AMD 2002 Annual Report Download - page 122

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to ensure that such Agreements and documents are legally and validly entered into and to exercise its rights thereunder.
4.1.2 The execution of this Agreement by AMD Saxonia and the execution by each of AMD Inc., AMD Saxonia, AMD Holding, AMD Saxony LLC
and AMD Admin of the Amendment Agreements and all other documents referred to in § 3.1 to which it is party and the performance of their
obligations thereunder and/or the exercise by each party of their rights:
(i) do not—and, in the case of the Amendment Agreements and other documents referred to in § 3.1, will not at the time of their
execution—contravene any applicable law, court judgment, administrative order or consent or any contractual or other obligation of
AMD Inc., AMD Saxonia, AMD Holding, AMD Saxony LLC or AMD Admin;
(ii) do not—and, in the case of the Amendment Agreements and the other documents referred to in § 3.1, will not at the time of their
execution—result in the termination or acceleration of any other obligation of AMD Inc., AMD Saxonia, AMD Holding, AMD Saxony
LLC or AMD Admin;
(iii) do not—and, in the case of the Amendment Agreements and the other documents referred to in § 3.1, at the time of their execution will
not—result in any obligation of AMD Inc., AMD Saxonia, AMD Holding, AMD Saxony LLC or AMD Admin to grant security, other
than the security referred to in the Security Documents and the Loan Agreement, as amended from time to time, to any third party.
4.1.3 This Agreement, the Amendment Agreements and all other documents referred to in § 3.1 to which AMD Inc., AMD Saxonia, AMD Holding,
AMD Saxony LLC and AMD Admin. are party constitute—or at the time of their execution will constitute—legal and valid binding
11
Source: ADVANCED MICRO DEVIC, 10-K, March 14, 2003