<<RE: Capital Structure
. The Company has an aggregate of $500 million in
revolving credit agreements, including a $400 million agreement expiring in
May 2000, which contains certain restrictive covenants pertaining to the
Company's semiconductor memory operations, including a maximum total debt
to equity ratio. There can be no assurance that the Company will continue to...>>>>
From recent 10K:
sec.gov
7.14 Combined Tangible Net Worth. The Company shall not permit,
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as of the last day of any fiscal quarter, Combined Tangible Net Worth to be
less than an amount equal to $1,900,000,000, plus the sum of (a) 75% of
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Combined Net Income (not reduced by Combined Net Loss for any period) earned
in each fiscal quarterly accounting period commencing with the fiscal quarter
ending September 3, 1998, and (b) 50% of the amount by which Combined Tangible
Net Worth increases as a result of any secondary public or private offering of
equity securities by the Company and its Semiconductor Operations Subsidiaries
(not in connection with an Acquisition or employee stock option or purchase
plans or the TI Acquisition) after the Closing Date.
7.15 Leverage Ratio. The Company shall not permit, as of the last
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day of any fiscal quarter, the Leverage Ratio to exceed 1.00 to 1.00.
7.16 Maximum Indebtedness to Capitalization. The Company shall
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not permit, as of the last day of any fiscal quarter, the aggregate amount of
all Indebtedness of the Company and the Semiconductor Operations Subsidiaries
on a combined basis to be an amount which exceeds 60% of Capitalization........
[This is about 40% of the way into the 10K, found shortly after the "incorporated by reference" list.]
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