AMD 2004 Annual Report Download - page 404

shall not exist in this respect. The waiver of claims for damages, in particular in relation to § 839 Civil Code, shall be deemed to be a contractual
obligation for the benefit of third parties. Technical data and technical details shall be protected comprehensively. In this respect, there shall be no
restriction on liability according to sentence 1 above.
§ 16 Interest
All interest under this Agreement and the attached Partnership Agreements, shall be calculated pursuant to the 365/360 method.
§ 17 EU Reservation
The grant of the allowances envisioned in this Agreement (investment grants, investment allowances and guarantee) require the approval of the
Commission of the European Union.
§ 18 Conditions Precedent
18.1 With the exception of the provisions of Sections 5.2, 18, 20, 21, 22, 23, and 24 which become effective upon the signature of this Agreement, this
Agreement is subject to the following conditions precedent:
18.1.1 announcement of exemption or clearance by the Federal Cartel Office, or expiry of the relevant waiting periods,
18.1.2 evidence of the granting of the EU approval of the subsidies according to Section 5;
18.1.3 consent of the competent bodies of the federal government to the federal/state guarantee securing the bank loans for Fab X;
18.1.4 consent and/or noting with approval, by the Budget and Finance Committee of Saxony,
18.1.5 provision of the overall financing, in which connection the Syndicated Loan Agreement with Dresdner Bank/Dresdner Kleinwort
Wasserstein or another replacement arranger/underwriter may include customary conditions to disbursement
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Source: ADVANCED MICRO DEVIC, 10-K, March 01, 2005