Common use of CCA Acquisition Clause in Contracts

CCA Acquisition. The CCA Acquisition Agreement shall be in full force and effect and the Administrative Agent shall have evidence that concurrently (or substantially simultaneously) with the funding of the Loans, the CCA Acquisition shall have been consummated in all material respects in accordance with the terms of the CCA Acquisition Agreement without giving effect to any modifications, amendments, consents or waivers by the Borrower to the CCA Acquisition Agreement or the other CCA Acquisition Documents that are materially adverse to the Lenders (as reasonably determined by the Administrative Agent) without the prior consent of the Administrative Agent (such consent not to be unreasonably withheld, delayed or conditioned) (it being understood that any reduction in the purchase price of, or consideration for, the CCA Acquisition is not materially adverse to the interests of the Lenders but, to the extent such reduction is greater than $5,000,000, shall reduce the Term A Commitments pro rata on a dollar-for-dollar basis). The Borrower shall have delivered to the Administrative Agent all CCA Acquisition Documents that were not been previously delivered in connection with the effectiveness of the First Amendment.

Appears in 8 contracts

Samples: Credit Agreement (Nexstar Broadcasting Group Inc), Credit Agreement (Nexstar Broadcasting Group Inc), Credit Agreement (Mission Broadcasting Inc)

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