Examples of AMD Flash Memory Business in a sentence
The sequence number asso- ciated with the status will be used for determining the hierarchy of statuses, i.e., higher the number, worst the status and this will be unique for the status codes.
In the event the Parties determine that certain general and administrative services provided by AMD and/or its Affiliates to the AMD Flash Memory Business prior to Closing have not been included in a Statement of Work and are not being separately addressed within Spansion, AMD will offer such services to Spansion or its Affiliates on the terms set forth in this Agreement and Spansion shall have the option to accept or reject such additional services.
AMD and AMD Investments have previously delivered to Fujitsu and Fujitsu Sub unaudited operating income statements of the AMD Flash Memory Business for the fiscal year ended December 31, 2002 (the “AMD Flash Memory Business Income Statements”).
All insurance coverage applicable to the AMD Entities, the AMD Flash Memory Business and the AMD Business Assets is in full force and effect, insures the AMD Entities in reasonably sufficient amounts against all risks usually insured against by Persons operating similar businesses or properties of similar size in the localities where such businesses or properties are located.
After the Closing, each Contributing Party shall as reasonably appropriate: (i) refer to the Joint Venture all inquiries relating to the AMD Business Assets or the Fujitsu Business Assets, as applicable, and (ii) promptly deliver to the Joint Venture any mail, packages and other communications addressed to such Contributing Party relating to the AMD Flash Memory Business or the Fujitsu Flash Memory Business, as applicable.
Each Contributing Party will promptly advise the other Contributing Party in writing of the commencement of any dispute, claim or Proceeding, against or involving the AMD Flash Memory Business, the Fujitsu Flash Memory Business, the AMD Business Assets or the Fujitsu Business Assets that is reasonably likely to result in a Material Adverse Effect on the Joint Venture.
Except as set forth in Schedule 5.23, during the past three (3) years, product warranty claims made against the AMD Entities with respect to products sold by the AMD Entities in connection with the AMD Flash Memory Business have not exceeded an aggregate of US$5,000,000 for any particular product.
The AMD Flash Memory Business Income Statements were prepared in accordance with the books and records of AMD and fairly present in all material respects the results of operations, for the period then ended, of the AMD Flash Memory Business.
The Parties have entered into a Contribution and Assumption Agreement, dated as of June 30, 2003 (the “Contribution Agreement”), pursuant to which AMD and Fujitsu (or their respective Affiliates) will transfer to FASL assets related to the AMD Flash Memory Business and assets related to the Fujitsu Flash Memory Business, respectively, in exchange for which AMD and Fujitsu will receive Membership Interests in FASL.
Since March 31, 2003, (a) the AMD Flash Memory Business has been conducted in all material respects in the ordinary course (except in connection with or as otherwise contemplated by the Transaction Documents) consistent with past practice and (b) there has been no change or event relating to the AMD Flash Memory Business which, individually or in the aggregate, is reasonably likely to have a Material Adverse Effect the Joint Venture.