Common use of Credit Agreement Covenants Clause in Contracts

Credit Agreement Covenants. Each Guarantor covenants and agrees that --------------------------- on and after the date hereof and until the Aggregate Commitment and all Interest Rate Protection Agreements have been terminated and no Loan or Letter of Credit remains outstanding (other than Letters of Credit, together with all fees that have accrued and will accrue thereon through the stated termination date of such Letters of Credit, which have been supported in a manner satisfactory to the Issuing Bank in its sole and absolute discretion) and all Guaranteed Obligations have been paid in full (other than indemnities described in Section 11.05 of the Credit Agreement and analogous provisions in the Security Documents which are not then due and payable), such Guarantor shall take, or will refrain from taking, as the case may be, all actions that are necessary to be taken or not taken so that no violation of any provision, covenant or agreement contained in Article VII or VIII of the Credit Agreement, and so that no Default or Event of Default is caused by the actions of such Guarantor or any of its Subsidiaries.

Appears in 4 contracts

Samples: Subsidiary Guaranty (Nexstar Broadcasting of the Wichita Falls LLC), Nexstar Broadcasting of the Wichita Falls LLC, Nexstar Broadcasting of the Wichita Falls LLC

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Credit Agreement Covenants. Each Guarantor covenants and agrees that --------------------------- on and after the date hereof and until the Aggregate Commitment and all Interest Rate Protection Agreements have been terminated and no Loan or Letter of Credit remains outstanding (other than Letters of Credit, together with all fees that have accrued and will accrue thereon through the stated termination date of such Letters of Credit, which have been supported in a manner satisfactory to the Issuing Bank in its sole and absolute discretion) and all Guaranteed Obligations have been paid in full (other than indemnities described in Section 11.05 of the Credit Agreement and analogous provisions in the Security Documents which are not then due and payable), such Guarantor shall take, or will refrain from taking, as the case may be, all actions that are necessary to be taken or not taken so that no violation of any provision, covenant or agreement contained in Article VII or VIII of the Credit Agreement, and so that no Default or Event of Default is caused by the actions of such Guarantor or any of its Subsidiaries.

Appears in 3 contracts

Samples: Guaranty (Nexstar Broadcasting Group Inc), First Restated Guaranty (Mission Broadcasting Inc), Credit Agreement (Nexstar Finance Inc)

Credit Agreement Covenants. Each Guarantor covenants and agrees that --------------------------- on and after the date hereof and until the Aggregate Commitment and all Interest Rate Protection Agreements have been terminated and no Loan or Letter of Credit remains outstanding (other than Letters of Credit, together with all fees that have accrued and will accrue thereon through the stated termination date of such Letters of Credit, which have been supported in a manner satisfactory to the Issuing Bank in its sole and absolute discretion) and all Guaranteed Obligations have been paid in full (other than indemnities described in Section 11.05 12.05 of the Credit Agreement and analogous provisions in the Security Documents which are not then due and payable), such Guarantor shall take, or will refrain from taking, as the case may be, all actions that are necessary to be taken or not taken so that no violation of any provision, covenant or agreement contained in Article VII or VIII of the Credit Agreement, and so that no Default or Event of Default is caused by the actions of such Guarantor or any of its Subsidiaries.

Appears in 1 contract

Samples: First Restated Guaranty (Nexstar Broadcasting Group Inc)

Credit Agreement Covenants. Each The Guarantor covenants and agrees that --------------------------- on and after the date hereof and until the Aggregate Commitment and all Interest Rate Protection Swap Agreements have been terminated and no Loan or Letter of Credit remains outstanding (other than Letters of Credit, together with all fees that have accrued and will accrue thereon through the stated termination date of such Letters of Credit, which have been supported in a manner satisfactory to the Issuing Bank in its sole and absolute discretion) and all Guaranteed Obligations have been paid in full (other than indemnities described in Section 11.05 10.13 of the Credit Loan Agreement and analogous provisions in the Security Documents which are not then due and payable), such the Guarantor shall take, or will refrain from taking, as the case may be, all actions that are necessary to be taken or not taken so that no violation of any provision, covenant or agreement contained in Article VII Section 6 or VIII Section 7 of the Credit Loan Agreement, and so that no Default or Event of Default is caused by the actions of such the Guarantor or any of its Subsidiaries.. E-10 176 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK; SIGNATURE PAGE FOLLOWS]

Appears in 1 contract

Samples: Security Agreement (Petroleum Helicopters Inc)

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Credit Agreement Covenants. Each The Guarantor covenants and agrees that --------------------------- on and after the date hereof and until the Aggregate Commitment and all Interest Rate Protection Agreements have been terminated and no Loan or Letter of Credit remains outstanding (other than Letters of Credit, together with all fees that have accrued and will accrue thereon through the stated termination date of such Letters of Credit, which have been supported in a manner satisfactory to the Issuing Bank in its sole and absolute discretion) and all Guaranteed Obligations have been paid in full (other than indemnities described in Section 11.05 of the Credit Agreement and analogous provisions in the Security Documents which are not then due and payable), such the Guarantor shall take, or will refrain from taking, as the case may be, all actions that are necessary to be taken or not taken so that no violation of any provision, covenant or agreement contained in Article VII or VIII of the Credit Agreement, and so that no Default or Event of Default is caused by the actions of such the Guarantor or any of its Subsidiaries.

Appears in 1 contract

Samples: Nexstar Broadcasting of the Wichita Falls LLC

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