Delta Airlines 2006 Annual Report Download - page 131

7. TERM 50
7.1 Termination 50
7.2 Survival of Obligations Upon Termination of Financing Arrangements 50
8. EVENTS OF DEFAULT; RIGHTS AND REMEDIES 50
8.1 Events of Default 50
8.2 Remedies 54
8.3 Waivers by Credit Parties 54
9 GUARANTY 55
9.1 Guaranty of Obligations of Borrower 55
9.2 Demand by Secured Parties 56
9.3 Enforcement of Guaranty 56
9.4 Waiver 56
9.5 Benefit of Guaranty 56
9.6 Modification of Obligations, Etc 57
9.7 Waiver of Subrogation, Etc 57
9.8 Election of Remedies 58
10 SECURITY 59
10.1 Security 59
10.2 Perfection of Security Interests 61
10.3 Rights of Lender; Limitations on Lenders’ Obligations 62
10.4 Covenants of the Credit Parties with Respect to Collateral 63
10.5 Performance by Administrative Agent of the Credit Parties’ Obligations 67
10.6 Limitation on Administrative Agent’s duty in Respect of Collateral 67
10.7 Remedies; Rights Upon Default 68
10.8 The Administrative Agent’s Appointment as Attorney-in-Fact 74
10.9 [Reserved] 75
10.10 Intercreditor Issues 75
10.11 Release of Collateral 76
11. ASSIGNMENT AND PARTICIPATIONS; APPOINTMENT OF ADMINISTRATIVE AGENT 77
11.1 Assignment and Participations 77
11.2 Appointment of Administrative Agent 79
11.3 Administrative Agent’s Reliance, Etc 80
11.4 GE Capital and Affiliates 81
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