Delta Airlines 2012 Annual Report Download - page 279

“ Collateral Trustee ” has the meaning set forth in the preamble.
“ Contingent Liabilities ” means, at any time, any obligations for taxes, costs, indemnifications, reimbursements,
damages and other liabilities in respect of which no claim or demand for payment has been made at such time.
“Controlled Account” means any account pledged to the Collateral Trustee subject to an Account Control
Agreement.
“ Credit Agreement ” means that certain Credit and Guaranty Agreement, dated as of the date hereof, by and among
Delta, the Guarantors, the Administrative Agent, and the other parties thereto, providing for up to $1,950 million of
revolving credit and term loan borrowings, including any related notes, Guarantees, collateral documents, instruments and
agreements executed in connection therewith, and, in each case, as amended, restated, modified, renewed, refunded,
replaced in any manner (whether upon or after termination or otherwise, and whether or not the amount of Indebtedness
thereunder is increased) or refinanced (including by means of sales of debt securities to institutional investors) in whole or in
part from time to time.
“ Credit Facilities ” means, one or more debt facilities (including, without limitation, the Credit Agreement) or,
commercial paper facilities, reimbursement agreements or other agreements providing for the extension of credit, or
securities purchase agreements, indentures or similar agreements, whether secured or unsecured, in each case, with banks,
insurance companies, financial institutions or other institutional lenders or investors providing for, or acting as initial
purchasers of, revolving credit loans, term loans, receivables financing (including through the sale of receivables to such
lenders or to special purpose entities formed to borrow from such lenders against such receivables) or, letters of credit,
surety bonds, insurance products or the issuance and sale of securities, in each case, as amended, restated, modified,
renewed, extended, refunded, replaced in any manner (whether upon or after termination or otherwise) or refinanced
(including by means of sales of debt securities to institutional investors) in whole or in part from time to time.
“ Delta ” has the meaning set forth in the preamble.
“ Discharge of Priority Lien Obligations ” means the occurrence of all of the following:
(1)
termination or expiration of all commitments to extend credit that would constitute Priority Lien Debt;
(2)
payment in full in cash of the principal of and interest and premium (if any) on all Priority Lien Debt
(other than any undrawn letters of credit);
(3) discharge or cash collateralization (at the lower of (A) 105% of the aggregate undrawn amount and (B)
the percentage of the aggregate undrawn amount required for release of liens under the terms of the applicable
Priority Lien Document) of all outstanding letters of credit constituting Priority Lien Debt; and
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