AMD 2002 Annual Report Download - page 157

such other form as is consented to by the Security Agent, which pertains to a Material Service Contract or which is otherwise required pursuant to the terms of
the Loan Agreement or the Security Documents.
“65/35 Bürgschaft” means the several maximum amount shortfall guaranties issued by each of the Free State of Saxony (26%) and the Federal Republic of
Germany (39%) in accordance with the Guaranty Decision up to a maximum aggregate amount of DM 975,000,000 (nine hundred and seventy five million
Deutsche Marks), together with 65% of the shortfall of interest and costs, vested with a first right of satisfaction in favour of the Banks over all security granted
by each AMD Company as security for the Banks’ risk of recovery (but subject to a reduction of:
(i) 65 % of payments (if any) made under the Sponsors’ Guaranty; and
(ii) 80 % of any proceeds of realisation received by the Security Agent and/or the Banks from the ATPC Security Assets (as defined or referred to in the
AMD Saxonia Assignment of Fixed Assets) in accordance with the AMD Saxonia Assignment of Fixed Assets,
against the Guarantors’ obligations under the aforesaid shortfall guaranties).
“Sponsors” has the meaning assigned to that term in theintroduction to this Agreement.
“Sponsors’ Consent and Agreement” means the Sponsors’ Consent and Agreement, in the form set out inSchedule 31 to the Loan Agreement, between the
Sponsors, the Agent, and the Security Agent.
“Sponsors’ Disclosure Schedule” means the Disclosure Schedule attached asSchedule II, as it may be amended, supplemented, or otherwise modified
from time to time by the Sponsors with the written consent of the Agent.
“Sponsors’ Guaranty” means the Sponsors’ Guaranty, in the form set out inSchedule 32 to the Loan Agreement, executed by the Sponsors in favour of the
Agent and the Security Agent for the benefit of the Secured Parties, as amended.
“Sponsors’ Loan Agreement” means the Sponsors’ Loan Agreement, in the form set out inSchedule 29 to the Loan Agreement, between the Sponsors, as
lenders, and AMD Saxonia, as borrower.
“Sponsors’ Loans” means all loans made or to be made by AMD Inc. or AMD Holding to AMD Saxonia in accordance with the terms of the Sponsors’
Loan Agreement, which loans are subordinated in accordance with the Sponsors’ Subordination Agreement.
“Sponsors’ Subordination Agreement” means the Sponsors’ Subordination Agreement, in the form set out inSchedule 30 to the Loan Agreement,
executed by the Sponsors, AMD Saxonia, and the Security Agent.
31
Source: ADVANCED MICRO DEVIC, 10-K, March 14, 2003