Mission Entity definition
Examples of Mission Entity in a sentence
Nothing herein shall be construed to be an amendment, consent or a waiver of any requirements of any Mission Entity or of any other Person under the Credit Agreement or any of the other Loan Documents except as expressly set forth herein or pursuant to a written agreement executed in connection herewith.
The Borrower agrees that notices to be given to any other Mission Entity under this Agreement or any other Loan Document may be given to the Borrower in accordance with the provisions of this Section 10.02 with the same effect as if given to such other Mission Entity in accordance with the terms hereunder or thereunder.
This Agreement has been, and each other Loan Document to which any Mission Entity is a party, when delivered hereunder, will have been, duly executed and delivered by such Mission Entity that is party thereto.
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.
Except as set forth on Schedule 5.06, there are no actions, suits, proceedings, claims or disputes pending or, to the knowledge of the Borrower, threatened or contemplated in writing, at law, in equity, in arbitration or before any Governmental Authority, by or against any Mission Entity, or against any of their properties or revenues that either individually or in the aggregate, if determined adversely, could reasonably be expected to have a Material Adverse Effect.
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.
There are no Tax audits, deficiencies, assessments or other claims with respect to any Mission Entity or its Restricted Subsidiaries that could, either individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.
This Agreement constitutes, and each other Loan Document to which any Mission Entity is a party when so delivered will constitute, a legal, valid and binding obligation of such Mission Entity, enforceable against each Mission Entity that is party thereto in accordance with its terms, except as such enforceability may be limited by Debtor Relief Laws and by general principles of equity.
Maintain proper books of record and account, in which entries that are full, true and correct in all material respects and are in conformity with GAAP consistently applied shall be made of all material financial transactions and matters involving the assets and business of such Mission Entity.
No claim or litigation regarding any such IP Rights, is pending or, to the knowledge of the Borrower, threatened against any Mission Entity or any other Restricted Subsidiary of a Mission Entity, which, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.