Common use of Additional Security; Further Assurances Clause in Contracts

Additional Security; Further Assurances. (a) Holdings will, and --------------------------------------- will cause each of its Domestic Subsidiaries (and to the extent that Section 7.13 is operative, each of its Foreign Subsidiaries) to, grant to the Collateral Agent security interests and mortgages in such assets and properties of Holdings and its Subsidiaries as are not covered by the Security Documents, and as may be requested from time to time by the Agent or the Required Banks (collectively, the "Additional Security Documents"). All such security interests and mortgages shall be granted pursuant to documentation reasonably satisfactory in form and substance to the Agent and shall constitute valid and enforceable perfected security interests and mortgages superior to and prior to the rights of all third Persons and subject to no other Liens except for Permitted Liens. The Additional Security Documents or instruments related thereto shall have been duly recorded or filed in such manner and in such places as are required by law to establish, perfect, preserve and protect the Liens in favor of the Collateral Agent required to be granted pursuant to the Additional Security Documents and all taxes, fees and other charges payable in connection therewith shall have been paid in full.

Additional Security; Further Assurances. (a) Holdings will, --------------------------------------- and --------------------------------------- will cause each of its Domestic Subsidiaries (and subject to the extent that Section 7.13 is operative7.14, each of its Foreign Subsidiaries) to, grant to the Collateral Agent security interests and mortgages in such assets and properties of Holdings and its Subsidiaries as are not covered by the original Security Documents, and as may be requested from time to time by the Agent or the Required Banks (collectively, the "Additional Security Documents"). All such security interests and mortgages shall be granted pursuant to documentation reasonably satisfactory in form and substance to the Agent and shall constitute valid and enforceable perfected security interests and mortgages superior to and prior to the rights of all third Persons and subject to no other Liens except for Permitted Liens. The Additional Security Documents or instruments related thereto shall have been duly recorded or filed in such manner and in such places as are required by law to establish, perfect, preserve and protect the Liens in favor of the Collateral Agent required to be granted pursuant to the Additional Security Documents and all taxes, fees and other charges payable in connection therewith shall have been paid in full.

Additional Security; Further Assurances. (a) Holdings The Parent Guarantors and the Borrower will, and --------------------------------------- will cause each of its Domestic their respective Subsidiaries (and to the extent that Section 7.13 is operative, each of its Foreign Subsidiaries) to, grant to the Collateral Agent Agent, for the benefit of the Banks, security interests and mortgages in such assets and properties of Holdings and its Subsidiaries the Nexstar Entities as are not covered by the Security Documents, and as may be requested from time to time by the Administrative Agent or the Required Majority Banks (collectively, the "“Additional Security Documents"”). All such security interests and mortgages shall be granted pursuant to documentation reasonably satisfactory in form and substance to the Administrative Agent and the Borrower and shall constitute valid and enforceable perfected security interests and mortgages superior to and prior to the rights of all third Persons and shall be subject to no other Liens except for Permitted Liens. The Additional Security Documents or instruments related thereto shall have been be duly recorded or filed in such manner and in such places as are required by law to establish, perfect, preserve and protect the Liens in favor of the Collateral Agent required to be granted pursuant to the Additional Security Documents and all taxes, fees and other charges payable in connection therewith shall have been be paid in full.

Additional Security; Further Assurances. (a) Holdings The Parent Guarantors and the Borrower will, and --------------------------------------- will cause each of its Domestic their respective Subsidiaries (and to the extent that Section 7.13 is operative, each of its Foreign Subsidiaries) to, grant to the Collateral Agent Agent, for the benefit of the Banks, security interests and mortgages in such assets and properties of Holdings and its Subsidiaries the Nexstar Entities as are not covered by the Security Documents, and as may be requested from time to time by the Administrative Agent or the Required Majority Banks (collectively, the "Additional Security Documents"). All such security interests and ----------------------------- mortgages shall be granted pursuant to documentation reasonably satisfactory in form and substance to the Administrative Agent and the Borrower and shall constitute valid and enforceable perfected security interests and mortgages superior to and prior to the rights of all third Persons and shall be subject to no other Liens except for Permitted Liens. The Additional Security Documents or instruments related thereto shall have been be duly recorded or filed in such manner and in such places as are required by law to establish, perfect, preserve and protect the Liens in favor of the Collateral Agent required to be granted pursuant to the Additional Security Documents and all taxes, fees and other charges payable in connection therewith shall have been be paid in full.

