AMD 1997 Annual Report Download - page 148

Download and view the complete annual report

Please find page 148 of the 1997 AMD annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 213

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213

2.12 (S) 6.9 shall be replaced by the following:
"6.9 All payments to be made by AMD Saxonia to the Banks pursuant to the
terms of this Loan Agreement shall at all times be made to the Paying
Agent's account no. 0809580200 with Dresdner Bank in Frankfurt or such
other account as may be specified by the Paying Agent on the relevant due
date. The Security Agent is hereby also authorised to debit the relevant
amounts due from AMD Saxonia's [***] with the Security Agent in Dresden on
or after the due date and to pay the same to the Agent for distribution to
the individual Banks. Payments made otherwise than in accordance with this
provision shall not constitute good discharge in favour of AMD Saxonia".
2.13 In (S) 7.1, "2006" shall be deleted and shall be replaced by "2005".
2.14 In (S) 7.2, the repayment schedule shall be deleted and replaced by the
following repayment schedule:
- ------------------------------------------------------------------------------------------
INSTALMENTS PERCENTAGE OF THE AGGREGATE PRINCIPAL
AMOUNT OF THE FACILITIES OUTSTANDING AT
THE END OF THE AVAILABILITY PERIOD
PURSUANT TO (S) 4.2
- ------------------------------------------------------------------------------------------
first and second instalment 6.50 % each
- ------------------------------------------------------------------------------------------
third and fourth instalment 13.50 % each
- ------------------------------------------------------------------------------------------
fifth and sixth instalment 14.25 % each
- ------------------------------------------------------------------------------------------
seventh and eighth instalment 10.50 % each
- ------------------------------------------------------------------------------------------
ninth and tenth instalment 5.25 % each
- -------------------------------------------------------------------------------------------
2.15 (S) 8.1.6 shall be replaced by the following:
"8.1.6 a first priority land charge over real property registered in
the Land Registry of the Dresden County Court, Dresden von Wilschdorf
parcels numbers 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 of AMD Saxonia in respect of an amount of DM
1,650,000,000 together with interest in an amount of 15 % per annum
together with a lump sum payment in an amount of 5 % of the total
charge amount as an immediately enforceable charge without prior
charges in Section III of the Register in favour of the Security
Agent together with a personal acknowledgement of enforceability by
AMD Saxonia to be granted in the form set out in Schedule 43;"
-----------
2.16 In (S) 15.1.5, the second sentence will be replaced as follows:
"For this purpose, "Opinion Reservations" means limitations on the
enforceability of legal documents which are subject to German law or
the law of the U.S.A. or one of its states to the extent that in
respect of these
*** CONFIDENTIAL TREATMENT IS REQUESTED FOR THE MARKED LANGUAGE
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998