AMD 1997 Annual Report Download - page 130

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(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 "Default" or "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 a breach or default under
the Guaranty;
(iv) all references to "Majority Banks" in Article VII of the
Existing Bank of America Credit Agreement shall be deemed to refer to Lessor;
(v) 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."
(vi) 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 Agreement conflict with the existing definitions
in the Guaranty, such incorporated definitions shall with respect to the
Sections of the Existing Bank of America Credit Agreement which are incorporated
by reference and listed in the first paragraph of this
-3-
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998