AMD 1995 Annual Report Download - page 178

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Clause 34 A Party which encounters an event of force majeure shall, within 48
hours of the occurrence of such event, give notice to the other Party
in writing by inter alia post or telegram of the circumstances of
such event and shall, within 15 days of the occurrence of such event,
submit to the other Party a report of the reasons for the failure to
perform all or any part of this Contract and for any extension of
time to perform this Contract.
CHAPTER 11 LIABILITY FOR BREACH
Clause 35 A Party which is unable to perform any of the obligations provided in
this Contract shall be liable for breach of contract.
Clause 36 In the event that Party B is unable to exercise its right of
possession over all or any part of the right to the use of the land
for a period of 60 days owing to any fault of Party A, the tenure of
assignment of the right to the use of the land under this Contract
shall be correspondingly extended. Party B shall also be entitled to
terminate this Contract and Party A shall make timely refund of the
fee for the assignment of the right to the use of the land. Party A
shall also pay to Party B damages for breach of contract calculated
at 8% of the total fee for the assignment of the right to the use of
the land.
Clause 37 Party B shall, in accordance with this Contract, pay the fee for the
assignment of the right to the use of the land. In the event that
Party B fails to pay the fee for the assignment of the right to the
use of the land as provided in this Contract for a period of 60 days,
Party A shall be entitled to terminate this Contract and withdraw all
or any part of the right to the use of the land in the assigned Land
Parcel. Any payment of the fee for the
15
Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 1996