AMD 2002 Annual Report Download - page 162

108,750,000 (one hundred eight million seven hundred fifty thousand Deutsche Marks) 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 contributed to
AMD Saxonia under thisSection 2.2(ii), such contribution shall be made in 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 1997;
provided,however, that such Equity Capital shall be required to be contributed in whole or in part at any time prior to such 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,
is less than 25:75.
SECTION 2.3 Form of Contribution. The Equity Capital under thisArticle II shall be contributed in cash and in Same Day Funds to AMD Saxonia.
ARTICLE III
Sponsors’ Loans
SECTION 3.1 Undertaking to Make Class A and Class C Sponsors’ Loans. The Sponsors, jointly and severally, hereby undertake that either Sponsor or
both of the Sponsors will make Sponsors’ Loans to AMD Saxonia:
(i) in an aggregate principal amount of at least DM 290,000,000 (two hundred ninety million Deutsche Marks) for all such Sponsors’ Loans, the exact
amount thereof being equal to the Deutsche Mark Equivalent of $200,000,000 (two hundred
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Source: ADVANCED MICRO DEVIC, 10-K, March 14, 2003