Examples of Nexstar Borrower in a sentence
To the extent required under the Nexstar Credit Agreement, each VIE Borrower has agreed to guarantee, and cause certain of its Restricted Subsidiaries to guarantee, the Nexstar Borrower’s obligations under the Nexstar Credit Agreement and certain hedging/cash management obligations of the Nexstar Borrower.
Notwithstanding any provision herein or in any other Group Loan Document to the contrary, a reallocation pursuant to this Section 2.06(d) shall only be permitted if the Nexstar Borrower and each of the other applicable Group Borrowers requests such a reallocation in accordance with the terms of Section 2.06(d) of the applicable Group Credit Agreement, in each case on identical terms.
The Nexstar Borrower has agreed to guarantee, and cause Nexstar Media and certain of its Subsidiaries to guarantee, the obligations of each VIE Borrower under the applicable VIE Credit Agreement and certain hedging/cash management obligations of each such VIE Borrower.
The Nexstar Borrower has agreed to guarantee, and cause Nexstar Media, the other Holding Companies and certain of Nexstar Media’s Restricted Subsidiaries to guarantee, the obligations of each VIE Borrower under the applicable VIE Credit Agreement and certain hedging/cash management obligations of each such VIE Borrower.
He agrees to “pick up after himself” while in residence at her apartment, including washing his whiskers out of the sink, and assisting with household duties.
Concurrently on the Closing Date, the Nexstar Credit Agreement shall be executed, delivered and effective on substantially similar terms for the Nexstar Borrower as the terms in this Agreement.
Use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, in respect of the Nexstar Borrower and (b) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.
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 Nexstar Borrower under its Subordinated Debt Documents (if any), Nexstar 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 Nexstar Term A Loans (if any) by the Nexstar Borrower in accordance with Section 2.01(d)(ii) of the Nexstar Credit Agreement.
On or prior to the Effective Date, the Nexstar Borrower shall have entered into the Nexstar Credit Agreement and related loan documents, and shall have utilized the proceeds from same to incur up to $232,300,000 in Indebtedness to refinance the Indebtedness outstanding under the Existing Nexstar Credit Agreement (as defined in the Nexstar Credit Agreement), all on a basis which is satisfactory to the Administrative Agent and the Lenders.