AMD 2000 Annual Report Download - page 309

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(iv) obligations of AMD Saxonia being accelerated following lapse
of any applicable grace periods as a result of the occurrence of an event
described in Section 21 of the Loan Agreement that would permit the Banks
to terminate the Facilities under, and as defined in, such agreement,
and/or the Agent, the Security Agent or any of the Banks exercising
remedies pursuant to any of the Security Documents (as defined in the Loan
Agreement);
(v) the involuntary (including without limitation as a result of
enforcement of any rights of security granted in shares of AMD Holding
and/or AMD Saxonia or performance of any undertakings to transfer such
shares made to secure obligations of AMD Holding and/or AMD Saxonia)
transfer of a controlling interest in AMD Holding and/or AMD Saxonia from
AMD Inc. and its Subsidiaries to one or more third parties;
(vi) the involuntary dissolution or winding up of the business of
AMD Holding and/or AMD Saxonia;
(vii) the AMD Saxonia Wafer Purchase Agreement terminating in
accordance with its terms;
(viii) failure by AMD Inc. to make any payment required from it
hereunder or under the AMD Holding Research Agreement or Sponsors' Support
Agreement within 45 days of the date due therefor, or default by AMD Inc.
in the performance of or compliance with any other term contained in this
Agreement or any such other agreement and such default shall not have been
remedied or waived within 30 days after receipt of notice from AMD Holding
or, if the Loan Agreement Termination Date has not yet taken place, the
Agent of such default;
(ix) any of AMD Inc.'s representations or warranties made in this
Agreement or the AMD Holding Research Agreement or in any statement or
certificate at any time given by AMD Inc. in writing pursuant to any
thereof being false in any material respect on the date as of which made;
(x) a court having jurisdiction in the premises entering a decree
or order for relief in respect of AMD Inc. in an involuntary case under
any applicable bankruptcy, insolvency or other similar law now or
hereafter in effect, which decree or order is not stayed; or any other
similar relief being granted under any applicable federal or state law;
(xi) a decree or order of a court having jurisdiction in the
premises for the appointment of a receiver, liquidator, sequestrator,
trustee, custodian or other officer having similar powers over AMD Inc. or
over all or a substantial part of its property, having been entered; or
the involuntary appointment of an interim receiver, trustee or other
custodian of AMD Inc. for all or a substantial part of its property; or
the issuance of a warrant of attachment, execution or similar process
against any substantial part of the property of AMD Inc.; and the
continuance of
12
Source: ADVANCED MICRO DEVIC, 10-K405, March 20, 2001