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Group Facilities Ratable Status
Group Facilities Ratable Status contract clause examples
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Upon completion of a Permitted Debt Exchange, the Group Revolving Credit Commitments and/or the Group Second Amendment Effective Date Term Loans that are Term B Loans may be re-allocated among the Group Lenders of the same Class to maintain Group Facilities Ratable Status.

Notwithstanding anything in any Group Loan Document to the contrary, and subject only to clause (e[[Borrower:Organization]] below, each Lender (in its capacity hereunder as a Lender and as a Group Lender under other Group Credit Agreements[[Borrower:Organization]] hereby authorizes and directs the Administrative Agent, in each case set forth in this Agreement and in any other cases where Group Facilities Ratable Status is not maintained, at any time and from time to time, without notice or consent, to cause the Group Lenders of the same Class to purchase assignments and sell assignments, as necessary, of holdings and commitments, and to purchase and sell participations in Group Letters of Credit, Group Swing Line Loans and other Group Obligations under this Agreement and the other Group Credit Agreements among each other, in such amounts and at such times as determined by the Administrative Agent in its reasonable discretion to maintain the Group Facilities Ratable Status.

Notwithstanding anything in any Group Loan Document to the contrary, and subject only to clause (e[[Borrower:Organization]] below, each Lender (in its capacity hereunder as a Lender and as a Group Lender under other Group Credit Agreements[[Borrower:Organization]] hereby authorizes and directs the Administrative Agent, in each case set forth in this Agreement and in any other cases where Group Facilities Ratable Status is not maintained, at any time and from time to time, without notice or consent, to cause the Group Lenders of the same Class to purchase assignments and sell assignments, as necessary, of holdings and commitments, and to purchase and sell participations in Group Letters of Credit, Group Swing Line Loans and other Group Obligations under this Agreement and the other Group Credit Agreements among each other, in such amounts and at such times as determined by the Administrative Agent in its reasonable discretion to maintain the Group Facilities Ratable Status.

Notwithstanding anything in any Group Loan Document to the contrary, and subject only to clause (e[[Borrower:Organization]] below, each Lender (in its capacity hereunder as a Lender and as a Group Lender under other Group Credit Agreements[[Borrower:Organization]] hereby authorizes and directs the Administrative Agent, in each case set forth in this Agreement and in any other cases where Group Facilities Ratable Status is not maintained, at any time and from time to time, without notice or consent, to cause the Group Lenders of the same Class to purchase assignments and sell assignments, as necessary, of holdings and commitments, and to purchase and sell participations in Group Letters of Credit, Group Swing Line Loans and other Group Obligations under this Agreement and the other Group Credit Agreements among each other, in such amounts and at such times as determined by the Administrative Agent in its reasonable discretion to maintain the Group Facilities Ratable Status.

Notwithstanding anything in any Group Loan Document to the contrary, and subject only to clause (e[[Borrower:Organization]] below, each Lender (in its capacity hereunder as a Lender and as a Group Lender under other Group Credit Agreements[[Borrower:Organization]] hereby authorizes and directs the Administrative Agent, in each case set forth in this Agreement and in any other cases where Group Facilities Ratable Status is not maintained, at any time and from time to time, without notice or consent, to cause the Group Lenders of the same Class to purchase assignments and sell assignments, as necessary, of holdings and commitments, and to purchase and sell participations in Group Letters of Credit, Group Swing Line Loans and other Group Obligations under this Agreement and the other Group Credit Agreements among each other, in such amounts and at such times as determined by the Administrative Agent in its reasonable discretion to maintain the Group Facilities Ratable Status.

Notwithstanding anything in any Group Loan Document to the contrary, and subject only to clause (e[[WXXA Borrower:Organization]] below, each Lender (in its capacity hereunder as a Lender and as a Group Lender under other Group Credit Agreements[[WXXA Borrower:Organization]] hereby authorizes and directs the Administrative Agent, in each case set forth in this Agreement and in any other cases where Group Facilities Ratable Status is not maintained, at any time and from time to time, without notice or consent, to cause the Group Lenders of the same Class to purchase assignments and sell assignments, as necessary, of holdings and commitments, and to purchase and sell participations in Group Letters of Credit, Group Swing Line Loans and other Group Obligations under this Agreement and the other Group Credit Agreements among each other, in such amounts and at such times as determined by the Administrative Agent in its reasonable discretion to maintain the Group Facilities Ratable Status.

Notwithstanding anything in any Group Loan Document to the contrary, and subject only to clause (e[[Borrower:Organization]] below, each Lender (in its capacity hereunder as a Lender and as a Group Lender under other Group Credit Agreements[[Borrower:Organization]] hereby authorizes and directs the Administrative Agent, in each case set forth in this Agreement and in any other cases where Group Facilities Ratable Status is not maintained, at any time and from time to time, without notice or consent, to cause the Group Lenders of the same Class to purchase assignments and sell assignments, as necessary, of holdings and commitments, and to purchase and sell participations in Group Letters of Credit, Group Swing Line Loans and other Group Obligations under this Agreement and the other Group Credit Agreements among each other, in such amounts and at such times as determined by the Administrative Agent in its reasonable discretion to maintain the Group Facilities Ratable Status.

Notwithstanding anything in any Group Loan Document to the contrary, and subject only to clause (e[[Borrower:Organization]] below, each Lender (in its capacity hereunder as a Lender and as a Group Lender under other Group Credit Agreements[[Borrower:Organization]] hereby authorizes and directs the Administrative Agent, in each case set forth in this Agreement and in any other cases where Group Facilities Ratable Status is not maintained, at any time and from time to time, without notice or consent, to cause the Group Lenders of the same Class to purchase assignments and sell assignments, as necessary, of holdings and commitments, and to purchase and sell participations in Group Letters of Credit, Group Swing Line Loans and other Group Obligations under this Agreement and the other Group Credit Agreements among each other, in such amounts and at such times as determined by the Administrative Agent in its reasonable discretion to maintain the Group Facilities Ratable Status.

. Notwithstanding anything herein or in any Loan Document to the contrary, a Variable Interest Entity of Nexstar Media may become a “VIE Borrower” hereunder in accordance with the terms of [Section 10.26] of the Nexstar Credit Agreement. Upon consummation of a transaction adding such VIE Borrower, the Group Facilities of the same Class may be reallocated pursuant to the terms of [Section 10.20] to maintain Group Facilities Ratable Status.

Group Second Amendment Effective Date Term A Loans Ratable Status” has the meaning specified in Section 10.20(b[[WXXA Borrower:Organization]]. “Group Second Amendment Effective Date Term B Loans Ratable Status” has the meaning specified in Section 10.20(b[[WXXA Borrower:Organization]].

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