AMD Saxonia definition

AMD Saxonia has the meaning assigned to such term in the first recital of this Agreement.

AMD Saxonia has the meaning assigned to such term in the introduction to this Agreement.

AMD Saxonia has good record and marketable title in fee simple to, or valid leasehold interests in (or the equivalent for the relevant jurisdiction), all real property necessary or used in the ordinary conduct of its business, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. AMD Holding has no real property or leasehold interests. The property of each of AMD Holding and AMD Saxonia is subject to no Encumbrances, other than Permitted Encumbrances.

Examples of AMD Saxonia in a sentence

• It is expressly understood and agreed by the parties hereto that the obligations of AMD Saxonia under the Loan Agreement are intended to be limited recourse obligations from the perspective of AMD Inc.

• 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.

• The granting of the Subsidies is contingent on the adherence by the Sponsors and AMD Saxonia to particular conditions, requirements, and covenants.

• 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 (a) as described in the Disclosure Schedules, and (b) its obligations, if any, under the Operative Documents, and activities reasonably incidental thereto.

• In such case, AMD Saxonia shall repay to the Paying Agent for distribution to the relevant Bank all outstanding amounts under the affected Facilities at the date such notice becomes effective, together with accrued interest and all other amounts due at the date of such notice.

More Definitions of AMD Saxonia

AMD Saxonia has the meaning assigned to such term in the first recital of ----------- ------------- this Agreement. "Bank" and "Banks" have the respective meanings assigned to such terms in ---- ----- the second recital of this Agreement. --------------

AMD Saxonia as Borrower -

AMD Saxonia s right to further encumber real property already subject to land charges in favor of the Banks shall remain unaffected (ss. 1136 BGB); (ii) incur indebtedness for borrowed money or incur liabilities save for such liabilities contemplated in the Operative Documents and liabilities in the ordinary course of business; (iii) save in respect of the lease agreement in respect of premises at Xxxxxxxxxxxxxxxxx 00 X/X, 00000 Xxxxxxx, dated 7/13.

AMD Saxonia has the meaning assigned to such term in the first recital ----------- ------------- of this Guaranty.

AMD Saxonia. Assignment (U.S.A)" means the AMD Saxonia Assignment of, inter ------------------------------ alia, rights under the AMD Saxonia Wafer Purchase Agreement, in the form set out in Schedule 50 to the Loan Agreement, between AMD Saxonia and the Security ----------- Agent.

AMD Saxonia has not entered into any Material Equipment Supply Contracts or Material Service Contracts other than those notified to the Agent in writing, together with copies of the relevant contract or orders.

AMD Saxonia has no Subsidiaries and has no equity investments in any other Person.