AMD 1994 Annual Report Download - page 137

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the Land; (ii) all transfer, sales, recording, value added, use and
similar taxes at any time levied, assessed or payable on account of
the acquisition, occupancy, operation, possession, leasing,
subleasing, construction, repair, rebuilding or use of the Land; (iii)
all taxes, assessments, levies, charges, fees, rents or payments in
lieu of, or as a substitute for, those payments referred to in clauses
(i) and (ii) above or any part thereof, whether or not expressly so
designated; and (iv) all other taxes imposed on, with respect to, or
in connection with the Operative Agreements and the transactions
contemplated thereby, including any sale of the Land pursuant to
Section 41 (all of the foregoing being referred to collectively as
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"Taxes"). The foregoing requirements of this Section 14(a) are subject
----- -------------
to Lessee's rights under Section 17 hereof. If any such Taxes may
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legally be paid in installments, Lessee may pay such Taxes in the
installments due; provided, however, that in such event, Lessee shall
pay all remaining installments (whether or not then due) prior to the
expiration of this Lease or upon termination of this Lease, except if
such expiration occurs as a result of Lessee purchasing the Land
pursuant to Section 41 hereof.
----------
(b) In clause (b), item (iii) is hereby deleted, and item (iv) shall
------------- ---------- ---------
now become item (iii).
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12. Permitted Contests. In Section 17, insert the following in the first
------------------ ----------
sentence after the phrase "suppliers or vendors or lien therefor,": "or the
claims of any other Person affecting the Land or the Building (or any part
thereof) or any Lien therefor,"
13. Risks To Be Insured. In Section 18.1, the reference in clause (x) to
------------------- ------------
Lessor Purchase Price is hereby changed to Balance Due.
14. Total Destruction. In Section 19.3, all references to the term
----------------- ------------
"Casualty Termination Price" are hereby changed to "Casualty Value Payment".
All references to "Lessor Purchase Price" are hereby changed to "Balance Due".
15. Total Taking. In Section 20.3, all references to "Taking Termination
------------ ------------
Price" are hereby changed to "Taking Value Payment". All references to "Lessor
Purchase Price" are hereby changed to "Balance Due".
16. Application of Awards. In Section 20.4, the phrase in clause (iii):
--------------------- ------------ ------------
"Lessor and shall be applied to reduce the Lessor Purchase Price" is hereby
changed to "Lessor as Qualified
-10-
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995