AMD 2002 Annual Report Download - page 190

AMD Saxony LLC and AMD Saxonia has timely applied for renewal thereof and such Governmental Approvals have been administratively
extended under applicable law); and the Sponsors reasonably believe, after due inquiry, that the Governmental Approvals set forth inSchedule 20 to
the Loan Agreement, together with all Governmental Approvals, if any, that may be required in connection with the transactions contemplated by
the Operative Documents subsequent to the date on which this representation and warranty is made or reaffirmed, as the case may be, will be
obtained at such time or times as may be necessary to avoid material delay in, or material restrictions on the use or operation of, the Plant and the
Design Center.
(xix) Interruption of Business.
Neither the business nor the properties of AMD Holding, AMD Admin, AMD Saxony LLC or AMD Saxonia are presently affected by any fire,
explosion, accident, strike, lockout, or other dispute, drought, storm, hail, earthquake, embargo, Act of God, or of the public enemy, or other
casualty (whether or not covered by insurance) which impairs, or, if such event or condition were to continue for more than thirty (30) additional
days would be likely to impair, such AMD Company’s ability to perform its obligations under the Operative Documents.
(xx) Prior Activities, etc.
Prior to the Loan Agreement Effective Date, neither AMD Holding nor AMD Saxonia has engaged in any business, conducted any operations or
activities, nor incurred any obligations or liabilities (contingent or otherwise), other than (i) as described in the Disclosure Schedules, and (ii) its
obligations, if any, under the Operative Documents, and activities reasonably incidental thereto. Prior to the Conversion Effective Date, neither
AMD Saxony LLC nor AMD Admin has engaged in any business, conducted any operations or activities, not incurred any obligations or liabilities
(contingent or otherwise), other than its obligations, if any, under the Operative Documents, and activities reasonably incidental thereto.
(xxi) Status of AMD Holding, AMD Admin, AMD Saxony LLC, and AMD Saxonia, etc.
(a) AMD Holding is not a “Restricted Subsidiary” under, and for the purposes of, the AMD Inc. 1999 Loan and Security Agreement;
(b) AMD Saxony LLC is not a “Restricted Subsidiary” under, and for the purposes of, the AMD Inc. 1999 Loan and Security Agreement;
(c) AMD Admin is not a “Restricted Subsidiary” under, and for the purposes of, the AMD Inc. 1999 Loan and Security Agreement; and
(d) AMD Saxonia is not a “Restricted Subsidiary” under, and for the purposes of, the AMD Inc. 1999 Loan and Security Agreement.
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Source: ADVANCED MICRO DEVIC, 10-K, March 14, 2003