AMD 2000 Annual Report Download - page 260

obtained or effected, and are in full force and effect, on the Loan
Agreement Effective Date.
(xv) Governmental Approvals with Respect to the Plant and the Design
Center.
As at the date this representation and warranty is made or reaffirmed,
as the case may be, all Governmental Approvals necessary for the
construction, ownership, use, and operation by AMD Saxonia of the
Plant and the Design Center or which are required in order that the
Plant and the Design Center may be operated for their intended
purposes and Perform in Accordance with the Plans and Specifications,
have been listed on Schedule 20 to the Loan Agreement, and all of such
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Governmental Approvals (except those listed in Part B of Schedule 20
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to the Loan Agreement) have been duly obtained or effected, are
sufficient for all purposes thereof, and are in full force and effect
on such date (and, in the case of Government Approvals that have
expired, each AMD Company has timely applied for renewal thereof and
such Governmental Approvals have been administratively extended under
applicable law); and AMD Inc. reasonably believes, after due inquiry,
that the Governmental Approvals set forth in Schedule 20 to the Loan
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Agreement, together with all Governmental Approvals, if any, that may
be required in connection with the transactions contemplated by the
Operative Documents subsequent to the date on which this
representation and warranty is made or reaffirmed, as the case may be,
will be obtained at such time or times as may be necessary to avoid
material delay in, or material restrictions on the use or operation
of, the Plant and the Design Center.
(xvi) Interruption of Business.
Neither the business nor the properties of an AMD Company are
presently affected by any fire, explosion, accident, strike, lockout,
or other dispute, drought, storm, hail, earthquake, embargo, Act of
God, or of the public enemy, or other casualty (whether or not covered
by insurance) which impairs, or, if such event or condition were to
continue for more than thirty (30) additional days would be likely to
impair, such AMD Company's ability to perform its obligations under
the Operative Documents.
(xvii) Prior Activities, etc.
Prior to the Loan Agreement Effective Date, neither AMD Holding nor
AMD Saxonia has engaged in any business, conducted any operations or
activities, nor incurred any obligations or liabilities (contingent or
otherwise), other than (a) as described in the Disclosure Schedules,
and (b) its obligations, if any, under the Operative Documents, and
activities reasonably incidental thereto.
(xviii)Status of AMD Holding and AMD Saxonia, etc.
(a) AMD Holding is an "Unrestricted Subsidiary" under, and for
purposes of, the AMD Inc. Senior Secured Note Indenture and is
not a "Restricted Subsidiary" under, and for the purposes of, the
AMD Inc. 1999 Loan and Security Agreement; and
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Source: ADVANCED MICRO DEVIC, 10-K405, March 20, 2001