AMD 2002 Annual Report Download - page 154

which do not, individually or in the aggregate, reduce or adversely affect the value of the Plant and the Design Center in any material respect or the capacity and
purpose of the Plant as set out in the plans and specifications as originally approved by the Technical Advisor and the Agent for purposes of the Operative
Documents shall not require the consent of the Agent.
“Plant” means the advanced silicon wafer production facility constructed or to be constructed by AMD Saxonia in or near Dresden, Germany to
manufacture integrated circuits in wafer form using high-volume semi-conductor wafer fabrication processes.
“Primary Secured Obligations” means, at the time any determination thereof is to be made, all Secured Obligations then owing and, whether or not then
owing, all Secured Obligations in respect of the principal of and interest on the Advances.
“Project” has the meaning assigned to that term in thefirst recital of this Agreement.
“Project Accounts” means the account or accounts referred to and opened pursuant in § 19.1 of the Loan Agreement (including any sub-accounts into
which any such account may be divided), as such account may be renewed, redesignated, or renumbered from time to time.
“Project Agreements” means, collectively, the Wafer Purchase Agreements, the Research Agreements, the Management Service Agreement, the License
Agreement, the Design/Build Agreement, the Equipment Supply Contracts, the Service Contracts, the AMD Inc. Guaranty, and each other instrument or
document designated by the Agent (with the consent of each AMD Company) as a Project Agreement under and for purposes of this Agreement.
“Project Budget” means the budget, in the form set out inSchedule 6 to the Loan Agreement, with such changes (if any) to its form as the Agent may from
time to time reasonably require, of projected Capital Expenditure for the implementation of the Project and the Project Phases in the implementation of the
Project prior to Completion, including a detailed projected sources and uses of funds statement, broken down for each Project Phase on a Fiscal Quarter by Fiscal
Quarter basis, as prepared by AMD Saxonia and approved by each Sponsor in accordance with the Management Plan and the Project Schedule, such approval not
to be unreasonably withheld or delayed.
“Project Costs” means all Capital Expenditure and other costs which are incurred by AMD Saxonia in connection with the Project.
“Project Phase” means each project phase set out in the Approved Project Schedule contemplated for the implementation of the Project.
“Project Schedule” means the schedule, in the form set out inSchedule 7 to the Loan Agreement, with such changes (if any) to its form as the Agent may
from time to time reasonably require, of Project Phases to be achieved during the construction of the Project prior to Completion, as prepared by AMD Saxonia
and approved by each Sponsor, such approval not to be unreasonably withheld or delayed.
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Source: ADVANCED MICRO DEVIC, 10-K, March 14, 2003