AMD 1998 Annual Report Download - page 179

EXHIBIT F
RECORDING REQUESTED BY, AND
WHEN RECORDED RETURN TO:
___________________________
SUBORDINATION, NON-DISTURBANCE AND ATTORNMENT AGREEMENT
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RECITALS
This SUBORDINATION, NON-DISTURBANCE AND ATTORNMENT AGREEMENT ("AGREEMENT")
is entered into as of this ____ day of __________, ____, by and among ADVANCED
MICRO DEVICES, INC., a Delaware corporation ("TENANT"). __________________, a
________________ corporation ("LENDER") and DELAWARE CHIP LLC, a Delaware
limited liability company ("LANDLORD").
A. Pursuant to a Lease Agreement dated as of December 22, 1998 (the
"LEASE") between Landlord and Tenant, Tenant is leasing from Landlord all of
that certain real property located in the County of Santa Clara, State of
California, more particularly described in Exhibit A attached hereto, together
with the buildings improvements located thereon (hereinafter referred to as the
"PROPERTY").
B. Lender intends to make a loan to Landlord in the amount of $ _____.00
with interest thereon (the "LOAN"), evidenced by a certain Promissory Note
secured by a Deed of Trust, Security Agreement and Fixture Filing of even date
herewith (together with any consolidations, replacements, extensions,
modifications and renewals thereof and any other mortgage on the Property which
may hereafter be held by Lender, the "SECURITY INSTRUMENT"), constituting a
valid lien upon the Property and secured by an assignment of Landlord's interest
in the Lease as more particularly set forth in a certain Assignment of Leases
and Rents (the "ASSIGNMENT").
C. As a condition precedent to funding the Loan, Lender has required that
Landlord and Tenant make certain agreements with Lender with respect to the
Lease.
NOW, THEREFORE, in consideration of the foregoing facts and mutual
covenants contained herein, the parties hereto do hereby agree as follows:
1. ASSIGNMENT; PAYMENT. Tenant hereby acknowledges and agrees that it has
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notice that the Lease and the rent and all other sums due thereunder have been
assigned or are to be assigned to Lender as security for the obligations secured
by the Security Instrument and agrees to such assignment. Tenant agrees to pay
such sums due under the Lease directly to Lender. In complying with these
provisions. Tenant shall be entitled to rely solely upon the notices given by
Lender and Landlord hereby permits said direct payments to be made. Tenant shall
be entitled to full credit under the Lease for any rents paid to Lender in
accordance with the provisions of this Paragraph to the same extent as if such
rents were paid directly to Landlord.
Source: ADVANCED MICRO DEVIC, 10-K, March 29, 1999