Class C Sponsors' Loans to the extent, but only
to the extent, that AMD Holding shall have made additional
contributions to AMD Saxonia's Equity Capital (or other contribution
to AMD Saxonia's capital reserves) which contributions are not
otherwise required to be made pursuant hereto or to any other
Operative Document;
(iv) the Sponsors shall not be relieved:
(a) of the foregoing obligation by virtue of any Equity Capital
(or other contribution to AMD Saxonia's capital reserves)
contributed or required to be contributed to AMD Saxonia
pursuant to Section 2.1 or (except as, and to the extent,
-----------
provided in clause (iii) above) otherwise;
------------
(b) of any obligation to make Class A Sponsors' Loans (or to
contribute additional Equity Capital or other contributions to
AMD Saxonia's capital reserves in lieu thereof) by virtue of
any payment made by either Sponsor under the Sponsors'
Guaranty;
(c) of any obligation following Completion to make Class B
Sponsors' Loans until and unless the Sponsors shall have paid
all amounts payable under the Sponsors' Guaranty following a
demand for payment made by the Agent thereunder (it being
understood and agreed that the obligation of the Sponsors to
make Class B Sponsors' Loans shall be subject to the
occurrence of Completion); or
(d) of any obligation to make Class A Sponsors' Loans, Class B
Sponsors' Loans or Class C Sponsors' Loans by the additional
Sponsors' Loans in an amount of $34,000,000 made by AMD Inc.
to AMD Saxonia on 26 September 1997 and referred to in Section
-------
3.5 below;
---
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998