Common use of Assignments to Affiliated Debt Funds Clause in Contracts

Assignments to Affiliated Debt Funds. Any Lender may, at any time, assign all or a portion of its Term Loans to a Person who is or will become, after such assignment, an Affiliated Debt Fund and any Affiliated Debt Fund may assign Term Loans, subject to the following additional limitations: (i) the aggregate principal amount of all (A) Term A Loans, Term B Loans, Term B-2 Loans and Incremental Term Loans and Term Loan Commitments held at any one time by Affiliated Debt Funds may not exceed 30% of the aggregate principal amount of all Term A Loans, Term B Loans, Term B-2 Loans and Incremental Term Loans and Term Loan Commitments at such time outstanding, and any and each assignment in excess of such amount shall be null and void ab initio and (B) Nexstar Term A Loans, Nexstar Term B Loans, Nexstar Term B-2 Loans and Nexstar Incremental Term Loans and Nexstar Term Loan Commitments held at any one time by Affiliated Debt Funds may not exceed 30% of the aggregate principal amount of all Nexstar Term A Loans, Nexstar Term B Loans, Nexstar Term B-2 Loans and Nexstar Incremental Term Loans and Nexstar Term Loan Commitments at such time outstanding, and any and each assignment in excess of such amount shall be null and void ab initio; (ii) no interest in the Revolving Credit Facility, the Nexstar Revolving Credit Facility or any Incremental Revolving Facility or Nexstar Incremental Revolving Facility may be assigned to any Affiliated Debt Fund; and (iii) each such assignment hereunder must be consummated concurrently with a corresponding assignment of Nexstar Term A Loans, Nexstar Term B Loans, Nexstar Term B-2 Loans or Nexstar Incremental Term Loans (as applicable) in a corresponding percentage.

Assignments to Affiliated Debt Funds. Any Lender may, at any time, assign all or a portion of its Term Loans to a Person who is or will become, after such assignment, an Affiliated Debt Fund and any Affiliated Debt Fund may assign Term Loans, subject to the following additional limitations: (i) the aggregate principal amount of all (A) Term A Loans, Term B Loans, Term B-2 Loans and Incremental Term Loans and Term Loan Commitments held at any one time by Affiliated Debt Funds may not exceed 30% of the aggregate principal amount of all Term A Loans, Term B Loans, Term B-2 Loans and Incremental Term Loans and Term Loan Commitments at such time outstanding, and any and each assignment in excess of such amount shall be null and void ab initio and (B) Nexstar Term A Loans, Nexstar Term B Loans, Nexstar Term B-2 Loans and Nexstar Incremental Term Loans and Nexstar Term Loan Commitments held at any one time by Affiliated Debt Funds may not exceed 30% of the aggregate principal amount of all Nexstar Term A Loans, Nexstar Term B Loans, Nexstar Term B-2 Loans and Nexstar Incremental Term Loans and Nexstar Term Loan Commitments at such time outstanding, and any and each assignment in excess of such amount shall be null and void ab initio; (ii) no interest in the Revolving Credit Facility, the Nexstar Revolving Credit Facility or any Incremental Revolving Facility or Nexstar Incremental Revolving Facility may be assigned to any Affiliated Debt Fund; and (iii) each such assignment hereunder must be consummated concurrently with a corresponding assignment of Nexstar Term A Loans, Nexstar Term B Loans, Nexstar Term B-2 Loans or Nexstar Incremental Term Loans (as applicable) in a corresponding percentage.

Assignments to Affiliated Debt Funds. Any Lender may, at any time, assign all or a portion of its Term Loans to a Person who is or will become, after such assignment, an Affiliated Debt Fund and any Affiliated Debt Fund may assign Term Loans, subject to the following additional limitations: (i) the aggregate principal amount of all (A) Term A Loans, Term B Loans, Term B-2 Loans and Incremental Term Loans and Term Loan Commitments held at any one time by Affiliated Debt Funds may not exceed 30% of the aggregate principal amount of all Term A Loans, Term B Loans, Term B-2 Loans and Incremental Term Loans and Term Loan Commitments at such time outstanding, and any and each assignment in excess of such amount shall be null and void ab initio and (B) Nexstar Term A Loans, Nexstar Term B Loans, Nexstar Term B-2 Loans and Nexstar Incremental Term Loans and Nexstar Term Loan Commitments held at any one time by Affiliated Debt Funds may not exceed 30% of the aggregate principal amount of all Nexstar Term A Loans, Nexstar Term B Loans, Nexstar Term B-2 Loans and Nexstar Incremental Term Loans and Nexstar Term Loan Commitments at such time outstanding, and any and each assignment in excess of such amount shall be null and void ab initio; (ii) no interest in the Revolving Credit Facility, the Nexstar Revolving Credit Facility or any Incremental Revolving Facility or Nexstar Incremental Revolving Facility may be assigned to any Affiliated Debt Fund; and (iii) each such assignment hereunder must be consummated concurrently with a corresponding assignment of Nexstar Term A Loans, Nexstar Term B Loans, Nexstar Term B-2 Loans or Nexstar Incremental Term Loans (as applicable) in a corresponding percentage.