AMD Inc. assumes an independent guaranty pursuant to § 311 (1) BGB (German Civil Code) and warrants that AMD Fab 36 will receive all Services according to Section 1.1 which are reasonably necessary to erect the factory and to enable and further develop the production as well as research and development. The sole legal consequence of this no-fault warranty shall be that AMD Fab 36 Holding, insofar as the AMD Fab 36 Cost Plus Reimbursement Agreement is concerned, cannot invoke bad performance or non-performance by AMD Fab 36, and that AMD Inc., insofar as the AMD Fab 36 Holding Cost Reimbursement Agreement is concerned, cannot invoke bad performance or non-performance by AMD Fab 36 Holding; there shall be no other legal consequences under this warranty.
Appears in 1 contract
Sources: Amd Fab 36 Management Services Agreement (Advanced Micro Devices Inc)
AMD Inc. assumes an independent guaranty pursuant to § 311 (1) BGB (German Civil Code) and warrants that AMD Fab 36 X will receive all Services according to Section 1.1 which are reasonably necessary to erect the factory and to enable and further develop the production as well as research and development. The sole legal consequence of this no-fault warranty shall be that AMD Fab 36 X Holding, insofar as the AMD Fab 36 X Cost Plus Reimbursement Agreement is concerned, cannot invoke bad performance or non-performance by AMD Fab 36X, and that AMD Inc., insofar as the AMD Fab 36 X Holding Cost Reimbursement Agreement is concerned, cannot invoke bad performance or non-performance by AMD Fab 36 X Holding; there shall be no other legal consequences under this warranty.
Appears in 1 contract
Sources: Management Service Agreement (Advanced Micro Devices Inc)