US Airways 2008 Annual Report Download - page 349

That certain Spare Parts Mortgage and Security Agreement dated as of October 20, 2008 between the Borrower and the Collateral Agent (the "Senior
Mortgage") shall be deemed amended upon this Amendment becoming effective pursuant to Section 4 below as follows:
A. The first sentence of Section 7.01(c) of the Senior Mortgage shall be deleted in its entirety; and
B. The definition of "Expendable Parts Release" set forth in Appendix A to the Senior Mortgage shall be amended and restated in its entirety to read:
""Expendables Parts Release" has the meaning given to the term "Expendables Release" in the Loan Agreement."
The Borrower and the Collateral Agent hereby agree to enter into a confirmatory amendment to the Senior Mortgage promptly following this
Amendment becoming effective pursuant to Section 4 below in order to document the amendments to the Senior Mortgage set forth in this Section 2.
Section 3. Amendments to Subordinated Mortgage.
That certain Subordinated Spare Parts Mortgage and Security Agreement dated as of October 20, 2008 between the Borrower and the Collateral Agent
(the "Subordinated Mortgage") shall be deemed amended upon this Amendment becoming effective pursuant to Section 4 below as follows:
A. The first sentence of Section 7.01(c) of the Subordinated Mortgage shall be deleted in its entirety; and
B. The definition of "Expendable Parts Release" set forth in Appendix A to the Subordinated Mortgage shall be amended and restated in its entirety to
read: ""Expendables Parts Release" has the meaning given to the term "Expendables Release" in the Loan Agreement."
The Borrower and the Collateral Agent hereby agree to enter into a confirmatory amendment to the Subordinated Mortgage promptly following this
Amendment becoming effective pursuant to Section 4 below in order to document the amendments to the Subordinated Mortgage set forth in this Section 3.
Section 4. Miscellaneous.
A. Effectiveness: This Amendment shall become effective upon the making of the Special Prepayment by the Borrower on or before December 5, 2008,
which the Borrower may elect to do or not to do, at its option.
B. Effect on Syndication Agreement: Reference is made to the Syndication Agreement dated as of October 20, 2008 (the "Syndication Agreement")
among the Borrower and General Electric Capital Corporation ("GECC"). GECC acknowledges that if Borrower
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