Delta Airlines 2006 Annual Report Download - page 273

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Pledged Indebtedness” means the Indebtedness evidenced by promissory notes and instruments listed on Part 2 of Disclosure Schedule
10.4hereto.
“Pledged Shares” means those shares listed on Part 1 of Disclosure Schedule 10.4hereto.
“Pledged Spare Parts” shall have the meaning ascribed to it in the Spare Parts Mortgage.
“Post-Petition Skymiles Facility” means the provisions related to the Advance Payments (as defined in the Post-Petition Skymiles
Facility Documents) in the Post-Petition Skymiles Facility Documents.
“Post-Petition Skymiles Facility Documents” means the “SkyMiles Documents” as defined in the Skymiles Intercreditor Agreement and
includes the Skymiles Collateral Documents.
“Power of Attorney” shall have the meaning ascribed to it in Section 10.8.
“Prepayment Date” means, with respect to any Net Cash Proceeds from any Collateral, the earlier of (i) the date occurring 180 days after
the date on which such Net Cash Proceeds were deposited into the Cash Collateral Account (unless, prior to such date, the applicable Credit Party has (A)
acquired any Replacement Borrowing Base Asset, (B) entered into an agreement for such acquisition or (C) commenced the construction of the Replacement
Borrowing Base Assets or the repair of the Original Borrowing Base Assets) and (ii) the date that is five (5) Business Days after the date on which Borrower
shall have notified the Administrative Agent of Borrower’s determination not to acquire replacement assets useful in any Credit Party’s business (or, in the
case of a Property Loss Event, not to effect repairs).
“Primary Gates” shall have the meaning ascribed to it in the SGR Security Agreement.
“Primary Routes” shall have the meaning ascribed to it in the SGR Security Agreement.
“Primary Slots” shall have the meaning ascribed to it in the SGR Security Agreement.
“Proceeds” means “proceeds,” as such term is defined in the Code, including (a) any and all proceeds of any insurance, indemnity,
warranty or guaranty payable to any Credit Party from time to time with respect to any asset, (b) any and all payments (in any form whatsoever) made or due
and payable to any Credit Party from time to time in connection with any requisition, confiscation, condemnation, seizure or forfeiture of all or any part of
such property by any Governmental Authority (or any Person acting under color of governmental authority), (c) any claim of any Credit Party against third
parties (i) for past, present or future infringement of any Patent or Patent License, or (ii) for past, present or future infringement or dilution of any Copyright,
Copyright License, Trademark or Trademark License, or for injury to the goodwill associated with any Trademark or Trademark License, (d) any recoveries
by any Credit Party against third parties with respect to any litigation or dispute concerning such property including claims arising out of the loss or
nonconformity of, interference with the use of, defects in, or infringement of rights in, or damage to, such property, (e) all amounts collected on, or distributed
on account of, other property, including dividends, interest, distributions and Instruments with respect to Investment Property and pledged Stock, and (f) any
and all other amounts, rights to payment or other property acquired upon the sale, lease, license, exchange or other disposition of such property and all rights
arising out of such property.
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