Delta Airlines 2006 Annual Report Download - page 180

(m) the sale or other disposition of any 737-800 aircraft substantially concurrently with the consummation of the purchase of such
aircraft to the extent such purchase occurs pursuant to a purchase agreement to which a Delta Company was a party as of the Closing Date;
(n) sale-leaseback, synthetic lease or similar transactions to the extent not prohibited by Section 6.12;
(o) to the extent not prohibited by Section 6.18or any of the Collateral Documents, the disposition of leasehold or similar
interests in Real Estate that is not Owned Real Estate, including through assignment, sublease or lease termination or rejection, in whole or in part, or the
return, surrender, exchange or abandonment of any property subject thereto;
(p) any sale of Margin Stock for fair value as determined in good faith by Borrower; and
(q) any Property Loss Event (without giving effect to the thresholds set forth in the definition thereof);
(r) rejection of executory contracts in accordance with an order of the Bankruptcy Court to the extent such rejections do not,
individually or in the aggregate, materially and adversely affect the business of Borrower and the Guarantors, taken as a whole; and
(s) sale of Excluded Properties; provided, that, if such Excluded Properties are included in the Term A Borrowing Base,
the sale price shall be in excess of the Allocated Amount for such Excluded Properties.
6.9 [Reserved.]
6.10 Financial Covenants.
Borrower shall not breach or fail to comply with any of the Financial Covenants.
6.11 Hazardous Materials.
No Credit Party shall cause or knowingly permit a Release of any Hazardous Material on, at, in, under, above, to, from or about any of
the Real Estate where such Release would (a) violate in any respect, or form the basis for any Environmental Liabilities under, any Environmental Laws or
Environmental Permits or (b) otherwise adversely impact the value or marketability of any of the Real Estate or any of the Collateral, other than in the case of
each of clauses (a) and (b), such violations, Releases or Environmental Liabilities that could not reasonably be expected to have a Material Adverse Effect.
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