AMD 1994 Annual Report Download - page 84

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redeem, any shares of any class of capital stock (now or hereafter
outstanding), or warrants, options or other rights with respect to any
shares of any class of capital stock (now or hereafter outstanding); and
(b) Guarantor will not, and will not permit any of its Subsidiaries
to, make any deposit for any of the foregoing purposes during any period
when any such payment would be prohibited.
SECTION 4.2.5 Rental Obligations. Guarantor will not, and Guarantor will
------------------
not permit any of its Subsidiaries to, enter into at any time any arrangement
which does not create a Capitalized Lease Liability and which involves the
leasing by either Guarantor or any of its Subsidiaries from any lessor of any
real or personal property (or any interest therein) if non-performance by
Guarantor or any of its Subsidiaries of its obligations under such arrangement
would 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.
SECTION 4.2.6 Consolidation, Merger, etc. Guarantor will not, and
--------------------------
Guarantor will not permit any of its Subsidiaries including without limitation
Lessee to, liquidate or dissolve, consolidate with, or merge into or with, any
other corporation, except any Subsidiary (other than Lessee) may liquidate
voluntarily into, dissolve voluntarily into, and may merge with and into,
Guarantor or any other Subsidiary of Guarantor.
SECTION 4.2.7 Asset Dispositions, etc. Guarantor will not, and Guarantor
-----------------------
will not permit any of its Subsidiaries to, sell, transfer, lease, dispose,
contribute or otherwise convey, or grant options, warrants or other rights with
respect to, all or any substantial part of its assets (including accounts
receivable and capital stock of Subsidiaries) to any Person, unless (a) a
Default or a default or breach hereunder has not occurred and is continuing, (b)
such sale, transfer, lease, contribution or conveyance is in the ordinary course
of business of the Guarantor or such Subsidiary and (c) such sale, transfer,
lease, contribution or conveyance would not have a material adverse affect on
Guarantor or such Subsidiary.
SECTION 4.2.8 Bankruptcy Proceedings. Guarantor will not take any action
----------------------
to commence, institute, instigate, or cause to be filed bankruptcy proceedings,
whether involuntary or voluntary, against any of its Subsidiaries, including,
without limitation, Lessee.
SECTION 4.2.9 Transactions with Affiliates. Guarantor will not, and
----------------------------
Guarantor will not permit any of its Subsidiaries to, enter into, or cause,
suffer or permit to exist any arrangement or
28
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995