AMD 2000 Annual Report Download - page 138

SYNDICATED LOAN AGREEMENT
-------------------------
between
1. AMD SAXONY MANUFACTURING GMBH, Dresden, registered in the Commercial
Register of the Dresden County Court HRB 13186,
- hereinafter referred to as "AMD Saxonia" -
- as Borrower -
2. DRESDNER BANK AG in Dresden,
- hereinafter also referred to as "Security Agent", as the case may be -
3. The Banks and financial institutions listed in Schedule 1
- the parties referred to at 2 and 3 hereinafter each referred to
as a "Bank" or together as the "Banks", as the case may be -
- as Lenders -.
and
4. DRESDNER BANK LUXEMBOURG S.A.
- hereinafter referred to as the "Agent" or the "Paying Agent",
as the case may be -
PREAMBLE
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1. AMD Saxonia proposes to construct, own and operate a fabrication facility
in Dresden for the manufacture of microchip silicon wafers (the
"Fabrication Facility") together with an integrated research and
development center (the "Design Center") (which together are referred to as
the "Project"). AMD Saxonia is a wholly owned subsidiary of AMD Saxony
Holding GmbH domiciled in Dresden, registered in the Commercial Register of
the Dresden County Court under HRB 13931 ("AMD Holding") whose sole
shareholder is Advanced Micro Devices, Inc., a Delaware corporation of One
AMD Place, Sunnyvale, California 94088 - 3453 ("AMD Inc.").
2. The investment cost required for implementation of the Project is to be
partially financed in an amount of up to DM 1,500,000,000 through the
credit facilities made available to AMD Saxonia on and subject to the terms
and conditions of this syndicated loan agreement (the "Agreement").
3. AMD Inc. has made available to AMD Saxonia, via AMD Holding, equity in the
form of ordinary share capital in an aggregate amount of DM 217,550,000,
together with subordinated loans pursuant to the terms of the Sponsors'
Support Agreement and the Sponsors' Loan Agreement, totalling in aggregate
DM 645,000,000 as at 31 December 1999. Furthermore, AMD Inc. has undertaken
to make available to AMD Saxonia
5
Source: ADVANCED MICRO DEVIC, 10-K405, March 20, 2001