Common use of Calculation of Financial Covenants, and other Financial Ratios and Results Clause in Contracts

Calculation of Financial Covenants, and other Financial Ratios and Results. With respect to the Nexstar Borrower and the Nexstar Restricted Subsidiaries, in calculating Financial Covenants pursuant to the Nexstar Credit Agreement, other financial ratios or results of operations, or financial performance in any manner (including without limitation the calculation of Excess Cash Flow) and for financial reporting purposes, the consolidated financial position and results of operations of the Borrower and its Restricted Subsidiaries (including without limitation, all Indebtedness, other liabilities, revenues and other income) shall be included as if the Borrower is a Restricted Subsidiary of the Nexstar Borrower and any television stations owned by a Mission Entity is a “Nexstar Station,” so long as Sharing Arrangements between the Mission Entities and the Nexstar Borrower or one or more Nexstar Restricted Subsidiaries, covering all of the Stations, are in full force and effect. Notwithstanding the foregoing, inclusion of the financial position and results of the Mission Entities shall at all times be without duplication; to the extent any provision of this Agreement, the Nexstar Credit Agreement or any other Loan Document or Nexstar Loan Document already includes the result of the Mission Entities, this provision shall not operate to duplicate any such included information.

Calculation of Financial Covenants, and other Financial Ratios and Results. With respect to the Nexstar Borrower and the Nexstar Restricted Subsidiaries, in calculating Financial Covenants pursuant to the Nexstar Credit Agreement, other financial ratios or results of operations, or financial performance in any manner (including without limitation the calculation of Excess Cash Flow) and for financial reporting purposes, the consolidated financial position and results of operations of the Borrower and its Restricted Subsidiaries (including without limitation, all Indebtedness, other liabilities, revenues and other income) shall be included as if the Borrower is a Restricted Subsidiary of the Nexstar Borrower and any television stations owned by a Mission Entity is a “"Nexstar Station,” " so long as Sharing Arrangements between the Mission Entities and the Nexstar Borrower or one or more Nexstar Restricted Subsidiaries, covering all of the Stations, are in full force and effect. Notwithstanding the foregoing, inclusion of the financial position and results of the Mission Entities shall at all times be without duplication; to the extent any provision of this Agreement, the Nexstar Credit Agreement or any other Loan Document or Nexstar Loan Document already includes the result of the Mission Entities, this provision shall not operate to duplicate any such included information.