US Airways 2004 Annual Report Download - page 218

(b) Default in Other Agreements. (i) Failure of Borrower
to pay when due any principal or interest on any Debt (other than the
Obligation) or (ii) breach or default of Borrower with respect to any Debt
(other than the Obligation); or
(c) Breach of Certain Provisions. Failure of Borrower or
Guarantor to perform or comply with any term or condition contained in
SECTIONS 9.10, 9.11, 9.12, 9.13, 9.14, or 10 unless cured within 15 days;
or
(d) Breach of Warranty. Any representation, warranty,
certification, or other statement made by Borrower or Guarantor in any
Loan Document or in any statement or certificate at any time given by such
Person in writing pursuant to or in connection with any Loan Document is
false in any material respect on the date made; or
(e) Other Defaults Under Loan Documents. Any Borrower or
Guarantor defaults in the performance of or compliance with any term
contained in this Agreement other than those otherwise set forth in this
SECTION 11.1 (or defaults in the performance of or compliance with any
term contained in the other Loan Documents) and such default is not
remedied or waived within 30 days after notice from Administrative Agent
to Borrower or Guarantor of such default; provided that if such default is
not capable of being cured within such 30 day period and Borrower or
Guarantor, as applicable, has and continues to diligently, continuously
and in good faith pursue a cure, Borrower or Guarantor, as applicable,
shall have an additional period of 15 days to cure such default; or
(f) Involuntary Bankruptcy; Appointment of Receiver, etc.
(i) A court enters a decree or order for relief with respect to the
Borrower or Guarantor in an involuntary case under any Debtor Relief Laws
now or hereafter in effect, which decree or order is not stayed or other
similar relief is not granted under any applicable Law; or (ii) the
continuance of any of the following events for 90 days unless dismissed,
bonded or discharged: (A) an involuntary case is commenced against the
Borrower or Guarantor under any Debtor Relief Law now or hereafter in
effect; or (B) a receiver, liquidator, sequestrator, trustee, custodian,
or other fiduciary having similar powers over the Borrower or Guarantor or
over all or a substantial part of their respective property, is appointed;
or
(g) Voluntary Bankruptcy; Appointment of Receiver, etc.
(i) The Borrower or Guarantor commences a voluntary case under any Debtor
Relief Law now or hereafter in effect, or consents to the entry of an
order for relief in an involuntary case or to the conversion of an
involuntary case to a voluntary case under any such Law or consents to the
appointment of or taking possession by a receiver, trustee, or other
custodian for all or a substantial part of its property; or (ii) the
Borrower or Guarantor makes any assignment for the benefit of creditors;
or (iii) the members of the Borrower or board of directors of Guarantor
adopts any resolution or otherwise authorizes action to approve any of the
actions referred to in this SECTION 11.1(g); or
(h) Liens. Any Lien, levy, or assessment is filed or
recorded with respect to or otherwise imposed upon all or any part of the
Collateral or the assets of the Borrower or Guarantor by the United States
or any department or instrumentality thereof or by any other Governmental
Authority (other than Permitted Liens) and such Lien, levy, or assessment
is not stayed, vacated, paid, or discharged within ten days after
Borrower's receipt of notice thereof; or
(i) Judgment and Attachments. Any money judgment, writ or
warrant of attachment, or similar process involving (i) an amount in any
individual case in excess of $500,000 or (ii) an amount in the aggregate
at any time in excess of $1,000,000 (in either case not
Senior Secured Term Loan
36