Examples of Mission Borrower in a sentence
Concurrently on the Closing Date, the Mission Credit Agreement shall be executed, delivered and effective on substantially similar terms for the Mission Borrower as the terms in this Agreement.
The Administrative Agent shall have received duly executed certificates attesting to the Solvency of (i) the Nexstar Entities taken as a whole on a consolidated basis and (ii) the Mission Entities taken as a whole on a consolidated basis, in each case after giving effect to the Transaction and from the applicable Chief Financial Officer of the Borrower and the Mission Borrower, in the form previously agreed to in writing by the Borrower, the Administrative Agent and the Arrangers.
The following shall be a true and correct representation on the Closing Date: The Obligations constitute “Senior Indebtedness” (or similar term or treatment) of the Borrower and the Mission Borrower under its Subordinated Debt Documents (if any), Mission Subordinated Debt Documents (if any), and Indenture Documentation.
Concurrently with the funding of the Loans, the Administrative Agent shall have received evidence of the closing and funding of the Mission Term A Loans (if any) by the Mission Borrower in accordance with the Mission Credit Agreement.
A Revolving Reallocation Letter duly executed by the Revolving Lenders, the Nexstar Entities and the Mission Borrower.
On or prior to the Effective Date, the Mission Borrower shall have entered into the Mission Credit Agreement and related loan documents, and shall have utilized the proceeds from same to incur up to $220,200,000 in Indebtedness to refinance the Indebtedness outstanding under the Existing Mission Credit Agreement (as defined in the Mission Credit Agreement), all on a basis which is satisfactory to the Administrative Agent and the Lenders.
The following shall be a true and correct representation on the Closing Date: The Obligations constitute "Senior Indebtedness" (or similar term or treatment) of the Borrower and the Mission Borrower under its Subordinated Debt Documents (if any), Mission Subordinated Debt Documents (if any), and Indenture Documentation.
No voluntary termination or reduction in the Aggregate Revolving Commitment shall be effective unless the Mission Borrower makes a concurrent ratable reduction to the Mission Aggregate Revolving Commitment.
Sublimits in amounts and terms to be agreed will be available within the baskets set forth above for use by the Mission Borrower, the Xxxxxxxx Borrower and the Shield Borrowers.
The Nexstar Entities Guarantee all obligations incurred by the Mission Borrower under the Mission Loan Documents.