Representations and Warranties of AMD Inc. AMD Inc. hereby represents and warrants to the Agent and the Security Agent as follows: (i) Organization; Corporate Power. AMD Inc. and each Material AMD Inc. Subsidiary: (a) is a corporation duly incorporated, validly existing, and (where the concept has a technical meaning) in good standing under the laws of the jurisdiction of its incorporation; (b) is duly qualified or licensed and (where the concept has a technical meaning) in good standing as a foreign corporation authorized to do business in each other jurisdiction where, because of the nature of its activities or properties in such jurisdiction, such qualification or licensing is required, (c) has all requisite corporate power and authority to own, operate, and lease its assets and properties and to carry on the business in which it is engaged and in which it proposes to engage; (d) that is an AMD Company, has all requisite corporate power and authority:
Appears in 2 contracts
Sources: Sponsors' Support Agreement (Advanced Micro Devices Inc), Sponsors' Support Agreement (Advanced Micro Devices Inc)
Representations and Warranties of AMD Inc. AMD Inc. hereby represents and warrants to the Agent and the Security Agent as follows:
(i) Organization; Corporate Power. AMD Inc. and each Material AMD Inc. Subsidiary:
(a) is a corporation corporation, limited partnership or limited liability company, as the case may be, duly incorporatedorganized, validly existing, and (where the concept has a technical meaning) in good standing under the laws of the jurisdiction of its incorporation;has
(b) is duly qualified or licensed and (where the concept has a technical meaning) in good standing as a foreign corporation authorized to do business in each other jurisdiction where, because of the nature of its activities or properties in such jurisdiction, such qualification or licensing is required,
(c) has all requisite corporate power and authority to own, operate, and lease its assets and properties and to carry on the business in which it is engaged and in which it proposes to engage;
(d) that is an AMD Company, has all requisite corporate power and authority:
Appears in 1 contract
Sources: Sponsors' Support Agreement (Advanced Micro Devices Inc)