Common Terms definition

Common Terms means, solely to the extent there is one or more Classes of Group Commitments or Group Loans that are designated on the Facilities Schedule hereto as “Constitutes Same Class With” the applicable Commitments or Loans under this Agreement, the following provisions in such Group Credit Agreement: (a) Section 10.20 and any other provision requiring re-allocation among the Group Facilities to achieve ratable status, (b) any provision requiring comparable action to be taken under other Group Credit Agreements, (c) the definitions of “Group”, the second paragraph of “Class”, “Majority Lenders”, “Required Revolving Credit Lenders”, “Required Term Lenders”, “Required Revolving Credit and Term A Lenders”, (d) any designation of any Group Loans or Group Commitments as belonging to the same “Class”, (e) any provision affecting the pricing of any Class of Loans or Commitments and (f) any other provision with respect to which there is a comparable provision in the Nexstar Credit Agreement or any of the other VIE Credit Agreements with respect to which the Nexstar Borrower and the Administrative Agent have jointly determined, both acting reasonably, that a similar amendment would be required; provided that comparable provisions of each Group Credit Agreement shall maintain the same section and clause numbers.
Common Terms means clauses 12 (Confidentiality), 12A (Collateral Trustee), 19 (Notices), 21 (Calculations and Certificates), 22 (Partial Invalidity), 23 (Remedies and Waivers), 25 (Counterparts) and 27 (Non-Petition and Limited Recourse) (but, (i) in the case of Transaction Documents which are not expressed to be governed by English law, excluding clause 27.2.2(i)(b) (Insufficient Recoveries); (ii) in the case of Transaction Documents which are expressed to be governed by French law, excluding clause 25 (Counterparts); and (iii) in the case of Transaction Documents to which Senior Noteholders are not party, excluding clause 12A (Collateral Trustee)) of the Framework Agreement and, in the case of Transaction Documents which are expressed to be governed by German law, clause 27 (Non-Petition and Limited Recourse) shall be construed such as to not exclude, as a matter of substance, any claims resulting from gross negligence (große Fahrlässigkeit) or wilful misconduct (vorsätzliches Fehlverhalten).
Common Terms means the common terms set out in Schedule 2 of the Incorporated Terms Memorandum and incorporated into each of the German Transaction Documents by reference.

Examples of Common Terms in a sentence

  • Paragraphs 6 (Limited Recourse; Non-Petition) and 7 (Obligations as Corporate Obligations) of the Common Terms apply to this Supplement and shall be deemed set out in full herein.

  • Except as otherwise provided in Section 2.1(p) of the Common Terms or Section 3.5, this Agreement may be amended or modified, and the terms of this Agreement may be waived, only by a written instrument signed by all parties signatories to this Agreement.

  • Except as provided below, the Common Terms apply to this Supplement and the recitals hereto, where applicable, and shall be binding on the parties to this Supplement as if set out in full in this Supplement.

  • Paragraph 1 (Further Assurance) of the Common Terms applies to this Supplement as if set out in full herein, and as if the Receivables Trustee and the Servicer were the Obligor (as defined therein) and the Beneficiaries were the Obligee (as defined therein).


More Definitions of Common Terms

Common Terms means the terms set out in Clause 3 of this Agreement.
Common Terms means the following provisions in each Group Credit Agreement: (a) Section 10.20 and any other provision requiring re-allocation among the Group Facilities to achieve ratable status, (b) any provision requiring comparable action to be taken under other Group Credit Agreements, (c) the definitions of “Group”, the second paragraph of “Class”, “Majority Lenders”, “Required Revolving Credit Lenders”, “Required Term Lenders”, “Required Revolving Credit and Term A Lenders”, (d) any designation of any Group Loans or Group Commitments as belonging to the same “Class”, (e) any provision affecting the pricing of any Class of Loans or Commitments and (f) any other provision with respect to which there is a comparable provision in the Nexstar Credit Agreement or any of the other VIE Credit Agreements with respect to which the Nexstar Borrower and the Administrative Agent have jointly determined, both acting reasonably, that a similar amendment would be required; provided that comparable provisions of each Group Credit Agreement shall maintain the same section and clause numbers.
Common Terms means clauses 3 (Limited Recourse; No Lien Or Set-Off; No Petition) through 8 (Confidentiality) of the Incorporated Terms Memorandum.
Common Terms means the provisions set out in Schedules 2 to 7 (inclusive) of the Master Framework Agreement;
Common Terms means the provisions set out in Schedule 2 (Common Terms);
Common Terms means the provisions set out in Clauses 2 to 25 of this Agreement; Concentration Limits means
Common Terms means clauses 3 (Limited Recourse; No Lien or Set-Off; No Petition) through 8 (Confidentiality) of the Incorporated Terms Memorandum.