US Airways 2004 Annual Report Download - page 185

AUTHORIZATIONS means all material filings, recordings, and registrations
with, and all material validations or exemptions, approvals, orders,
authorizations, consents, franchises, licenses, certificates, certificates of
compliance, grants of authority, and permits from, any Governmental Authority.
AWA'S ACCOUNTANTS means the independent certified public accountants
selected by the Borrower and Guarantor and reasonably acceptable to
Administrative Agent, which selection shall not be modified during the terms of
this Agreement (except if the Borrower and Guarantor retain another of the
so-called "Big Four" accounting firms) without the Collateral Agent's prior
written consent, which consent shall not be withheld, delayed or conditioned
unreasonably.
BASE RATE means the interest rate printed in The Wall Street Journal, from
time to time, as the base rate and not necessarily the best or lowest rate of
interest offered by banks on such date.
BASE RATE BORROWING means the Outstanding Note Balance during such time as
the Senior Secured Discount Note bears interest at the per annum rate equal to
the sum of the Base Rate, plus the Applicable Base Rate Margin.
BORROWER is defined in the preamble to this Agreement.
BORROWING means any amount disbursed (not the Stated Principal Amount),
less the fees payable to the Administrative Agent pursuant to SECTION 5.2
herein, (a) by one or more Lenders pursuant to the terms of this Agreement or
any other Loan Document, whether such amount constitutes an original
disbursement of funds or the continuation of an amount outstanding, or (b) by
any Lender in accordance with, and to satisfy the obligations of Borrower under,
any Loan Document.
BUSINESS DAY means (a) for all purposes, any day other than Saturday,
Sunday, and any other day on which commercial banking institutions are required
or authorized by Law to be closed in Dallas, Texas, Phoenix, Arizona, or New
York, New York, and (b) in addition to the foregoing, in respect of any
Eurodollar Rate Borrowing, a day on which dealings in United States dollars are
conducted in the London interbank market and commercial banks are open for
international business in London.
CAPITAL LEASE means any lease of any property (whether real, personal or
mixed) that, in conformity with GAAP, should be accounted for as a capital
lease.
CASH COLLATERAL ACCOUNT means the Deposit Account set forth on SCHEDULE
8.20, styled the Reserve Account subject to the exclusive direction, domain, and
control of Administrative Agent.
CASH EQUIVALENTS means, as at any date of determination, (i) marketable
securities (a) issued or directly and unconditionally guaranteed as to interest
and principal by the United States Government or (b) issued by any agency or
instrumentality of the United States the obligations of which are backed by the
full faith and credit of the United States, in each case maturing within one
year after such date; (ii) marketable direct obligations issued by any state of
the United States of America or any political subdivision of any such state or
any instrumentality thereof, in each case maturing within one year after such
date and having, at the time of the acquisition thereof, the highest rating
obtainable from either S&P or Moody's; (iii) commercial paper not issued by the
Borrower or Guarantor maturing no more than one year after such date and having,
at the time of the acquisition thereof, a rating of at least A-2 from S&P or at
least P-2 from Moody's; (iv) certificates of deposit or bankers' acceptances
maturing within one year after such date and issued or accepted by any Lender or
by any commercial bank organized under the laws of the United States of America
or any state thereof or the District of Columbia that (a) is at least
"adequately capitalized" (as defined in the regulations of its primary Federal
banking regulator) and (b) has Tier 1 capital (as defined in such regulations)
of not less than $100,000,000; and (v) shares of any
Senior Secured Term Loan
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