AMD 1997 Annual Report Download - page 146

2.3 In para. 3 of the Preamble, the first sentence shall be deleted and
replaced by the following:
"On 26 September 1997, AMD Inc. made available to AMD Saxonia an
amount of US$ 34,000,000 as a subordinated loan pursuant to Section
3.5 of the Sponsors' Support Agreement and Section 2.5 of the
Sponsors' Loan Agreement. In addition, AMD Inc. has made available to
AMD Saxonia, via AMD Holding, equity in the form of ordinary share
capital in an aggregate amount of DM 217,500,000. Furthermore AMD
Inc. and/or AMD Holding has undertaken to make subordinated loans to
or, in the case of AMD Holding, additional equity contributions in
cash to the reserves of AMD Saxonia in an aggregate amount of the DM
equivalent of US$ 200,000,000 (at least DM 290,000,000) and an
additional amount equal to, or the equivalent of, US$ 70,000,000
(which amount may be made available to AMD Saxonia by way of loan in
either Dollars or Deutsche Marks and may be carried by AMD Saxonia as
a Deutsche Mark denominated liability notwithstanding the currency in
which it is made available to AMD Saxonia)."
2.4 In (S) 1.1, the definition of "Banking Day" shall be replaced by the
following:
"each day on which banks are generally open for business in London,
Frankfurt am Main, Dresden and Luxembourg."
2.5 In (S) 1.1, at the end of the definition of "Guaranty Decision" the full
stop shall be replaced by a comma and there shall be added as a new paragraph
"and the Memorandum of Understanding ("Gemeinsame Feststellungen") of 19
February 1997, the Amendment Decision of 12 December 1997 and the letter from
C&L Deutsche Revision AG dated 5 January 1998," after the words "in the edition
dated 1993 F 12.10.1990".
2.6 In (S) 1.1, in the definition of "Cost Overrun", "initial" shall be
deleted.
2.7 In (S) 4.1.1, the following changes shall be made:
(i) the first sentence will be replaced as follows:
"4.1.1 Advances shall be made up to the cumulative limit in each
Project Phase set out in the Drawdown Schedule in accordance with the
Project Schedule which limit shall not, however, without the prior
written consent of the Guarantor, be greater than the maximum
guaranty amount for any calendar year prescribed by the Guarantor
pursuant to Schedule 63."
(ii) the second paragraph will be replaced as follows:
"Drawdowns in any Project Phase are permitted only in the amount of
Project Costs which have been incurred during the same Project Phase,
as the same are documented by invoices and other supporting evidence
to be
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998