AMD 1997 Annual Report Download - page 119

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incorporated herein by reference and as amended by the Existing Bank of
America Credit Agreement shall be deemed to have been incorporated
herein as of the date each such section and amendment first became
effective under the Existing Bank of America Credit Agreement;
provided, however, that:
-------- -------
(i) all references to "Company" shall be deemed to refer to
Guarantor;
(ii) all references to "this Agreement" and "herein," "hereof" and
words of similar purport shall, except where the context otherwise
requires, be deemed to refer to this Guaranty;
(iii) all references to "Event of Default" shall be deemed to
refer to a "Default" or an "Event of Default" under either of the
Leases or the other Operative Agreements, or breach or default under
this Guaranty;
(iv) the following sentence shall be added to the end of Section
7.01 of the Existing Bank of America Credit Agreement as incorporated
herein by reference:
"provided, however, that no Liens otherwise permitted by (a)
-------- ------
through (n) above shall be permitted if such Liens are otherwise
prohibited under either of the Leases or the Consent Agreement or
the Second Consent Agreement."
(v) Paragraph (b) of Section 7.03 of the Existing Bank of America
Credit Agreement as incorporated by reference herein shall be deleted
and replaced with the following:
"(b) any Restricted Subsidiary (other than Lessee) of
Guarantor may sell all or substantially all of its assets (upon
voluntary liquidation or otherwise), to Guarantor or another Wholly-
Owned Subsidiary (other than Lessee or the German Subsidiary) of
Guarantor."
All such Sections and other terms, definitions and provisions of the Existing
Bank of America Credit Agreement incorporated herein shall, except as Lessor
shall otherwise consent in writing for purposes of this Guaranty, continue in
full force and effect for the benefit of Lessor, whether or not the Banks fund
the Loans thereunder, the debt and obligations thereunder remain outstanding
or such agreement remains in effect among the parties thereto.
Except as specifically provided above and except that the term
"Material Adverse Effect" as defined in the Guaranty shall continue to be used
in the Guaranty, to the extent that any definitions incorporated by reference
from the Existing Bank of America Credit
-3-
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998