AMD 1995 Annual Report Download - page 176

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de-registration shall be completed with the original registration
department.
A mortgagee or any third party which, in accordance with the relevant
stipulations, obtains as a result of the disposal of the mortgaged
properties the right to the use of the land which is mortgaged, and
Party B shall, within 15 days of the realisation of the mortgage
rights, jointly complete with Party A the formalities for
registration of the change in the right to the use of the land.
Clause 29 Any mortgagee or third party which replaces Party B in accordance
with Clause 28 of this Contract shall enjoy the rights and interests
and be bound by the obligations provided in this Contract.
CHAPTER 9 EXPIRATION OF THE TENURE
Clause 30 Upon the expiration of the tenure of use of the land provided in this
Contract, Party A shall be entitled to withdraw, without providing
any compensation, the right to the use of the land, and obtain,
without providing any compensation, the ownership of the above ground
buildings and other attached objects thereon. The Land User shall
surrender the certificate for the use of the land and shall in
accordance with the stipulations, complete the formalities for the
de-registration of the right to the use of the land. In the event
that the formalities for such de-registration are not commenced
within 30 days of the expiration of the tenure of use of the land,
Party A shall, in accordance with the stipulations, de-register the
right to the use of the land.
13
Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 1996