Delta Airlines 2006 Annual Report Download - page 239

“Bankruptcy Code” means the provisions of Title 11 of the United States Code, 11 U.S.C. §§ 101 et seq.
“Bankruptcy Court” has the meaning ascribed to it in the Preamble or shall mean any other court having competent jurisdiction over the
Cases.
“Blocked Account” means any account of any Credit Party that is subject to a Blocked Account Agreement or a Control Letter pursuant
to Annex C.
“Blocked Account Agreement” means a control agreement, in form and substance satisfactory to the Administrative Agent, among any
Credit Party, the Administrative Agent for the benefit of Secured Parties and the applicable bank or financial institution. Any Blocked Account Agreement
substantially in the form of any Blocked Account Agreement in effect on the Closing Date shall be deemed to be satisfactory to the Administrative Agent.
“Books and Records” means books and records of the Credit Parties, including financial, corporate, operations and sales books, records,
books of account, sales and purchase records, lists of suppliers and customers, formulae, business reports, plans and projections and all other documents, logs,
surveys, plans, files, records, assessments, correspondence, and other data and information, financial or otherwise, and all aircraft manuals, log books and
other documents and records, including all data and information stored on computer-related or other electronic media.
“Borrower” has the meaning ascribed thereto in the preamble to the Agreement.
“Borrowing Base Certificate” means a certificate to be executed and delivered from time to time by Borrower in the form attached to the
Agreement as Exhibit 4.1(b).
“Business Day” means any day that is not a Saturday, a Sunday or a day on which banks are required or permitted to be closed in the
State of New York and in reference to LIBOR Loans shall mean any such day that is also a LIBOR Business Day.
“Capital Expenditures” means, with respect to any Person, all expenditures (by the expenditure of cash or the incurrence of
Indebtedness) by such Person during any measuring period, net of cash amounts received by Borrower and its Subsidiaries from other Persons during such
period in reimbursement of Capital Expenditures made by Borrower and its Subsidiaries and excluding interest capitalized during construction, for any fixed
assets or improvements or for replacements, substitutions or additions thereto, that have a useful life of more than one year and that are required to be
capitalized under GAAP (including equipment which in the ordinary course of business is purchased simultaneously with the trade-in or exchange of existing
equipment owned by Borrower or any of its Subsidiaries to the extent of the gross amount of such purchase price less the book value of the equipment being
traded in or exchanged at such time), but excluding expenditures made in connection with the replacement or restoration of assets to the extent reimbursed or
financed from (x) insurance proceeds paid on account of the loss of or the damage to the assets being replaced or restored, or (y) awards of compensation
arising from the taking by condemnation or eminent domain of such assets being replaced.
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