AMD 2000 Annual Report Download - page 245

amount which, when added to the aggregate amount of all Sponsors'
Loans and/or other contributions to AMD Saxonia's Equity Capital
or capital reserves then concurrently made, is equal to the
Primary Secured Obligations at such time); and
(b) December 31, 1998; and
(ii) at least a further DM 145,000,000 (one hundred forty five million
Deutsche Marks) for all such Class A Sponsors' Loans, the exact amount
thereof being equal to the Deutsche Mark Equivalent of $100,000,000
(one hundred million Dollars) for all such Class A Sponsors' Loans, by
the earlier to occur of:
(a) the acceleration of the Advances under the Loan Agreement
following the occurrence of an Event of Default (it being
understood and agreed that if, at the time of any such
acceleration, the Primary Secured Obligations are less than the
amount otherwise required to be lent to AMD Saxonia under this
Section 3.2(ii), the amount of such Class A Sponsors' Loans shall
---------------
be an amount which, when added to the aggregate amount of all
Sponsors' Loans and/or other contributions to AMD Saxonia's
Equity Capital or capital reserves then concurrently made, is
equal to the Primary Secured Obligations at such time); and
(b) December 31, 1999;
provided, however, that such Class A Sponsors' Loans shall be required to
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be made in whole or in part at any time prior to the aforesaid dates if,
but only to the extent that, the ratio of:
(x) the sum of
(1) the then aggregate outstanding principal amount of
Sponsors' Loans,
plus
----
(2) the then aggregate amount of AMD Saxonia's Equity
Capital and capital reserves,
to
--
(y) the then aggregate outstanding principal amount of the
Advances under the Loan Agreement,
is less than 25:75.
SECTION 3.3 [left intentionally blank]
31
Source: ADVANCED MICRO DEVIC, 10-K405, March 20, 2001