Common use of Covenants of Buyer during Exercise Period Clause in Contracts

Covenants of Buyer during Exercise Period. Buyer covenants and agrees that, after it gives any Exercise Notice and unless and until such Exercise Notice is withdrawn pursuant to Section 1.3, Buyer will use reasonable efforts (both prior to and after the Closing Date) jointly with Seller to obtain or cause to be obtained prior to the Closing Date all Consents and to execute such assumption instruments as may be required or requested in connection with obtaining any Consent (or, in the alternative, enter into one or more replacement agreements which would be effective on or prior to the Closing and would grant Buyer substantially the same benefits with respect to the Station as Seller enjoys with respect to the Station under the replaced Contract(s) immediately prior to the Closing).

Appears in 7 contracts

Samples: Option Agreement (Mission Broadcasting Inc), Option Agreement (Nexstar Broadcasting Group Inc), Option Agreement (Nexstar Broadcasting Group Inc)

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Covenants of Buyer during Exercise Period. Buyer covenants and agrees that, after it gives any Exercise Notice and unless and until such Exercise Notice is withdrawn pursuant to Section 1.3, Buyer will use reasonable efforts (both prior to and after the Closing Date) jointly with Seller to obtain or cause to be obtained prior to the Closing Date all Consents and to execute such assumption instruments as may be required or requested in connection with obtaining any Consent (or, in the alternative, enter into one or more replacement agreements which would be effective on or prior to the Closing and would grant Buyer substantially the same benefits with respect to the Station Stations as Seller enjoys with respect to the Station Stations under the replaced Contract(s) immediately prior to the Closing).

Appears in 3 contracts

Samples: Option Agreement (Mission Broadcasting Inc), Option Agreement (Nexstar Broadcasting Group Inc), Option Agreement (Nexstar Broadcasting Group Inc)

Covenants of Buyer during Exercise Period. Buyer covenants and agrees that, after it gives any Exercise Notice and unless and until such Exercise Notice is withdrawn pursuant to Section 1.3, Buyer will use reasonable efforts (both prior to and after the Closing Date) jointly with Seller Bastet to obtain or cause to be obtained prior to the Closing Date all Consents and to execute such assumption instruments as may be required or requested in connection with obtaining any Consent (or, in the alternative, enter into one or more replacement agreements which would be effective on or prior to the Closing and would grant Buyer substantially the same benefits with respect to the Station as Seller Bastet enjoys with respect to the Station under the replaced Contract(s) immediately prior to the Closing).

Appears in 1 contract

Samples: Option Agreement (Nexstar Broadcasting Group Inc)

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Covenants of Buyer during Exercise Period. Buyer covenants and agrees that, after it gives any Exercise Notice and unless and until such Exercise Notice is withdrawn pursuant to Section 1.3, Buyer will use reasonable efforts (both prior to and after the Closing Date) jointly with Seller to obtain or cause to be obtained prior to the Closing Date all Consents and to execute such assumption instruments as may be required or requested in connection with obtaining any Consent (or, in the alternative, enter into one or more replacement agreements which would be effective on or prior to the Closing and would grant Buyer substantially the same benefits with respect to the Station as Seller Bastet or Stockholder, as the case may be, enjoys with respect to the Station under the replaced Contract(s) immediately prior to the Closing).

Appears in 1 contract

Samples: Option Agreement (Nexstar Broadcasting Group Inc)

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