AMD 1994 Annual Report Download - page 331

7.7 Guaranty Obligations. The Company shall not, and shall not suffer
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or permit any of its Subsidiaries to, create, incur, assume or suffer to exist
any Guaranty Obligations except:
(a) endorsements for collection or deposit in the Ordinary Course
of Business;
(b) Guaranty Obligations of the Company and its Subsidiaries
existing as of the date of this Agreement and listed on, and subject to the
maximum amounts specified in, Schedule 7.7;
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(c) Guaranty Obligations of the Company of not more than
$175,000,000 of Indebtedness of Fujitsu-AMD Semiconductor Limited; and
(d) in addition to Guaranty Obligations described in the preceding
clauses (a) through (c), Guaranty Obligations by the Company of the Indebtedness
of its Offshore Subsidiaries, up to $75,000,000 in the aggregate at any time for
all such Offshore Subsidiaries combined.
7.8 Compliance with ERISA. The Company shall not, and shall not suffer
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or permit any of its Subsidiaries to, (i) terminate any Plan subject to Title IV
of ERISA so as to result in any material (in the opinion of the Majority Banks)
liability to the Company or any ERISA Affiliate, (ii) permit to exist any ERISA
Event or any other event or condition, which presents the risk of a material (in
the opinion of the Majority Banks) liability to any member of the Controlled
Group, (iii) make a complete or partial withdrawal (within the meaning of ERISA
Section 4201) from any Multiemployer Plan so as to result in any material (in
the opinion of the Majority Banks) liability to the Company or any ERISA
Affiliate, (iv) enter into any new Plan or modify any existing Plan so as to
increase its obligations thereunder which could result in any material (in the
opinion of the Majority Banks) liability to any member of the Controlled Group,
or (v) permit the-present value of all nonforfeitable accrued benefits under any
Plan (using the actuarial assumptions utilized by the PBGC upon termination of a
Plan) materially (in the opinion of the Majority Banks) to exceed the fair
market value of Plan assets allocable to such benefits, all determined as of the
most recent valuation date for each such Plan.
7.9 Restricted Payments.
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(a) The Company shall not, and shall not suffer or permit any of
its Subsidiaries to, declare or make any dividend payment or other distribution
of assets, properties, cash, rights, obligations or securities on account of any
shares of any
57.
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995