AMD 1997 Annual Report Download - page 105

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EXHIBIT 10.24(f)
FIFTH AMENDMENT TO CREDIT AGREEMENT
THIS FIFTH AMENDMENT TO CREDIT AGREEMENT (this "Amendment"), is entered
---------
into as of February 26, 1998, among Advanced Micro Devices, Inc., a Delaware
corporation (the "Company"), the "Banks" party to the Credit Agreement
-------
(collectively, the "Banks"), ABN AMRO Bank N.V., as Syndication Agent for the
-----
Banks (the "Syndication Agent"), Canadian Imperial Bank of Commerce, as
-----------------
Documentation Agent for the Banks (the "Documentation Agent"), and Bank of
American National Trust and Savings Association, as Administrative Agent for the
Banks (the "Agent").
-----
WHEREAS, the Company, the Banks, the Syndication Agent, the Documentation
Agent and the Agent are parties to a Credit Agreement dated as of July 19, 1996,
as amended by a First Amendment to Credit Agreement dated as of August 7, 1996,
a Second Amendment to Credit Agreement dated as of September 9, 1996, a Third
Amendment to Credit Agreement dated as of October 1, 1997, and a Fourth
Amendment to Credit Agreement dated as of January 26, 1998 (as so amended, the
"Credit Agreement";
----------------
WHEREAS, the Company has requested that the Majority Banks agree to certain
amendments to the Credit Agreement;
WHEREAS, the Majority Banks have agreed to such request, subject to the
terms and conditions hereof;
NOW, THEREFORE, in consideration of the mutual agreements, provisions and
covenants contained herein, the parties hereto agree as follows:
1. Definitions; Interpretation.
---------------------------
(a) Terms Defined in Credit Agreement. All capitalized terms used in
---------------------------------
this Amendment (including in the recitals hereof) and not otherwise defined
herein shall have the meanings assigned to them in the Credit Agreement.
(b) Interpretation. The rules of the interpretation set forth in
--------------
Section 1.02 of the Credit Agreement shall be applicable to this Amendment and
are incorporated herein by this reference.
2. Amendments to the Credit Agreement.
----------------------------------
(a) Amendments. The Credit Agreement is hereby amended as follows:
----------
(i) Subsection 7.05(f) is hereby amended and restated in its
entirety as follows:
1
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998