AMD 1997 Annual Report Download - page 154
Download and view the complete annual report
Please find page 154 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
 |
 |
3.1.9 an opinion addressed to the Board of Directors of AMD Inc. of a
recognized first class US financial advisory firm, confirming that the
transactions contemplated by the supplemental agreements to the Operative
Documents referred to above and the Operative Documents (as thereby amended) to
which AMD Inc. is a party are, taken as a whole, fair to AMD Inc. from a
financial point of view;
3.1.10 legal opinion of O'Melveny & Myers LLP counsel to AMD Inc., in the
form set out in Schedule 7 relating to the Senior Secured Note Indenture dated
as of August 1, 1996 referred to in (S) 15.1.13 of the Loan Agreement and the
Credit Agreement dated as of July 19, 1996 also referred to in that section;
3.1.11 legal opinion of O'Melveny & Myers LLP legal counsel to the AMD
Companies, in the form set out in Schedule 7;
----------
3.1.12 legal opinion of Norr, Stiefenhofer & Lutz legal counsel to the AMD
Companies, in the form set out in Schedule 8;
----------
3.1.13 legal opinion of Doser Amereller Noack / Baker & McKenzie legal
counsel to the Agent and the Banks, in the form set out in Schedule 9;
----------
3.1.14 legal opinion of Feddersen Laule Scherzberg & Ohle Hansen Ewerwahn
legal counsel to the Agent and the Banks, in the form set out in Schedule 10;
-------- --
3.1.15 Confirmation of the Insurance Advisor confirming in particular that
AMD Saxonia maintains insurances in accordance with (S) 17.8 of the Loan
Agreement and Schedule 22 of the Loan Agreement; and
-----------
3.1.16 confirmation in writing from the Technical Advisor that the
Technical Advisor has received updated Plans and Specifications, the contents of
which are satisfactory to the Technical Advisor.
(S) 4
REPRESENTATIONS AND WARRANTIES
4.1 AMD Saxonia hereby represents and warrants to the Banks as follows:
4.1.1 AMD Saxonia and AMD Holding have taken all necessary steps and have
obtained all necessary approvals to enter into legally binding obligations under
this Supplemental Agreement and the Supplemental Agreements to the Operative
Documents referred to in (S)(S) 3.1.1 to 3.1.8 inclusive and to exercise their
rights arising thereunder.
4.1.2 The execution of this Supplemental Agreement and the supplemental
agreements to the Operative Documents referred to in (S)(S) 3.1.1 to 3.1.8
inclusive by AMD Saxonia, AMD Holding and AMD Inc. and the compliance by each of
them of their obligations thereunder and the exercise by each of them of their
rights thereunder:
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998