Delta Airlines 2012 Annual Report Download - page 123

“ Code ” shall mean the Internal Revenue Code of 1986, as amended from time to time, and the regulations
promulgated and rulings issued thereunder.
“ Collateral ” shall mean, collectively, (i) all assets and properties of the Borrower and the Guarantors now owned or
hereafter acquired upon which Liens have been granted to the Collateral Trustee to secure the Obligations, the Pari Passu Senior
Secured Debt or the Junior Secured Debt, including without limitation all of the “Collateral” as defined in the Security Agreement,
which as of the Closing Date shall include, without limitation, the Pacific Routes, the Pacific Route Slots and the Pacific Route Gate
Leaseholds of the Borrower and the Guarantors, and (ii) the Letter of Credit Account, all amounts on deposit therein and all proceeds
thereof.
“ Collateral-Acquiring Subsidiary ” shall have the meaning set forth in Section 5.14.
“ Collateral Coverage Ratio ” shall have the meaning set forth in Section 6.06.
“ Collateral Documents ” shall mean, collectively, the Security Agreement, the Account Control Agreements, the
Collateral Trust Agreement, and other agreements, instruments or documents that create or purport to create a Lien in favor of the
Collateral Trustee or the Administrative Agent for the benefit of the Secured Parties.
“ Collateral Trust Agreement ” shall mean that certain Collateral Trust Agreement dated as of the Closing Date in
substantially the form of Exhibit B, as the same may be amended, restated, modified, supplemented, extended or amended and restated
from time to time in accordance with the terms thereof.
“ Collateral Trustee ” shall have the meaning set forth in the first paragraph of this Agreement.
“ Commitment ” shall mean, as to any Lender, the sum of the Revolving Commitment, the Term B-1 Loan
Commitment and the Term B-2 Loan Commitment of such Lender or any combination thereof (as the context requires), it being
understood that the “Term B-1 Loan Commitment” and the “Term B-2 Loan Commitment” of a Lender shall remain in effect until the
Term Loans have been funded in full in accordance with this Agreement.
“ Commitment Fee ” shall have the meaning set forth in Section 2.20(a).
“ Commitment Fee Rate ” shall mean ¾ of 1% per annum.
“ Connection Carrier ” shall mean any regional carrier that operates flights using the “DL” or “NW” designation code
pursuant to contractual arrangements with the Borrower.
“ Connection Taxes ” shall mean, with respect to any Recipient, Taxes imposed as a result of a present or former
connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having
executed, delivered, become a party to, performed its obligations under, received payments under, engaged in any other transaction
pursuant to, received or perfected a security interest under or enforced any Loan Document, or sold or assigned an interest in any Loan
or Loan Document).
“ Consolidated Net Income ” shall mean, with respect to any specified Person for any period, the aggregate of the net
income (or net loss) of such Person and its Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP
and without any reduction in respect of pre-
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