US Airways 2004 Annual Report Download - page 271

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New York, NY 10013
Attn: Walt Larsen
Fax/Telecopy No.: (213) 623-3592
With a copy to:
Citibank, N.A.
390 Greenwich St. 1st Fl
New York, NY 10013
Attn: Joe Shanahan
Fax/Telecopy No.: (212) 816-5705
Any such notice or other communication shall be deemed to have been given
(whether actually received or not) on the day it is personally delivered as
aforesaid or, if mailed by express carrier, on the day it is received, or, if
transmitted by facsimile, on the day that it is confirmed by telephone as having
been received. Any party may change its address for purposes of this Guaranty by
giving notice of such change to the other party pursuant to this SECTION 14.2.
14.3 GOVERNING LAW. The substantive laws of the State of New York
shall govern the validity, construction, enforcement and interpretation of this
Guaranty.
14.4 INVALID PROVISIONS. If any provision of this Guaranty is held
to be illegal, invalid, or unenforceable under present or future laws effective
during the term of this Guaranty, such provision shall be fully severable, and
this Guaranty shall be construed and enforced as if such illegal, invalid or
unenforceable provision had never comprised a part of this Guaranty, and the
remaining provisions of this Guaranty shall remain in full force and effect and
shall not be affected by the illegal, invalid or unenforceable provision or by
its severance from this Guaranty, unless such continued effectiveness of this
Guaranty, as modified, would be contrary to the basic understandings and
intentions of the parties as expressed in this Guaranty.
14.5 ENTIRETY AND AMENDMENTS. This Guaranty embodies the entire
agreement between the parties and supersedes all prior agreements and
understandings, if any, relating to the subject matter of this Guaranty, and
this Guaranty may be amended only by an instrument in writing executed by an
authorized officer of the party against whom such amendment is sought to be
enforced.
14.6 PARTIES BOUND; ASSIGNMENT. This Guaranty shall be binding upon
and inure to the benefit of the parties hereto and their respective successors,
assigns and legal representatives; provided, however, that Guarantor may not,
without the prior written consent of Lender, assign any of its rights, powers,
duties or obligations under this Guaranty.
14.7 HEADINGS. Section headings are for convenience of reference
only and shall in no way affect the interpretation of this Guaranty.
14.8 RIGHTS AND REMEDIES. If Guarantor becomes liable for any
indebtedness owing by Borrower to Lender, by endorsement or otherwise, other
than under this Guaranty, such liability shall not be in any manner impaired or
affected and the rights of Lender under this Guaranty shall be cumulative of any
and all other rights that Lender may ever have against Guarantor. The exercise
by Lender of any right or remedy under this Guaranty or under any other
instrument, or at law or in equity, shall not preclude the concurrent or
subsequent exercise of any other right or remedy; provided, however, Guarantor
shall not be liable for any sums in excess of the Guaranteed Obligations and the
amounts
9