AMD 1994 Annual Report Download - page 82

(h) other Indebtedness of Guarantor or any of its Subsidiaries for
borrowed money or in the nature of Contingent Liabilities in an aggregate
amount not to exceed twenty-five percent of Tangible Net Worth at any time
outstanding;
provided, however, that no new Indebtedness otherwise permitted by clause (c),
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(d), or (e) shall be incurred if, immediately prior to or after giving effect to
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the incurrence thereof, any Default shall have occurred and be continuing.
SECTION 4.2.2 Liens. Guarantor will not, and Guarantor will not permit
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any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien
upon any of its property, revenues or assets (including the Property), whether
now owned or hereafter acquired, except:
(a) Liens securing payment of the Obligations;
(b) Liens granted prior to the date hereof to secure payment of
Indebtedness of the type permitted and described in clause (b) of Section
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4.2.1;
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(c) Liens granted to secure payment of Indebtedness of the type
permitted and described in clause (c) of Section 4.2.1 and covering only
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those assets acquired with the proceeds of such Indebtedness;
(d) Liens for taxes, assessments or other governmental charges or
levies not at the time delinquent or thereafter payable without penalty or
being diligently contested in good faith by appropriate proceedings and for
which adequate reserves in accordance with GAAP shall have been set aside
on its books;
(e) Liens of carriers, warehousemen, mechanics, materialmen and
landlords incurred in the ordinary course of business for sums not overdue
or being diligently contested in good faith by appropriate proceedings and
for which adequate reserves in accordance with GAAP shall have been set
aside on its books;
(f) Liens incurred in the ordinary course of business in connection
with workmen's compensation, unemployment insurance or other forms of
governmental insurance or benefits, or to secure performance of tenders,
statutory obligations, leases and contracts (other than for borrowed money)
entered into in the ordinary course of business or to secure obligations on
surety or appeal bonds; and
(g) judgment Liens which in the aggregate do not exceed $10,000,000
and which are in existence less than 10 days after the entry thereof or
with respect to which execution has been
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995