Originally Posted by BobofAR

Or it could be a blessing in disguise.... with Delta as the DIP, if 9E defaults on the loans (which they will if they loose a lot of the 200s) then Delta takes ownership of 9E. That means they wouldn't fall under the auspices of the TA because the wording is for "subsidiaries". As a wholly owned subsidiary they can circumvent the current wording in the TA.