Mission Entities definition
Examples of Mission Entities in a sentence
Deliver copies of a recent Lien, bankruptcy, judgment, copyright, patent and trademark search in each jurisdiction reasonably requested by the Collateral Agent with respect to the Nexstar Entities and the Mission Entities.
On the Closing Date, after giving effect to the Transaction the Mission Entities, on a consolidated basis, are Solvent.
The Mission Guaranty of Nexstar Obligations is effective to bind the Mission Entities to an unconditional guarantee of the Nexstar Obligations and is a legal, valid and binding obligation of the Mission Entities, enforceable against each such Mission Entity in accordance with its terms, except as such enforceability may be limited by Debtor Relief Laws and by general principles of equity.
Concurrently with the funding of the Loans, all obligations of the Nexstar Entities and Mission Entities under the Existing Credit Agreement and the Existing Mission Credit Agreement shall have been refinanced in full.
The list of Real Properties owned and leased on Schedule 5.07 is a true, accurate and complete list of (i) all leased Real Property that is subject to a mortgage or deed of trust to secure the Senior Second Lien Notes and (ii) all owned Real Property, in each case of the Mission Entities and their Restricted Subsidiaries on the Closing Date.
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.
As of the Closing Date, Part (b) of Schedule 5.11 is a complete and accurate list of all Mission Entities and their Subsidiaries, showing as of the Closing Date (as to each Mission Entity) the jurisdiction of its incorporation, the address of its principal place of business and its U.S. taxpayer identification number.
Concurrently with the funding of the Loans, all obligations of the Nexstar Entities and Mission Entities under the Existing Credit Agreement and the Existing Nexstar Credit Agreement shall have been refinanced in full.
There are no strikes, walkouts, work stoppages or other material labor disputes pending or, to the knowledge of the Borrower, threatened against any of the Mission Entities, except for those as would not, individually or in the aggregate for the Mission Entities, reasonably be expected to result in a Material Adverse 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.