AMD 2004 Annual Report Download - page 419

(2) Up to the Expected Delivery Date, there has been no event that would make the consummation of the transactions contemplated by the Related
Agreements significantly difficult;
(3) The Lessee has purchased from the Manufacturer the relevant Unit on or before the relevant Expected Delivery Date pursuant to the Original
Purchase Agreement and has obtained the ownership thereof;
(4) The relevant Unit is insured by the insurance effective as of the relevant Expected Delivery Date pursuant to Article 19;
(5) No Event of Default has occurred as to the Lessee;
(6) No event has occurred which constitutes, or which the Lessor reasonably determines may result in, an Event of Total Loss in respect of the relevant
Unit;
(7) The Related Agreements to which the Lessor or the Lessee is to be a party have been executed and delivered by all the parties thereto and continue
in full force and effect;
(8) All of the Lessee’s representations and warranties under Article 20 are correct as of the relevant Expected Delivery Date under the situations
existing on that date; and
(9) There has been no material adverse change in the financial condition of the Lessee.
Article 6 (Related Documents)
1 The Lessee and the Lessor shall respectively follow the procedures required to authorize the execution of this Agreement and the other Related
Agreements and the performance the obligations under this agreements, and provide each other the certificate of seal impression which is affixed to these
agreements (issued within three months prior to the execution date of each agreement), the certified copy of the commercial registry (issued within three
months prior to the execution date of each agreement) and the articles of incorporation (effective as of the execution date hereof).
2 The Lessee shall provide to the Lessor the following documents prior to each Expected Delivery Date:
(1) the original copy of the Written Consent concerning the relevant Unit with a certified date (kakutei hiduke) of the notary public;
(2) the copy of other documents as the Lessor reasonably requires; and
(3) the documents set forth in Clause 5 of Article 19.
Article 7 (Payment of Lease Rent, etc.)
1 In respect of each Individual Transaction, the Lessor shall confirm the amount of Lease Rent for the Lease Rent Calculation Period commencing on the
relevant Lease Rent Payment Date and provide the written notice to the Lessee no later than one month prior to the relevant Lease Rent Payment Date
(excluding the first Lease Rent Payment Date). The Lessee shall pay in
7
Source: ADVANCED MICRO DEVIC, 10-K, March 01, 2005