SanDisk 2004 Annual Report Download - page 101
Download and view the complete annual report
Please find page 101 of the 2004 SanDisk annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111 -
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
 |
 |
Article 17. Inspection
Lessor and parties designated by Lessor may enter offices, plants, facilities, and premises of Lessee or location of the Property or
Parts in order to inspect the condition, installation, use, operation, storage, keeping, maintenance and the like of the Property,
providing to Lessee a prior notice of at least 5 Bank Business Days. Provided that such inspection shall be conducted in a manner
not to disturb normal business of Lessee or location of the Property or Parts, and Lessor and parties designated by Lessor shall
comply with restrictions concerning confidentiality, safety and security of Lessee or location of the Property or Parts.
Article 18. Encumbrances
1. Lessee shall not establish, approve or cause to be created any Encumbrances with respect to the Property, the Parts or rights or
interests under this Agreement, except for Encumbrances arising from (i) any right of Lessor and Lessee provided for in this
Agreement, (ii) lien or any other similar security right of employees, maintenance and repair service providers and the like arising
in the course of normal business of Lessee, which have not become due, and have no possibility to be executed against the relevant
property and (iii) any right under the Relating Agreements (including various contracts for loan and security contemplated under
the Relating Agreements) of Lessor, Lender and their respective successors and permitted assigns.
2. If case of any Encumbrances not covered by the exceptions described in Section 18.1, Lessee shall take appropriate method to
cause such Encumbrances to be extinguished at its own risk and expense.
Article 19. Insurance
1. Lessee shall, for itself or through Guarantors, Toshiba Group Companies or SD Group Companies, execute with an insurance
company with international reputation assured by Lesser an insurance contract to compensate losses and damages to the Property
for the Lease Term at its own risk and expense.
2. In relation to the insurance described in Section 19.1, the insured amount shall not be less than the full amount of the Liquidated
Damages as of the Lease Fee Payment Date immediately preceding to the execution date of such insurance contract.
3. Lessee shall promptly notify Lessor of the occurrence of any insured event, whether Total Loss Event or partial−loss event.
4. In case of recoverable or repairable damage event (partial−loss event) concerning the Property, Lessee shall receive the insurance
money paid for such event. Lessee shall appropriate the whole of such insurance money to recover or repair damaged part of the
Property unless Lessee has already recovered or repaired such damage. In case of the Total Loss Event, the provision of Article 9
shall apply
− 16 −