AMD 1994 Annual Report Download - page 81

additional consents or filings, and take all further actions that may be
necessary, or that the Lessor may reasonably request, in order for the Guarantor
and its Subsidiaries to be in compliance with the terms hereof.
SECTION 4.2 Negative Covenants. Guarantor covenants and agrees that, so
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long as any portion of the Obligations of the Lessee shall remain unpaid or
unperformed, Guarantor will not, without the prior written consent of the
Lessor, do anything prohibited in this Section.
SECTION 4.2.1 Indebtedness. Guarantor will not, and Guarantor will not
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permit any of its Subsidiaries to, create, incur, assume or suffer to exist or
otherwise become or be liable in respect of any Indebtedness, other than,
without duplication, the following:
(a) Indebtedness in respect of this Guaranty and Obligations of
Lessee;
(b) Indebtedness existing as of the date of this Guarantee which is
identified in the financial statements described at Section 3.1.5;
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(c) Indebtedness in an aggregate principal amount not to exceed ten
percent of Tangible Net Worth at any time outstanding which is incurred by
Guarantor or any of its Subsidiaries to a vendor of any assets to finance
its acquisition of such assets provided that payment of such Indebtedness
is secured by a Lien encumbering only such assets;
(d) unsecured Indebtedness incurred in the ordinary course of
business (including open accounts extended by suppliers on normal trade
terms in connection with purchases of goods and services, but excluding
Indebtedness incurred through the borrowing of money or Contingent
Liabilities);
(e) Guarantor's guaranty of not more than $175,000,000 of
Indebtedness in a joint venture between Guarantor and Fujitsu Limited of
Japan as described in a Joint Venture Agreement between Guarantor and
Fujitsu Limited of Japan dated March 30, 1993;
(f) Indebtedness of not more than $105,000,000 in principal at any
time outstanding in respect of the Bank of America Credit Agreement;
(g) issuance by Guarantor of its unsecured senior notes of not more
than $106,000,000, in replacement of Guarantor's $106,000,000 Senior Notes
due November 20, 1992;
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995