AMD 1994 Annual Report Download - page 118

Lessee at the time, in the manner and as provided in the Loan Agreement or
as directed by Lender."
24. End of Lease Term. In Section 37, the phrase "and subject to the
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Obligations of Lessee as provided for at Section 41" is hereby inserted after
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"termination of this Lease" in the first sentence.
25. Purchase and Remarketing of Leased Property. In Section 41, the
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phrase "payment of the Balance Due and the" is hereby inserted immediately
preceding the phrase "purchase and sale".
26. Lessee's Option to Purchase. Section 41.1(a) is hereby deleted and
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replaced with the following:
41.1 Lessee's Option to Purchase. (a) Subject to the terms and
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conditions and provisions set forth in this Section 41.1, Lessee shall have
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the option (the "Purchase Option"), to be exercised as set forth below at
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any time on or before the Option Termination Date (as hereinafter defined),
to purchase from Lessor at any time during the Fixed Term Lessor's interest
in the Leased Property. Such option must be exercised by written notice to
Lessor, which exercise shall be irrevocable; and such exercise notice will
specify the closing date, which must occur on an Installment Date, for
Lessee's purchase of the Leased Property, which date shall not be more than
sixty (60) days following Lessor's receipt of such notice but in no event
later than the Expiration Date, and the closing of the conveyance of the
Leased Property shall occur on such date. In such event, subject to the
provisions set forth in this Section 41, on such closing date, Lessor shall
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convey to Lessee, and Lessee shall purchase from Lessor, Lessor's interest
in the Leased Property. The purchase price to be paid by Lessee for the
Leased Property shall be an amount equal to the Balance Due as of the
closing date of Lessee's purchase of the Leased Property. As a condition to
Lessor's obligations hereunder, Lessee shall also pay to Lessor all Basic
Rent, Additional Rent and other amounts that may have accrued as of such
date.
27. Purchase. Section 41.2 is hereby deleted and replaced with the
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following:
41.2 Expiration Date Obligation to Pay and Purchase. Unless Lessee
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shall have exercised the Purchase Option, then, subject to the terms,
conditions and provisions set forth in this Section 41, Lessee shall be
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required to purchase all of Lessor's interest in the Leased Property and
pay to Lessor the Balance Due as of the Expiration Date
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995