AMD 2000 Annual Report Download - page 185

(xvii) any action under this Agreement requiring consent is undertaken
without the necessary consent unless the refusal to grant consent
is unlawful or in contravention of the terms of this Agreement;
(xviii) the insurances to be maintained pursuant to (S) 17.8 are not
maintained in full force and effect;
(xix) any material governmental approvals, consents or permits are not
granted, are revoked or are made subject to conditions or if any
governmental regulations or decrees are passed relating to the
Project which will prejudice the viability of the Project and which
are not either set aside by adequate action of AMD Saxonia to
discharge the effects of such regulations or decrees or if AMD
Saxonia has not suggested a course of action reasonably
satisfactory to the Agent within 30 days thereof;
(xx) any statement made to the Banks by AMD Saxonia, AMD Holding or AMD
Inc. in connection with the Project is inaccurate or incomplete in
any material respect to the extent that such statement is of
material significance for the viability of the Project or for the
compliance by AMD Saxonia, AMD Holding or AMD Inc. with its
obligations under the Operative Documents;
(xxi) AMD Saxonia ceases to be a wholly owned subsidiary of AMD Holding
or AMD Holding ceases to be a wholly owned subsidiary of AMD Inc.
(xxii) AMD Saxonia's ordinary share capital is not fully paid in by 31
December 1997 in an amount of at least DM 217,500,000 or
subordinated shareholder loans or Revolving Loans or equity are or
is, as the case may be, not made available in accordance with the
Sponsors' Support Agreement and/or the Revolving Loan Facility
Agreement.
(xxiii) projections in the current Management Plan (delivered pursuant to
(S) 16.2.2) show that AMD Saxonia will be unable, at any time
during the period from the date of such Management Plan to 31
December, 2005, to comply with the Minimum Liquidity Covenant,
after taking into account:
(a) the Available Revolving Loan Facility Amount; and
(b) other cash resources available to AMD Saxonia,
unless within 10 Banking Days after receipt of written notice from
the Agent, AMD Inc. provides the Agent with such evidence as shall
be reasonably satisfactory to the Banks in the exercise of their
due discretion with respect to the ability of AMD Inc. and AMD
Saxonia to fund the amount necessary to ensure compliance with the
Minimum Liquidity Covenant as aforesaid.
(xxiv) the terms or conditions of the 65/35 Guaranty or of the Guaranty
Decision or the Subsidy Agreement are not complied with or breached
or the 65/35 Guaranty is no longer available in full, or investment
or interest grants or
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Source: ADVANCED MICRO DEVIC, 10-K405, March 20, 2001