AMD 2001 Annual Report Download - page 135

accrue from the most recent date to which interest has been paid, or if no
interest has been paid, from January 29, 2002, until the Principal Amount is
paid or duly made available for payment. Notwithstanding the foregoing, on the
close of business on August 1, 2008, August 1, 2011 and August 1, 2016 (each, a
"Step-up Date"), the interest rate on this Security shall be automatically
reset, and this Security shall accrue interest, from such Step-up Date, to but
excluding the next succeeding Step-up Date, or, in the case of February 1, 2022,
until the Principal Amount is paid or duly made available for payment, at a rate
per annum equal to the interest rate payable 120 days prior to such Step-up Date
on 5-year U.S. Treasury Notes plus 0.43%, provided, in no event shall the
interest rate on this Security be reset below 4.75% per annum or above 6.75% per
annum. Any change in the interest rate pursuant to the preceding sentence shall
not have any effect on any other provision of the Indenture or this Security.
Except as otherwise provided in the Indenture, the interest payable on this
Security pursuant to the Indenture on any February 1 or August 1 will be paid to
the Person in whose name this Security (or one or more Predecessor Securities)
is registered at the close of business on the Regular Record Date, which shall
be the January 15 or July 15 (whether or not a Business Day) next preceding such
February 1 or August 1, respectively; provided that, any such interest not
punctually paid or duly provided for shall be payable as provided in the
Indenture. Payment of the principal of and interest accrued on this Security
shall be made by check mailed to the address of the Holder of this Security
specified in the register of Securities, or, at the option of the Holder of this
Security, at the Corporate Trust Office, in such lawful money of the United
States of America as at the time of payment shall be legal tender for the
payment of public and private debts; provided, however, that, with respect to
any Holder of Securities with an aggregate principal amount in excess of
$5,000,000, at the request of such Holder in writing to the Company, interest on
such Holder's Securities shall be paid by wire transfer in immediately available
funds in accordance with the written wire transfer instruction supplied by such
Holder from time to time to the Trustee and Paying Agent (if different from the
Trustee) at least two days prior to the applicable Regular Record Date; provided
that any payment to the Depositary or its nominee shall be paid by wire transfer
in immediately available funds in accordance with the wire transfer instruction
supplied by the Depositary or its nominee from time to time to the Trustee and
Paying Agent (if different from Trustee) at least two days prior to the
applicable Regular Record Date.
Reference is made to the further provisions of this Security
set forth on the reverse hereof, including, without limitation, provisions
giving the Company the right to repurchase this Security commencing February 5,
2005 under certain circumstances and otherwise on February 5, 2006 and the
Holder of this Security the right to convert this Security into Common Stock of
the Company and the right to require the Company to repurchase this Security on
certain dates and upon certain events, in each case, on the terms and subject to
the limitations referred to on the reverse hereof and as more fully specified in
the Indenture. Such further provisions shall for all purposes have the same
effect as though fully set forth at this place.
This Security shall be deemed to be a contract made under the
laws of the State of New York, and for all purposes shall be construed in
accordance with and governed by the laws of said State.
3
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 2002