AMD 1994 Annual Report Download - page 334

determination is being made, determined quarterly on a consolidated basis and
not reduced by any quarterly loss, plus (b) 100% of the Net Proceeds of any sale
of capital stock of the Company by or for the account of the Company, occurring
after September 21, 1994, plus (c) any increase in stockholders' equity
resulting from the conversion of debt securities to equity securities after
September 21, 1994.
7.12 Leverage Ratio. The Company shall not at any time suffer or permit
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its Leverage Ratio to be greater than 0.85 to 1.00.
7.13 Fixed Charge Coverage Ratio. The Company shall not at any time of
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determination suffer or permit its Fixed Charge Coverage Ratio to be less than
1.25 to 1.00.
7.14 Change in Business. The Company shall not, and shall not permit
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any of its Subsidiaries to, engage in any material line of business
substantially different from those lines of business carried on by the Company
and its Subsidiaries on the date hereof.
7.15 Accounting Changes. The Company shall not, and shall not suffer or
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permit any of its Subsidiaries to, make any significant change in accounting
treatment or reporting practices, except as required by GAAP, or change the
fiscal year of the Company or of any of its consolidated Subsidiaries.
ARTICLE VIII
EVENTS OF DEFAULT
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8.1 Event of Default. Any of the following shall constitute an "Event
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of Default":
(a) Non-Payment. The Company fails to pay, (i) when and as
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required to be paid herein, any amount of principal of any Loan, or (ii) within
three days after the same shall become due, any interest, any fee or any other
amount payable hereunder or pursuant to any other Loan Document; or
(b) Representation or Warranty. Any representation or warranty
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by the Company or any of its Subsidiaries made or deemed made herein, in any
other Loan Document, or which is contained in any certificate, document or
financial or other statement by the Company, any of its Subsidiaries, or their
respective Responsible Officers, furnished at any time under this Agreement, or
in or under any other Loan Document, shall prove to have been incorrect in any
material respect on or as of the date made or deemed made; or
60.
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995