AMD 2002 Annual Report Download - page 179

(j) AMD Saxonia has no Subsidiaries and has no equity investments in any other Person.
(xi) Insurance.
Except as specifically disclosed in the Disclosure Schedules, properties of each Sponsor and each “Restricted Subsidiary” (under, and as defined in,
the AMD Inc. 1999 Loan and Security Agreement) are insured with financially sound and reputable insurance companies not Affiliates of AMD
Inc., in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and
owning similar properties in localities where such Sponsor or such “Restricted Subsidiary” (as so defined) operates.
(xii) Copyrights, Patents, Trademarks and Licenses, Etc.
Each AMD Company and each other Material AMD Inc. Subsidiary owns or is licensed or otherwise has the right to use all of the patents,
trademarks, service marks, trade names, copyrights, contractual franchises, authorizations, and other rights that are reasonably necessary for the
operation of its respective businesses, without conflict with the rights of any other Person, except for such conflicts which would not, individually or
in the aggregate, reasonably be expected to have a Material Adverse Effect. Except as specifically disclosed in the Disclosure Schedules, to the best
knowledge of AMD Inc.:
(a) no slogan or other advertising device, product, process, method, substance, part, or other material now employed, or now contemplated to be
employed, by any AMD Company or any other Subsidiary of AMD Inc. infringes upon any rights held by any other Person;
(b) no claim or litigation regarding any of the foregoing is pending or, to the best knowledge of AMD Inc., threatened; and
(c) no patent, invention, device, application, principle, or any statute, law, rule, regulation, standard, or code is pending or, to the best knowledge
of AMD Inc., proposed,
which, in any case described in (a), (b), or (c) above, could reasonably be expected to have a Material Adverse Effect.
(xiii) Taxes.
Each Sponsor and each “Restricted Subsidiary” (under, and as defined in, the AMD Inc. 1999 Loan and Security Agreement) have filed all material
US Federal, German, and other tax returns and reports required to be filed, and have paid all material US Federal, German, and other taxes,
assessments, fees, and other governmental charges levied or imposed upon them or their properties, income, or assets otherwise due and payable,
except those which are being contested in good faith by appropriate proceedings and for which adequate reserves have been
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Source: ADVANCED MICRO DEVIC, 10-K, March 14, 2003