AMD 1997 Annual Report Download - page 147

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furnished together with the Drawdown Notice, as required below.
Drawdowns in a current Project Phase are however permitted in
respect of Project Costs which are shown to have been incurred in
respect of an invoice for goods or services performed or delivered,
submitted in the last thirty days prior to the end of a prior
Project Phase and which have been included in full in the first
Drawdown Notice of such current Project Phase."
2.8 (S) 5.1.4 shall be replaced by the following:
"5.1.4 Receipt of an extract from the Land Register confirming that
AMD Saxonia has been registered in the Register as the owner of
parcels referred to as nos. Folio 851 parcels nos. 150/2, 121/2, 122,
123, 124, 125/2, 126, 127, 128/2, 129/3, 130, 131, 132, 133/1, 134,
135, 136, 137, 138, 139, 140, 141, 142, 143, 143a, 144, 145, 146,
147, 148, 149, 151/2, 152, 153, 154/2, 155, 156, 157, 158, 159,
160/1, 160/2, 161, 162, 694/1 in the County Court of Dresden von
Wilschdorf and that the land charge to be granted in accordance with
(S) 8.1.6 has been registered and that there are no prior registered
charges."
2.9 In (S) 5.1.6, the following amendments shall be made:
(i) para. (xii) shall be replaced by the following:
"(xii) copies, certified by a lawyer as true copies, of Material
Equipment Supply Contracts and Material Service Contracts (to the
extent executed as at the date of the initial Drawdown Notice),
including relevant Consents and Agreements in the form set out in
Schedule 40, Annex 3 of Schedule 49 or in such other form as the
----------- -----------
Agent has consented to as well as all other Consents and Agreements
required in accordance with the Security Documents in the form set
out in Schedules 49 and 55;"
------------ --
(ii) para (xvi) shall be replaced by the following:
"(xvi) confirmation in writing from the State Ministry of Saxony for
Economics and Labour that it has received a Letter from the European
Commission confirming its non-objection to the interest subsidies to
be paid under the Subsidy Agreements."
2.10 (S) 5.1.15 shall be replaced by the following:
"5.1.15 The Technical Advisor has received the Plans and
Specifications in form and substance satisfactory to the Technical
Advisor and the Agent has received confirmation in writing, to that
effect."
2.11 In (S) 5.2.5 "certified copy" shall be deleted and replaced with "a copy
certified by a lawyer".
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998