AMD 1997 Annual Report Download - page 149
Download and view the complete annual report
Please find page 149 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.-
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
 |
 |
circumstances qualifications are expressly made in the legal opinions
which are to be furnished to the Agent pursuant to (S) 5.1.11 and
which are to be approved by the Agent."
2.17 (S) 16.2.6, shall be replaced by the following:
"16.2.6 AMD Saxonia will furnish to the Agent:
(i) within ten (10) Banking Days after the end of each calendar month a status
report relating to the progress of construction in the form set out in
Schedule 8; and
----------
(ii) a Statement as to the Use and Source of Funds in accordance with Schedule
--------
16 as follows:
--
(a) within ten (10) Banking Days after the end of each quarter and within
ten (10) Banking Days after the end of each Project Phase, signed by
the Project Manager; and
(b) within thirty (30) Banking Days after the end of each quarter and
within thirty (30) Banking Days after the end of each Project Phase,
signed by the Auditor,
PROVIDED THAT the Project Manager shall be entitled to furnish to the Agent an
update of the Statement as to the Use and Source of Funds delivered by it
under (S) 16.2.6 (ii) (a) no later than the time of delivery of the
Auditor's Statement referred to in (S) 16.2.6 (ii) (b) above."
2.18 [Corresponding change to (S) 19.2 in the English text not necessary]
2.19 In (S) 19.3, "and assets" shall be inserted after "securities" and in
(S) 19.6 "and securities" shall be deleted and replaced by "securities and
assets".
2.20 In (S) 19.4, the first sentence shall be deleted and replaced by the
following sentence:
"If the balance standing to the credit of the Project Accounts (excluding
the reserve account) after 1 January, 1999 and before Completion,
exceeds in the aggregate an amount of DM 20,000,000, on the first day
on which banks are open for business in Dresden in the months
January, April, July and October of each year, AMD Saxonia shall
transfer all amounts in excess thereof on such date to a reserve
account to be maintained with the Security Agent until the amount
standing to the credit of the reserve account reaches an amount of DM
72,500,000 (Minimum Reserve Amount), whereby AMD Saxonia shall be
obliged to comply always with all agreed terms of payments, except as
otherwise agreed with the Agent."
2.21 In (S) 21.2, the following changes shall be made:
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998