AMD 2000 Annual Report Download - page 125

2.2 Schedules 1, 2, 6, 8, 14 and 16 of the Loan Agreement hereby are and will
be deleted and be replaced by the Schedules 1, 2, 6,8, 14 and 16 referred
to in para. 2.1; Schedule 21 Part I hereby is and will be deleted without
substitution; Schedule 21 Part II hereby is and will be amended and
supplemented in accordance with Schedule 21 referred to in para. 2.1;
Schedules 11, 12 and 13 of the Loan Agreement hereby are and will be
deleted without substitution.
2.3 The land charge to be created pursuant to (S) 8.1.6 of the Loan Agreement
has been extended by notarial declaration of 14 April 1999 to cover the
real property registered in the Land Registry of Wilschdorf (folio 925),
parcels numbers 706 and 707.
2.4 Pursuant to (S) 8.1.6 of the Loan Agreement, AMD Saxonia is obligated to
create a first priority land charge. The land charge has, however, been
registered in the Land Registry of Wilschdorf (folio 851) ranking after a
real servitude in favor of the Energieversorgungscenter Dresden-
Wilschdorf; the same holds true for the real property parcel number 707
(folio 925) which is encumbered with a prior-ranking land charge in the
amount of DM 2.8 million in favor of the City of Dresden. The parties
hereto take note of this situation without, however, releasing AMD Saxonia
from its obligation to create a first priority land charge.
2.5 In addition to the real property referred to in (S)(S) 5.1.4 and 8.1.6 of
the Loan Agreement and in para. 2.3 above, AMD Saxonia acquired other real
property in Boxdorf which is registered in the Land Registry, parcel
number 426 (folio 649). The portion of the real property which will remain
with AMD Saxonia after an intended partial sale and which will probably
have the parcel number 710/3 shall also be encumbered by AMD Saxonia with
a first priority land charge. However, in view of the small size and/or
the small value of such piece of real property, the latter will not be
included in the collective land charge which is already encumbering the
other real property of AMD Saxonia. Therefore, AMD Saxonia undertakes to
create on such piece of real property a first priority land charge in
favor of the Security Agent, in accordance with (S) 8.1.6, with personal
submission to foreclosure and with the amount of the land charge, which
may not be lower than the value of the piece of real property, being
determined by AMD Saxonia and the Security Agent by mutual agreement. The
Banks authorize the Security Agent to do so.
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Source: ADVANCED MICRO DEVIC, 10-K405, March 20, 2001