Delta Airlines 2006 Annual Report Download - page 174

(vi) Indebtedness under the Post-Petition Skymiles Facility in an aggregate principal amount not to exceed
$350,000,000;
(vii) Indebtedness consisting of intercompany loans and advances made (A) among Credit Parties, (B) among Delta
Companies that are not Credit Parties and (C) by a Credit Party to Aero Assurance, Ltd. or New Sky Ltd. permitted pursuant to Section 6.2(e)(iii), provided,
that (A) to the extent any such loan or advance is evidenced by a promissory note (the “Intercompany Notes”) held by any Credit Party, the applicable Credit
Party shall have pledged and delivered such note to the Administrative Agent pursuant to this Agreement as additional collateral security for the Obligations,
(B) each applicable Credit Party shall record all intercompany transactions on its Books and Records in the ordinary course of business and (C) the obligations
of any Credit Party under any such intercompany loans to any other Delta Company shall be subordinated to the Obligations of such Credit Party under the
Loan Documents in a manner reasonably satisfactory to the Administrative Agent;
(viii) Indebtedness owed to any Lender (or any of its affiliates) or any other Person in connection with Investments
permitted under Section 6.2(g);
(ix) Indebtedness in respect of any overdrafts and related liabilities arising from treasury, depository and cash
management services or in connection with any automated clearing house transfers of funds (but subject to compliance with Section 5.19);
(x) Indebtedness consisting of take-or-pay obligations contained in supply agreements entered into in the ordinary
course of business and consistent with past practices;
(xi) Indebtedness to credit card processors in connection with credit card processing services incurred in the ordinary
course of business and consistent with past practices;
(xii) Indebtedness owing by the Credit Parties to Citibank, N.A. and its banking Affiliates, arising in the ordinary course
of business, providing netting services with respect to intercompany Indebtedness permitted to be incurred and outstanding pursuant to this Agreement so long
as such Indebtedness does not remain outstanding for more than three (3) Business Days from the date of its incurrence and does not exceed an aggregate
outstanding amount of $50,000,000;
(xiii) Indebtedness in respect of letters of credit in an aggregate outstanding amount not to exceed $150,000,000;
(xiv) surety and appeal bonds in an aggregate outstanding amount not to exceed $80,000,000;
(xv) other unsecured Indebtedness incurred subsequent to the Closing Date; provided, that no principal payments shall
be required thereunder (except upon acceleration) on or prior to the Scheduled Maturity Date;
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