AMD 1994 Annual Report Download - page 75

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petroleum storage tanks, on or under any property now or previously owned
or leased by either Guarantor or any of its Subsidiaries, including without
limitation the Property, that, singly or in the aggregate, have, or may
reasonably be expected to have, a material adverse effect on the financial
condition, operations, assets, business, properties or prospects of
Guarantor and its Subsidiaries, taken as a whole;
(g) neither Guarantor nor any of its Subsidiaries has directly
transported or directly arranged for the transportation of any Hazardous
Material to any location which is listed or proposed for listing on the
National Priorities List pursuant to CERCLA, on the CERCLIS or on any
similar state list or which is the subject of federal, state or local
enforcement actions or other investigations which may lead to claims
against the Guarantor or any Subsidiary thereof for any remedial work,
damage to natural resources or personal injury, including claims under
CERCLA, which, singly or in the aggregate, have, or may reasonably be
expected to have, a material adverse effect on the financial condition,
operations, assets, business, properties or prospects of Guarantor and its
Subsidiaries, taken as a whole;
(h) there are no polychlorinated biphenyls or friable asbestos
present at any property now or previously owned or leased by Guarantor or
any of its Subsidiaries, including without limitation the Property, that,
singly or in the aggregate, have, or may reasonably be expected to have, a
material adverse effect on the financial condition, operations, assets,
business, properties or prospects of Guarantor and its Subsidiaries, taken
as a whole; and
(i) no conditions exist at, on or to Guarantor's best knowledge under
any property now or previously owned or leased by Guarantor or any of its
Subsidiaries, including without limitation the Property, which, with the
passage of time, or the giving of notice or both, would give rise to
liability under any Environmental Law.
Nothing in this Section 3.1.12 shall be deemed to limit or modify any
--------------
representation or warranty in the Environmental Indemnity Agreement.
SECTION 3.1.13 Regulations G, U and X. Neither the Guarantor nor any of
----------------------
its Subsidiaries is engaged in the business of extending credit for the purpose
of purchasing or carrying margin stock. Terms for which meanings are provided in
F.R.S. Board Regulation G, U or X or any regulations substituted therefor, as
from time to time in effect, are used in this Section with such meanings.
SECTION 3.1.14 No Default. Neither Guarantor nor any of its Subsidiaries
----------
is (a) in default under any indenture, mortgage, loan
19
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995