Delta Airlines 2006 Annual Report Download - page 238

“Applicable Term B LIBOR Margin” means the per annum interest rate from time to time in effect and payable in addition to the LIBOR
Rate applicable to the Term Loan B, as determined by reference to Section 1.5(a).
“Applicable Term C Index Margin” means the per annum interest rate from time to time in effect and payable in addition to the Index
Rate applicable to the Term Loan C, as determined by reference to Section 1.5(a).
“Applicable Term C LIBOR Margin” means the per annum interest rate from time to time in effect and payable in addition to the LIBOR
Rate applicable to the Term Loan C, as determined by reference to Section 1.5(a).
“Appraisers” shall mean Simat, Helliesen & Eichner, Inc., Sage Popovich and Cushman & Wakefield (with respect to the Owned Real
Estate appraised on or before the Closing Date), or such other appraisers acceptable to the Administrative Agent.
“Approved Fund” means, with respect to any Lender, any Person (other than a natural Person) that (a) is or will be engaged in making,
purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business and (b) is advised or
managed by (i) such Lender, (ii) any Affiliate of such Lender or (iii) any Person (other than an individual) or any Affiliate of any Person (other than an
individual) that administers or manages such Lender.
“ARB Indebtedness” means, with respect to any Delta Company, without duplication, all Indebtedness or obligations of such Delta
Company created or arising with respect to any limited recourse revenue bonds issued for the purpose of financing or refinancing improvements to, or the
construction or acquisition of, airport and other related facilities and equipment, the use or construction of which qualifies and renders such bonds exempt
from certain federal or state taxes.
“Arrangers” shall mean, collectively, (a) with respect to Term Loan A and Term Loan B, GE Capital Markets, Inc. and (b) with respect
to Term Loan C, GE Capital Markets, Inc. and Morgan Stanley Senior Funding, Inc.
“Asset Sale” has the meaning ascribed to it in Section 6.8.
“Assignment Agreement” has the meaning ascribed to it in Section 11.1(a).
“Aviation Authority” means any nation or government or national or governmental authority of any nation, state, province or other
political subdivision thereof, and any agency, department, regulator, airport authority, air navigation authority or other entity exercising executive, legislative,
judicial, regulatory or administrative functions of or pertaining to government in respect of the regulation of commercial aviation or the registration,
airworthiness or operation of civil aircraft and having jurisdiction over the Credit Parties including, without limitation, the FAA or DOT.
“Avoidance Actions” shall mean the Credit Parties’ claims and causes of action arising under Section 502(d), 544, 545, 547, 548 or 550
of the Bankruptcy Code or any other avoidance action under the Bankruptcy Code; provided, that “Avoidance Actions” shall not include any Proceeds of such
property.
A-3