Delta Airlines 2003 Annual Report Download - page 181

correctness or accuracy of the CUSIP number printed in the notice or on the
Notes and that reliance may be placed only on the other identification numbers
printed on the Notes. The Company will promptly notify the Trustee of any change
in the CUSIP number.
SECTION 2.14 Restrictions on Transfer.
The Company agrees that it will refuse to register any transfer of
Notes or any shares of Common Stock issued upon conversion of Notes that is not
made in accordance with the provisions of Regulation S under the Securities Act,
pursuant to a registration statement which has been declared effective under the
Securities Act or pursuant to an available exemption from the registration
requirements of the Securities Act; provided that the provisions of this
paragraph shall not be applicable to any Notes which do not bear a Restricted
Securities Legend or to any shares of Common Stock evidenced by certificates
which do not bear a Restricted Common Stock Legend.
ARTICLE 3
COVENANTS
SECTION 3.01 Payments on the Notes.
The Company shall pay the principal of and interest and Liquidated
Damages, if any, on the Notes on the dates and in the manner provided in the
Notes. Principal, interest, Liquidated Damages, if any, Redemption Price,
Purchase Price and Designated Event Repurchase Price, as applicable, shall be
considered paid on the date due if the Trustee or Paying Agent (other than the
Company or a subsidiary of the Company) holds as of 10:00 a.m., New York City
time, on that date immediately available funds designated for and sufficient to
pay all principal, interest, Liquidated Damages, if any, Redemption Price,
Purchase Price or the Designated Event Repurchase Price then due.
To the extent lawful, the Company shall pay interest (including
post-petition interest in any proceeding under any Bankruptcy Law) on (i)
overdue principal, at the rate borne by the Notes, compounded semiannually; and
(ii) overdue installments of interest and Liquidated Damages, if any (without
regard to any applicable grace period) at the same rate, compounded
semiannually.
SECTION 3.02 Commission Reports.
The Company shall comply with TIA Section 314(a). Whether or not
required by the rules and regulations of the Commission, so long as any of the
Notes are outstanding, the Company shall file with the Commission and furnish to
the Trustee all quarterly and annual financial information (without exhibits)
required to be contained in a filing on Form 10-Q and Form 10-K, including a
"Management's Discussion and Analysis of Financial Condition and Results of
Operations," and, with respect to the annual consolidated financial statements
only, a report thereon by the independent auditors of the Company.
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