AMD 2002 Annual Report Download - page 165

(viii) the amounts set forth in thisSection 3.1 are cumulative minimum aggregate amounts for both Sponsors, collectively; nothing
contained herein shall be deemed to preclude the Sponsors (or either of them) from making additional Sponsors’ Loans in order to
fulfil their respective obligations contained inArticle IV,V, orVI, or for any other reason.
SECTION 3.2 Time of Class A Sponsors’ Loans. The Class A Sponsors’ Loans will be made in cash and in Same Day Funds and will be made as follows:
(i) at least DM 145,000,000 (one hundred forty five million Deutsche Marks) for all such Class A Sponsors’ Loans, the exact amount thereof being
equal to the Deutsche Mark Equivalent of $100,000,000 (one hundred million Dollars) for all such Class A Sponsors’ Loans, 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 lent to AMD
Saxonia under thisSection 3.2(i), the amount of such Class A Sponsors’ Loans shall be 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, 1998; and
(ii) at least a further DM 145,000,000 (one hundred forty five million Deutsche Marks) for all such Class A Sponsors’ Loans, the exact amount thereof
being equal to the Deutsche Mark Equivalent of $100,000,000 (one hundred million Dollars) for all such Class A Sponsors’ Loans, 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 lent to AMD
Saxonia under thisSection 3.2(ii), the amount of such Class A Sponsors’ Loans shall be 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, 1999;
provided,however, that such Class A Sponsors’ Loans shall be required to be made in whole or in part at any time prior to the aforesaid
dates if, but only to the extent that, the ratio of:
(x) the sum of
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Source: ADVANCED MICRO DEVIC, 10-K, March 14, 2003