AMD 1997 Annual Report Download - page 165
Download and view the complete annual report
Please find page 165 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
 |
 |
Sponsors to AMD Saxonia prior to the Loan Agreement Effective
Date shall be taken into account in determining whether the
Sponsors shall have complied with their obligations under this
Article II;" and
----------
(b) para (iii) (a) shall be replaced as follows:
"(iii) (a) any Sponsors' Loan made by either Sponsor pursuant to
this Agreement or the Sponsors' Loan Agreement before or
after the Loan Agreement Effective Date, including
without limitation, the additional Sponsors' Loan in an
amount of $34,000,000 made by AMD Inc. to AMD Saxonia on
26 September 1997 and referred to in Section 3.5 below;
-----------
or"
(v) Section 3.1 shall be replaced as follows:
"SECTION 3.1 Undertaking to Make Class A, Class B and Class C Sponsors'
Loans. The Sponsors, jointly and severally, hereby undertake that either
Sponsor or both of the Sponsors will make Sponsors' Loans to AMD Saxonia:
(i) in an aggregate principal amount of at least DM 290,000,000 (two
hundred ninety million Deutsche Marks) for all such Sponsors' Loans,
the exact amount thereof being equal to the Deutsche Mark Equivalent
of $200,000,000 (two hundred million Dollars) for all such Sponsors'
Loans, as contemplated by Section 3.2 (the "Class A Sponsors' Loans");
----------- -----------------------
(ii) in an aggregate principal amount of up to an additional DM
145,000,000 (one hundred forty five million Deutsche Marks) as
contemplated by Section 3.3 (the "Class B Sponsors' Loans"); and
----------- -----------------------
(iii) in an aggregate principal amount of $70,000,000 (seventy million
Dollars) as contemplated by Section 3.4 (the "Class C Sponsors'
----------- -----------------
Loans").
For the avoidance of doubt:
(i) the obligations of the Sponsors under the Sponsors' Loan Agreement are
intended to reflect, rather than to be in addition to, the obligations
of the Sponsors pursuant hereto;
(ii) with the exception of the additional Sponsors' Loan in an amount of
$34,000,000 made by AMD Inc. to AMD Saxonia on 26 September 1997 and
referred to in Section 3.5 below, Sponsors' Loans and/or contributions
-----------
(to the extent, but only to the extent, not otherwise taken into
account in determining whether AMD Holding has complied with its
obligations under Article II) by AMD Holding to AMD Saxonia's capital
reserves made to AMD Saxonia prior to the Loan Agreement Effective
Date shall be taken into account, to the
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998