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 Borrower and its Restricted Subsidiaries, in calculating Financial Covenants, 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 (i) the Mission Borrower and the Mission Restricted Subsidiaries, (ii) Rocky Creek and its subsidiaries and (iii) each other Shared Services Party and, to the extent applicable, their subsidiaries (collectively, “Arrangement Parties”) (including without limitation, all Indebtedness, other liabilities, revenues and other income) shall be included as if each such Arrangement Party is a Restricted Subsidiary of the Borrower and any television stations owned by an Arrangement Party is a “Station,” so long as Sharing Arrangements between each such Arrangement Party and the Borrower or one or more Restricted Subsidiaries of the Borrower, covering all of the applicable Shared Services Party Stations are in full force and effect. Notwithstanding the foregoing, inclusion of the financial position and results of the Arrangement Parties shall at all times be without duplication; to the extent any provision of this Agreement, the Mission Credit Agreement or any other Loan Document or Mission Loan Document, or any other document relating to any Shared Services Party already includes the result of an Arrangement Party, 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 Borrower and its Restricted Subsidiaries, in calculating Financial Covenants, 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 (i) the Mission Borrower and the Mission Restricted Subsidiaries, (ii) Rocky Creek and its subsidiaries and (iii) each other Shared Services Party and, to the extent applicable, their subsidiaries (collectively, “"Arrangement Parties”") (including without limitation, all Indebtedness, other liabilities, revenues and other income) shall be included as if each the Mission Borrowereach such Arrangement Party is a Restricted Subsidiary of the Borrower and any television stations owned by an a Mission Entityan Arrangement Party is a “"Station,” " so long as Sharing Arrangements between each the Mission Entitieseach such Arrangement Party and the Borrower or one or more Restricted Subsidiaries of the Borrower, covering all of the applicable Missionapplicable Shared Services Party Stations Stations, are in full force and effect. Notwithstanding the foregoing, inclusion of the financial position and results of the Arrangement Mission EntitiesArrangement Parties shall at all times be without duplication; to the extent any provision of this Agreement, the Mission Credit Agreement or any other Loan Document or Mission Loan Document, or any other document relating to any Shared Services Party already includes the result of an the Mission Entitiesan Arrangement Party, 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 Borrower and its Restricted Subsidiaries, in calculating Financial Covenants, 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 (i) the Mission Borrower and the Mission Restricted Subsidiaries, (ii) Rocky Creek and its subsidiaries and (iii) each other Shared Services Party and, to the extent applicable, their subsidiaries (collectively, “"Arrangement Parties”") (including without limitation, all Indebtedness, other liabilities, revenues and other income) shall be included as if each such Arrangement Party is a Restricted Subsidiary of the Borrower and any television stations owned by an Arrangement Party is a “"Station,” " so long as Sharing Arrangements between each such Arrangement Party and the Borrower or one or more Restricted Subsidiaries of the Borrower, covering all of the applicable Shared Services Party Stations are in full force and effect. Notwithstanding the foregoing, inclusion of the financial position and results of the Arrangement Parties shall at all times be without duplication; to the extent any provision of this Agreement, the Mission Credit Agreement or any other Loan Document or Mission Loan Document, or any other document relating to any Shared Services Party already includes the result of an Arrangement Party, this provision shall not operate to duplicate any such included information.