Maintenance of Corporate. ExistenceSection 5.01.
Maintenance of Corporate. EXISTENCESection 5.01.
Maintenance of Corporate. ExistenceSection 5.01. Maintenance of Corporate ExistenceSection 5.01. Maintenance of Corporate ExistenceSection 5.01.
Maintenance of Corporate. Limited Liability Company or Partnership ------------------------------------------------------------------ Existence, etc. The Parent Guarantors and the Borrower shall, and shall cause -------------- each of their respective Subsidiaries to, cause to be done at all times all things necessary to maintain and preserve the corporate, limited liability company or partnership existence, as the case may be, of each Nexstar Entity except to the extent otherwise permitted pursuant to Section 8.04. Each of the ------------ Nexstar Entities will continue to own and hold directly all of the outstanding shares of Capital Stock of their respective Subsidiaries, and each of the Parent Guarantors that collectively own all of the issued and outstanding Capital Stock of the Holding Company, other than Permitted Holdings Preferred Equity and Permitted Permanent Holdings Preferred Equity, will continue to own and hold directly all of such Capital Stock of the Holding Company, in each case as set forth on Schedule 6.17, except as otherwise permitted pursuant to Section 8.04. ------------- ------------ If the Holding Company is the New Holding Company, then the New Holding Company will continue to own and hold directly all of the Capital Stock of Nexstar Finance Holdings, other than Permitted Holdings Preferred Equity and Permitted Permanent Holdings Preferred Equity.
Maintenance of Corporate. Existence The Company shall maintain its corporate existence, will not dissolve or otherwise dispose of all or substantially all its assets and will not consolidate with or merge with or into another corporation; provided, however, that the Company may consolidate with or merge with or into, or sell or otherwise transfer all or substantially all of its assets (and may thereafter dissolve) to, another corporation, incorporated under the laws of the United States, one of the states thereof or the District of Columbia, if the surviving, resulting or transferee corporation, as the case may be (if other than the Company), prior to or simultaneously with such consolidation, merger, sale or transfer, assumes, by delivery to the Trustee of an instrument in writing satisfactory in form and substance to the Trustee, all the obligations of the Company hereunder. If consolidation, merger or sale or other transfer is made as permitted by this Section 6. 1, the provisions of this Section 6.1 shall continue in full force and effect and no further consolidation, merger or sale or other transfer shall be made except in compliance with the provisions of this Section 6. 1 .
Maintenance of Corporate. Limited Liability Company or ------------------------------------------------------ Partnership Existence, etc. Each Borrower shall, and shall cause each of its -------------------------- Subsidiaries to, cause to be done at all times all things necessary to maintain and preserve the corporate, limited liability company or partnership existence, as the case may be, of each such Credit Party except to the extent otherwise permitted pursuant to Section 8.04. Each such Credit Party will continue to own ------------ and hold directly all of the outstanding shares of Capital Stock of its Subsidiaries as set forth on Schedule 6.17, except as otherwise permitted ------------- pursuant to Section 8.04. ------------
