Delta Airlines 2012 Annual Report Download - page 149

of an application for a waiver of the minimum funding standard with respect to any Plan, or (l) any other event or condition which
would reasonably be expected to constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a
trustee to administer, any Plan, or the imposition of any liability under Title IV of ERISA (other than for the payment of premiums to
the PBGC in the ordinary course).
“ Title 14 ” shall mean Title 14 of the United States Code of Federal Regulations, including Part 93, Subparts K and S
thereof, as amended from time to time or any successor or recodified regulation.
“ Title 49 ” shall mean Title 49 of the United States Code, which, among other things, recodified and replaced the U.S.
Federal Aviation Act of 1958, and the rules and regulations promulgated pursuant thereto or any subsequent legislation that amends,
supplements or supersedes such provisions.
“ Total Collateral Coverage Ratio ” shall mean, at any time, the ratio of (i) the Appraised Value of the Collateral to (ii)
the sum of (a) the Total Revolving Extensions of Credit then outstanding, plus (b) the aggregate principal amount of all Term Loans
outstanding, plus (c) the aggregate outstanding principal amount of the Pari Passu Senior Secured Debt and all other Priority Lien Debt
(other than Obligations), plus (d) the aggregate amount of all Designated Hedging Obligations that constitute “Obligations” then
outstanding, plus (e) the aggregate outstanding principal amount of Junior Secured Debt.
“ Total Revolving Commitment ” shall mean, at any time, the sum of the Revolving Commitments at such time.
“ Total Revolving Extensions of Credit ” shall mean, at any time, the aggregate amount of the Revolving Extensions of
Credit of the Revolving Lenders outstanding at such time.
“ Transactions ” shall mean the execution, delivery and performance by the Borrower and Guarantors of this
Agreement and the other Loan Documents to which they may be a party, the creation of the Liens in the Collateral in favor of the
Collateral Trustee and the Administrative Agent for the benefit of the Secured Parties, the borrowing of Loans and the use of the
proceeds thereof, and the request for and issuance of Letters of Credit hereunder.
“ Type ”, when used in reference to any Loan or Borrowing, refers to whether the rate of interest on such Loan, or on
the Loans comprising such Borrowing, is determined by reference to the LIBO Rate or the Alternate Base Rate and when used in
reference to any Commitment, refers to whether such Commitment is a Revolving Commitment, Term B-1 Loan Commitment or Term
B-2 Loan Commitment.
“ UCC ” shall mean the Uniform Commercial Code as in effect in the State of New York from time to time.
“ United States Citizen ” shall have the meaning set forth in Section 3.02.
“ unreallocated portion ” shall have the meaning set forth in Section 2.26(d)(ii).
“ Unused Total Revolving Commitment ” shall mean, at any time, (a) the Total Revolving Commitment less (b) the
Total Revolving Extensions of Credit.
“ Upfront Term Loan Fee ” shall have the meaning set forth in Section 2.20(b).
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