AMD 2001 Annual Report Download - page 85

(b) default in the payment of interest or Additional Amounts upon any
Security, when such interest becomes due and payable, and continuance of
such default for a period of 30 days; or
(c) default in the performance of any covenant, agreement or condition
of the Company in this Indenture or the Securities (other than a default
specified in (a) or (b) above), and continuance of such default for a
period of 60 days after there has been given, by registered or certified
mail, to the Company by the Trustee or to the Company and the Trustee by
the Holders of at least 25% in aggregate Principal Amount of the
Outstanding Securities a written notice specifying such default and
requiring it to be remedied and stating that such notice is a "Notice of
Default" hereunder; or
(d) failure by the Company to give the Fundamental Change Company
Notice; or
(e) the entry by a court having jurisdiction in the premises of (i) a
decree or order for relief in respect of the Company or any of its
significant subsidiaries of a voluntary case or proceeding under any
applicable Federal or State bankruptcy, insolvency, reorganization or other
similar law or (ii) a decree or order adjudging the Company as bankrupt or
insolvent, or approving as properly filed a petition seeking
reorganization, arrangement, adjustment or composition of or in respect of
the Company under any applicable Federal or State law or (iii) appointing a
custodian, receiver, liquidator, assignee, trustee, sequestrator or other
similar official of the Company or of any substantial part of its property,
or ordering the winding up or liquidation of its affairs, and the
continuance of any such decree or order for relief or any such other decree
or order unstayed and in effect for a period of 60 consecutive days;
(f) the commencement by the Company or any of its significant
subsidiaries of a voluntary case or proceeding under any applicable Federal
or State bankruptcy, insolvency, reorganization or other similar law or of
any other case or proceeding to be adjudicated a bankrupt or insolvent, or
the consent by it to the entry of a decree or order for relief in respect
of the Company in an involuntary case or proceeding under any applicable
Federal or State bankruptcy, insolvency, reorganization or other similar
law or to the commencement of any bankruptcy or insolvency case or
proceeding against it, or the filing by it of a petition or answer or
consent seeking reorganization or relief under any applicable Federal or
State law, or the consent by it to the filing of such petition or to the
appointment of or taking possession by a custodian, receiver, liquidator,
assignee, trustee, sequestrator or other similar official of the Company or
of any substantial part of its property, or the making by it of an
assignment for the benefit of creditors, or the admission by it in writing
of its inability to pay its debts generally as they become due, or the
taking of corporate action by the Company in furtherance of any such
action;
(g) the failure by the Company or any of its significant subsidiaries
make any payment at maturity, including any applicable grace period, with
respect to any indebtedness of, or guaranteed or assumed by, the Company or
its significant subsidiaries, in a principal amount then outstanding in
excess of $25 million in the aggregate for all such indebtedness and the
continuance of such failure for a period of 30
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 2002