Common use of AMD Saxonia Clause in Contracts

AMD Saxonia. will on a timely basis and to the full extent comply with its obligations pursuant to the Operative Documents and particular, take all steps to enable AMD Inc. and/or AMD Holding and/or AMD Saxony LLC and/or AMD Admin to comply with its respective obligations under the Sponsors' Support Agreement, in particular in connection with the increase of AMD Saxonia's capital (Haftsummen and Pflichteinlagen) as well as the contribution of other capital by the Sponsors. If AMD Saxonia intends not to comply with its obligations pursuant to the Operative Documents it will immediately inform the Agent thereof in writing.

Appears in 1 contract

Sources: Syndicated Loan Agreement (Advanced Micro Devices Inc)

AMD Saxonia. will on a timely basis and to the full extent comply with its obligations pursuant to the Operative Documents and particular, take all steps to enable AMD Inc. and/or AMD Holding and/or AMD Saxony LLC and/or AMD Admin to comply with its respective obligations under the Sponsors' Support Agreement, in particular in connection with the increase of AMD Saxonia's ordinary share capital (Haftsummen and Pflichteinlagen) as well as the contribution of other equity capital by the Sponsors. If AMD Saxonia intends not to comply with its obligations pursuant to the Operative Documents it will immediately inform the Agent thereof in writing.

Appears in 1 contract

Sources: Amendment Agreement No. 3 (Advanced Micro Devices Inc)