Delta Airlines 2012 Annual Report Download - page 283

“ Junior Lien Documents ” means, collectively any indenture, credit agreement or other agreement governing each
Series of Junior Lien Debt and the security documents related thereto.
“ Junior Lien Obligations ” means Junior Lien Debt and all other Obligations in respect thereof, together with
Hedging Obligations that are secured, or intended to be secured, under the Junior Lien Documents if the provider of such
Hedging Obligations has agreed to be bound by the terms of this Agreement as a holder of Junior Lien Obligations or such
provider's interest in the Collateral is subject to the terms of this Agreement as a holder of Junior Lien Obligations and if
such Hedging Obligations are permitted to be incurred and so secured under each applicable Secured Debt Document.
“ Junior Lien Representative ” means the trustee, agent or representative of the holders of any Series of Junior Lien
Debt who maintains the transfer register for such Series of Junior Lien Debt and (a) is appointed as a Junior Lien
Representative (for purposes related to the administration of the security documents) pursuant to the indenture, credit
agreement or other agreement governing such Series of Junior Lien Debt, together with its successors in such capacity, and
(b) has executed a Collateral Trust Joinder.
“ Junior Trust Estate ” has the meaning set forth in Section 2.2.
“ Lien ” means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or similar
encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable
law, including any conditional sale or other title retention agreement, any option or other agreement to sell or give a security
interest in and any agreement to give any financing statement under the UCC (or equivalent statutes) of any jurisdiction.
“ Lien Sharing and Priority Confirmation ” means:
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(b) such Indebtedness is governed by an indenture, credit agreement or other agreement that includes a
Lien Sharing and Priority Confirmation; and
(c) all requirements set forth in this Agreement as to the confirmation, grant or perfection of the
Collateral Trustee's Liens to secure such Indebtedness or Obligations in respect thereof are satisfied
(and the satisfaction of such requirements and the other provisions of this clause (c) will be
conclusively established if Delta delivers to the Collateral Trustee an Officers' Certificate stating that
such requirements and other provisions have been satisfied and that such Indebtedness is “
Junior Lien
Debt”).
(1) as to any future Series of Priority Lien Debt, the written agreement of the holders of such Series of Priority
Lien Debt (or the Secured Debt Representative with respect to such Series), as set forth in the Credit
Agreement or other agreement governing such Series of Priority Lien Debt, for the benefit of all holders of
Secured Debt and each future Secured Debt Representative:
(a) that all Priority Lien Obligations will be and are secured equally and ratably by all Priority Liens at
any time granted by any Grantor to the