Delta Airlines 2010 Annual Report Download - page 329

8. No Obligation to Exercise Remedy. Nothing in this Agreement shall be construed as requiring the Trustee to exercise any particular remedy, or any
remedy, if an Event of Default by IAT under the Terminal 4 Lease shall occur.
9. Right to Cure IAT Defaults. In the case of an Event of Default by IAT under the Anchor Tenant Agreement, the Trustee (or any Replacement Operator)
and the Bond Insurer shall have a period of sixty (60) additional days beyond that provided to IAT in Article 27 of the Anchor Tenant Agreement, to
remedy the Event of Default, or cause such Event of Default to be remedied ("IAT Cure Period"). Provided a notice of the intent to cure (with a
description of the plan and a schedule) is given to Delta within 10 days after the end of the IAT Cure Period, Delta agrees that it shall accept such
performance by the Trustee (or any Replacement Operator) or the Bond Insurer of any covenant, condition or agreement on IAT's part to be performed
under the Anchor Tenant Agreement in order to cure the Event of Default with the same force and effect as though performed by IAT and subject to
conditions and obligations set forth in Article 27 of the Anchor Tenant Agreement in the case of an Event of Default by IAT under the Anchor Tenant
Agreement.
10. [Reserved].
11. Delta Recital. Delta makes the following recital and hereby acknowledges that the Trustee is entering into this Agreement in reliance thereon: Delta has
all the necessary power and authority under Law and otherwise to enter into, perform, enforce and observe the agreements evidenced by this Agreement.
The execution and delivery by Delta of this Agreement and the consummation and performance of the obligations contemplated by this Agreement will
not violate any provisions of Law applicable to Delta or violate, or constitute a default under the provisions of, any Law, agreement or other instrument to
which Delta is a party or by which Delta is bound.
12. Severability. If any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdiction or in an arbitration, then all of
the remaining portions will remain in full force and effect, and, so far as is reasonable and possible, effect will be
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