Amendments and Other Documents Clause Samples

Amendments and Other Documents. (a) The Borrower shall not, and shall not permit any Nexstar Entity or Mission Entity, or any Affiliate to, (i) modify, change, consent to, waive any provision with respect to, or otherwise not comply with or effectuate any change to, any Sharing Arrangement with a Shared Services Party, except (1) any immaterial clarifying amendment correcting an error, and (2) any amendment requested or required by a Governmental Authority and so long as, in each case, no consent fee is payable in connection therewith, (ii) allow any Sharing Arrangement with a Shared Services Party to lapse, expire or terminate, or otherwise not be in full force and effect against any party thereto, except to the extent any television station owned by a Shared Services Party is sold in accordance with the terms hereof and the other Loan Documents and of the Nexstar Credit Agreement and the other Nexstar Loan Documents, or (iii) permit, allow or suffer to exist any Sharing Arrangement with a Shared Services Party not being subject to a Lien and security interest on behalf of the Secured Parties to secure the Obligations. (b) The Borrower shall not, and shall not permit any Nexstar Entity or Mission Entity, or any Affiliate to, (i) modify, change, consent to, waive any provision with respect to, or otherwise not comply with or effectuate any change to, any written agreement between or among the Borrower and the Nexstar Borrower, or any Nexstar Entity and any Mission Entity, including, without limitation, the Nexstar/Mission Agreements, except (1) any immaterial clarifying amendment correcting an error and (2) any amendment requested or required by a Governmental Authority and so long as, in each case, no consent fee is payable in connection therewith, (ii) allow any Nexstar/Mission Agreement to lapse, expire or terminate, or otherwise not be in full force and effect against any party thereto, except to the extent any television station owned by the Nexstar Borrower is sold in accordance with the terms hereof and of the Nexstar Credit Agreement and the other Nexstar Loan Documents, (iii) permit, allow or suffer to exist any Nexstar/Mission Agreement then in effect not being subject to a Lien and security interest on behalf of the Secured Parties to secure the Obligations or (iv) enter into any other agreement or other transaction between any Nexstar Entity and any Mission Entity except to the extent such agreement or transaction is in the ordinary course of business and is in each case on t...

Amendments and Other Documents. Amend, modify, waive or supplement (or permit modification, amendment, waiver or supplement of) any of the terms or provisions of (a) the documents evidencing the Acquisition, (b) the Employment Agreements or (c) any other Related Document, in each case in any respect that would materially and adversely affect the rights or interests of the Administrative Agent and the Lenders hereunder, in each, without the prior written consent of the Administrative Agent