AMD 1995 Annual Report Download - page 149

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from the date of delivery or vacant possession and shall on demand
reimburse Party A for such taxes, outgoings and penalties as may have been
paid by Party A with Party B's prior consent on Party B's behalf upon
showing of an appropriate receipt or other evidence of such payments.
4.5 In the event that Party B fails to perform any of the obligations which
have been transferred to it or any of the obligations imposed on it by this
Contract, or is in breach of any of the provisions of this Contract, Party
B shall indemnify Party A from and against all losses, damages, expenses,
penalties, costs, claims or liabilities whatsoever which Party A may
sustain suffer or incur as a result thereof:
4.6 Party B has carried out topographical survey and soil tests on the Land
Parcel before the signing of this Contract and the results of the survey
and tests are annexed hereto and marked as Annexure 7 of this Contract for
record purposes only. Party B hereby confirms that it has no claims
whatsoever against Party A in respect of the location, state, condition,
access and all other respects of the Land Parcel, including but not limited
to its ground levels, topography and soil conditions. Party B shall not be
entitled to raise any objection against Party A with regard to the same.
CHAPTER 5 LAND CONDITION AND INFRASTRUCTURE
5.1 Party A will at its own cost and expense level and compact the Land Parcel.
5.2 Party B will at its own cost and expense :-
(a) engage a professional engineer to carry out soil investigations to
advise on the soil conditions of the Land Parcel and to design
structurally sound buildings proposed to be erected thereon, taking
into consideration the condition of the Land Parcel;
(b) execute such work as may be required to be done in respect of the
state and condition of the Land Parcel.
5.3 Party A shall cause to be constructed up to the boundary of the Land Parcel
electrical power supply cable, town gas pipe, sewer pipe, water pipe and
access road in accordance to the specifications more particularly detailed
in Annexure 8 of this Contract (hereinafter referred to as "the Public
Basic Infrastructure").
5.4 Party A shall complete the construction of the Public Basic Infrastructure
not later than 30 September 1996. In the event that the Public Basic
Infrastructure is not completed by the aforesaid date, Party B shall be
entitled, after giving to Party A three (3) months' notice in writing, to
carry out any necessary works to complete the Public Basic Infrastructure,
the cost of which shall be borne by Party A.
Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 1996