AMD 2003 Annual Report Download - page 138

5.2.3 the entry of the prior ranking servitudes referred to under § 3.3.3 above,
by the later to occur of (i) 31 December 2004 or (ii) three (3) months after issuance of the declarations mentioned in § 3.4
above by the Security Agent in appropriate form.
5.2 AMD Saxonia shall deliver a copy of the sale and transfer agreement referred to in § 3.3.1 above to the Agent without undue
delay upon execution.
§ 6
Representations and Warranties
6.1 AMD Saxonia hereby represents and warrants to the Banks as at the date hereof as follows:
6.1.1. AMD Saxonia has taken all necessary steps and/or obtained all necessary consents for the execution of this Agreement
and/or will take all necessary steps and/or obtain all necessary consents required for the execution of the Amendment
Agreements to which it is a party as well as all other documents referred to in § 4.1 to which it is party in order to
ensure that such Agreements and documents are legally and validly entered into and to exercise its rights thereunder.
6.1.2 The execution of this Agreement by AMD Saxonia and the execution by each of AMD Inc., AMD Saxonia, AMD
Holding, AMD Saxony LLC and AMD Admin of the Amendment Agreements and all other documents referred to in
§ 4.1 to which it is party and the performance of their obligations thereunder and/or the exercise by each party of their
rights:
(i) do not—and, in the case of the Amendment Agreements and other documents referred to in § 4.1, will not at the time of their
execution—contravene any applicable law, court judgment, administrative order or consent or any contractual or other obligation of
AMD Inc., AMD Saxonia, AMD Holding, AMD Saxony LLC or AMD Admin;
(ii) do not—and, in the case of the Amendment Agreements and the other documents referred to in § 4.1, will not at the time of their
execution—result in the termination or acceleration of any other obligation of AMD Inc., AMD Saxonia, AMD Holding, AMD
Saxony LLC or AMD Admin;
(iii) do not—and, in the case of the Amendment Agreements and the other documents referred to in § 4.1, at the time of their execution
will not—result in any obligation of AMD Inc., AMD Saxonia, AMD Holding, AMD Saxony LLC or AMD Admin to grant security,
other than the security referred to in the Security Documents and the Loan Agreement, as amended from time to time, to any third
party.
Source: ADVANCED MICRO DEVIC, 10-K, March 09, 2004