Mission Entities definition
Examples of Mission Entities in a sentence
Deliver copies of a recent Lien, bankruptcy, judgment, copyright, patent and trademark search in each jurisdiction reasonably requested by the Collateral Agent with respect to the Nexstar Entities and the Mission Entities.
On the Closing Date, after giving effect to the Transaction the Mission Entities, on a consolidated basis, are Solvent.
Concurrently with the funding of the Loans, all obligations of the Nexstar Entities and Mission Entities under the Existing Credit Agreement and the Existing Mission Credit Agreement shall have been refinanced in full.
Notwithstanding the foregoing, inclusion of the financial position and results of the Mission Entities shall at all times be without duplication; to the extent any provision of this Agreement, the Nexstar Credit Agreement or any other Loan Document or Nexstar Loan Document already includes the result of the Mission Entities, this provision shall not operate to duplicate any such included information.
As of the Closing Date, Part (b) of Schedule 5.11 is a complete and accurate list of all Mission Entities and their Subsidiaries, showing as of the Closing Date (as to each Mission Entity) the jurisdiction of its incorporation, the address of its principal place of business and its U.S. taxpayer identification number.
Concurrently with the funding of the Loans, all obligations of the Nexstar Entities and Mission Entities under the Existing Credit Agreement and the Existing Nexstar Credit Agreement shall have been refinanced in full.
Engage in any material line of business fundamentally and substantially different from the character of the Television Broadcasting Business of the Mission Entities taken as a whole.
The Administrative Agent shall have received duly executed certificates attesting to the Solvency of (i) the Nexstar Entities taken as a whole on a consolidated basis and (ii) the Mission Entities taken as a whole on a consolidated basis, in each case after giving effect to the Transaction and from the applicable Chief Financial Officer of the Borrower and the Nexstar Borrower, in the form previously agreed to in writing by the Borrower, the Administrative Agent and the Arrangers.
The properties of the Mission Entities and their Restricted Subsidiaries are insured with financially sound and reputable insurance companies not Affiliates of any of the Mission Entities, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where such Person operates.
The list of Real Properties owned and leased on Schedule 5.07 is a true, accurate and complete list of (i) all leased Real Property that is subject to a mortgage or deed of trust to secure the Senior Second Lien Notes and (ii) all owned Real Property, in each case of the Mission Entities and their Restricted Subsidiaries on the Closing Date.