AMD 2000 Annual Report Download - page 159

in semi-annual repayments in the percentages set out below on the last
Banking Day of the relevant six month period:
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Instalments Percentage of the aggregate principal
amount of the Facilities outstanding at
the end of the availability period
pursuant to (S) 4.2
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first and second instalment 6.50 % each
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third and fourth instalment 13.50 % each
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fifth and sixth instalment 14.25 % each
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seventh and eighth instalment 10.50 % each
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ninth and tenth instalment 5.25 % each
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Each scheduled repayment of the Facilities shall be made, together with
all interest accrued at the due date for repayment and with all other
amounts due under this Agreement at such date.
7.3 AMD Saxonia is entitled to prepay the outstanding amount of the
Facilities, in whole or in part, but not in an amount of less than DM
10,000,000 or, if higher, an integral multiple of DM 5,000,000 or the
total amount outstanding provided that it shall have notified the Paying
Agent (with a copy to the Agent) at least five Banking Days in advance by
notice in writing, substantially in the form of Schedule 5. Each
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repayment shall include accrued interest up to the date of repayment.
7.4 At the latest on 15 August 2002, AMD Saxonia shall make a prepayment of
the outstanding Facilities in an amount equal to the excess (if any) of:
7.4.1 all drawdowns under the Facilities made after Completion,
over
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7.4.2 Capital Expenditure incurred between 1 January 2001 and 1 July 2002, as
set out in the Statement as to the Use and Sources of Funds submitted
pursuant to (S) 16.2.6 (ii) for such period, signed by the Auditor.
7.5 Prepayments shall be applied to payments pursuant to (S) 7.2 in inverse
order of maturity. In the event that the Banks incur a loss arising from
a repayment (save for a repayment at the end of an Interest Period) by
virtue of the fact that the reinvestment of any advances repaid by AMD
Saxonia is only possible at interest rates lower than those agreed with
AMD Saxonia, AMD Saxonia shall indemnify the Banks in respect of
reinvestment losses so incurred as a result of prepayment. In such
circumstances, the Banks shall be entitled to make a claim for the
reinvestment loss which is equal to the difference between the rate of
interest which would have been payable by AMD Saxonia for the relevant
remaining term of the Interest Period on the basis of the applicable
rates and the rate available to the Banks for such period as the
reinvestment rate. For this
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Source: ADVANCED MICRO DEVIC, 10-K405, March 20, 2001