Additional Security; Further Assurances. (a) Holdings will, and --------------------------------------- will cause each of its Domestic Subsidiaries (and subject to the extent that Section 7.13 is operative7.13, each of its Foreign SubsidiariesSubsidiary) to, grant to the Collateral Agent security interests and mortgages in such assets and properties of Holdings and its Subsidiaries as are not covered by the original Security Documents, and as may be requested from time to time by the Agent or the Required Banks Documents (collectively, the "Additional Security Documents"), other than real property with a fair market value of less than $500,000 and vehicles. The Borrower shall give the Agent prompt written notice after any Credit Party becomes aware of the acquisition or creation of any such material assets and properties. All such security interests and mortgages shall be granted pursuant to documentation reasonably satisfactory in form and substance to the Agent and shall constitute valid and enforceable perfected security interests and mortgages superior to and prior to the rights of all third Persons and subject to no other Liens except for Permitted Liens. The Additional Security Documents or instruments related thereto shall have been be duly recorded or filed in such manner and in such places as are required by law to establish, perfect, preserve and protect the Liens in favor of the Collateral Agent required to be granted pursuant to the Additional Security Documents and all taxes, fees and other charges payable in connection therewith shall have been paid in full.

Additional Security; Further Assurances. (a) Holdings The Parent Guarantors and the Borrower will, and --------------------------------------- will cause each of its Domestic their respective Subsidiaries (and to the extent that Section 7.13 is operative, each of its Foreign Subsidiaries) to, grant to the Collateral Agent Agent, for the benefit of the Lenders, security interests and mortgages in such assets and properties of Holdings and its Subsidiaries the Nexstar Entities as are not covered by the Security Documents, and as may be requested from time to time by the Administrative Agent or the Required Banks Majority Lenders (collectively, the "“Additional Security Documents"”). All such security interests and mortgages shall be granted pursuant to documentation reasonably satisfactory in form and substance to the Administrative Agent and the Borrower and shall constitute valid and enforceable perfected security interests and mortgages superior to and prior to the rights of all third Persons and shall be subject to no other Liens except for Permitted Liens. The Additional Security Documents or instruments related thereto shall have been be duly recorded or filed in such manner and in such places as are required by law to establish, perfect, preserve and protect the Liens in favor of the Collateral Agent required to be granted pursuant to the Additional Security Documents and all taxes, fees and other charges payable in connection therewith shall have been be paid in full.

Additional Security; Further Assurances. (a) Holdings Each Loan Agreement Party will, and --------------------------------------- will cause each of its Domestic Subsidiaries (and to the extent that Section 7.13 is operative, each of its Foreign Subsidiaries) other Loan Parties to, grant to the Collateral Agent for the benefit of the Secured Creditors security interests and mortgages Mortgages in such assets and properties of Holdings such Loan Agreement Party and its Subsidiaries such other Loan Parties as are not covered by the original Security Documents, Documents and as may be reasonably requested from time to time by the Administrative Agent or the Required Banks Requisite Lenders (collectively, the "“Additional Security Documents"”). All such security interests and mortgages Mortgages shall be granted pursuant to documentation reasonably satisfactory in form and substance to the Administrative Agent and shall constitute valid and enforceable perfected security interests and mortgages Mortgages superior to and prior to the rights of all third Persons and subject to no other Liens except for Permitted Liens. The Additional Security Documents or instruments related thereto shall have been duly recorded or filed in such manner and in such places as are required by law to establish, perfect, preserve and protect the Liens in favor of the Collateral Agent required to be granted pursuant to the Additional Security Documents and all taxes, fees and other charges payable in connection therewith shall have been paid in full.