Common use of Aggregate Cash On Hand Clause in Contracts

Aggregate Cash On Hand. The Delta Companies shall maintain Aggregate Cash On Hand of at least: (i) at all times from the Closing Date through May 31, 2006, $750,000,000; (ii) at all times from June 1, 2006 through November 30, 2006, $1,000,000,000; (iii) at all times from December 1, 2006 through February 28, 2007, $750,000,000; and (iv) at all times thereafter until the Termination Date, $1,000,000,000. If on any date of determination of Aggregate Cash On Hand, any Delta Company has contractually agreed (i) to post cash collateral for the benefit of any third party or (ii) that payments otherwise owing to it by a third party shall be subject to a holdback, in each case in an amount exceeding $125,000,000, such amount shall not be included in any calculation of Aggregate Cash On Hand on such date of determination to the extent such obligation to post cash collateral or such holdback will become effective within ninety (90) days of such date of determination; provided, that in no event shall any determination of Aggregate Cash On Hand exclude the amount of cash collateral or any holdback to be provided (x) in connection with any aircraft or equipment financing or lease or (y) pursuant to any other agreement with GE Capital or any of its affiliates until, in each case, actually so provided.