AMD 1997 Annual Report Download - page 170
Download and view the complete annual report
Please find page 170 of the 1997 AMD annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160 -
161 -
162 -
163 -
164 -
165 -
166 -
167 -
168 -
169 -
170 -
171 -
172 -
173 -
174 -
175 -
176 -
177 -
178 -
179 -
180 -
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
 |
 |
(i) The Sponsors shall be required to provide AMD Saxonia with Same Day
Funds in the amount of the Sponsors' Applicable Share of any Cost
Overrun (other than a Deemed Cost Overrun, as to which Section 4.3
(ii) shall apply):
(a) on or prior to the occasion of each drawdown of a Tranche B
Advance, and as a condition to the making thereof; and
(b) promptly following any notice from the Agent or the Technical
Advisor to AMD Inc. to the effect that the Cost to Complete
exceeds the funds otherwise available to AMD Saxonia for such
purpose (including, without limitation, the Available Tranche
A Amount, the Available Tranche B Amount, and the balance, if
any, of collected funds then on deposit in the Operating
Account, together with the then value of the Cash Equivalent
Investments acquired with the proceeds of the Operating
Account).
(ii) If at any time following the funding of a Cash Funded Cost Overrun,
there occurs a shortfall in Minimum Liquidity ("Liquidity Shortfall"),
-------------------
there shall be deemed to have occurred a Cost Overrun (a "Deemed Cost
-----------
Overrun") in an amount equal to whichever is the lesser of:
-------
(a) the total of all the Cash Funded Cost Overruns funded prior to the
date of such Liquidity Shortfall less any Deemed Cost Overruns
funded prior to the date of such Liquidity Shortfall; and
(b) the Liquidity Shortfall,
and the Sponsors undertake, jointly and severally, to provide AMD
Saxonia with Same Day Funds promptly after the date of such Liquidity
Shortfall in an amount equal to the Sponsors' Applicable Share of such
Deemed Cost Overrun.
SECTION 4.4 Post Completion Adjustment. Following Completion, if:
(i) AMD Holding has made contributions to AMD Saxonia's Equity Capital (or
other contributions to AMD Saxonia's capital reserves), other than
contributions of the minimum Equity Capital referred to in Article II;
----------
or
(ii) a Sponsor has made Sponsors' Loans to AMD Saxonia (other than Class A
Sponsors' Loans, Class B Sponsors' Loans or Class C Sponsors' Loans),
in either case to enable AMD Saxonia to have sufficient funds to pay Cost
Overruns (the aggregate amount so contributed or lent to AMD Saxonia being
hereinafter called the "Sponsors' Cost Overrun Contribution"), then,
-----------------------------------
provided that no Event of Default, Unmatured Event of Default or Event of
Termination has occurred and is continuing, AMD Saxonia shall, at the
request of a Sponsor, and with the consent of the Agent,
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998