AMD 2003 Annual Report Download - page 170

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LLC, and shall provide the necessary assistance to facilitate the investigations thereof.
(viii) If any material change has occurred, or is found to be likely to occur with the passage of time, to the conditions of the assets, management, or
businesses of the Borrower and its Affiliates, or if any lawsuit, arbitration, administrative procedure, or any other dispute, which will materially
affect, or is likely to materially affect, the performance of the obligations of the Borrower under this Agreement, has commenced, or is found to
be likely to commence, the Borrower shall immediately notify the Agent thereof.
(ix) If any change occurs to the Status of the Establishment of the Collateral described in Schedule FOUR, the Borrower shall immediately notify
thereof to the Agent in writing.
(x) If any of the items described in Clause 18 is found untrue, the Borrower shall immediately notify thereof to the Agent.
19.2 The Borrower shall not offer any collateral to secure its obligations under this Agreement for the benefit of certain Lenders on and after the date of this
Agreement, and until this Agreement is terminated and the Borrower completes the performance of all of its obligations under this Agreement to each
Lender and the Agent, unless All Lenders and the Agent give prior written consent thereto.
19.3 The Borrower shall, on and after the date of this Agreement, and until this Agreement is terminated and the Borrower completes the performance of all of
its obligations under this Agreement to each Lender and the Agent, affirmatively covenant to be in compliance with matters described in the items below.
Upon applying the item (iv) and (v) below, any actions taken by the Borrower or any of its Subsidiaries and any events or circumstances occurring or
arising during any time that is not the Enhanced Covenant Period, which actions, events or circumstances were permitted under the terms of this
Agreement at the time taken, occurring or arising, shall not constitute a breach of the applicable covenant referencing such Enhanced Covenant Period
during any subsequent Enhanced Covenant Period notwithstanding that such actions, events or circumstances would not have been permitted under such
covenant, or would have constituted such a breach, had such actions, events or circumstances been taken, occurred or arisen during such Enhanced
Covenant Period:
(i) The Borrower will maintain licenses and other similar permits that are necessary to conduct the Borrowers main business, and continue to carry
out the business in compliance with material provisions of all Laws and Ordinances.
(ii) The Borrower will not change its main business.
(iii) The Borrower will not, unless otherwise specified in the Laws and Ordinances, subordinate the payment of any of its debts under this Agreement
to the payment of any unsecured debts (including any secured debts that will not be fully collected after the foreclosure sale of the collateral), or
at least will treat them equally.
18
Source: ADVANCED MICRO DEVIC, 10-K, March 09, 2004