Form 8-K SINCLAIR BROADCAST GROUP Due: April 21
“Renewable due date” means
December 4, 2025 (or, for allthe first one Turning Lender who extended itsDue date or 2022 Turning Commitment under an authorized amendment, the extension mMaturity DDeat set out in such loan modification agreement).depending on the case.
“NSRmeans Diamond Sports Group, LLC, a Delaware limited liability company.
“RSN Credit Agreement” means the credit agreement dated as of the date hereof between, among others, Diamond Sports Intermediate Holdings LLC, as holding companies, RSN, as borrower, the lenders parties thereto, and JPMorgan Chase Bank, NA, as Administrative Agent and Collateral Agent.
“Top RSN Ratingsmeans $3,050,000,000 aggregate principal amount of senior secured notes due 2026 issued by RSN and Diamond Sports Finance Company, a Delaware corporation.
“RSN Notesmeans, collectively, the RSN Senior Notes and the RSN Unsecured Notes.
“RSN Term Loans» refers to the term loans granted under the RSN Credit Agreement.
“Unsecured RSN ticketsmeans $1,825,000,000 aggregate principal amount of senior bonds due 2027, issued by RSN and Diamond Sports Finance Company, a Delaware corporation.
“S&Pmeans S&P Global Ratings, a business unit of Standard & Poor’s Financial Services LLC, and any successor thereto.
“sale-leaseback sale” means any transaction or series of related transactions whereby the Borrower or any other Restricted Subsidiary (a) sells, transfers or otherwise disposes of any property, real property or personnel, whether presently owned or subsequently acquired, and ( (b) in connection with such transaction, subsequently rents or leases such property or any other property which he intends to use for essentially the same purposes as the property or properties sold, transferred or alienated.
“Punishmentsmeans economic sanctions administered or enforced by the United States government (including, without limitation, sanctions enforced by OFAC), the United Nations Security Council, the European Union, or the United States Treasury. His Majesty.
“SECOND» means the Securities and Exchange Commission or any governmental authority succeeding one of its principal functions.
“Second Amendmentmeans the Second Amendment to the Seventh Amended and Restated Credit Agreement, dated December 4, 2020, between the Borrower, the Parent Company, the other Guarantors parties thereto, the Renewable Lenders, the Issuing Banks, the Swingline Lender, Administrator and Collateral Agent.
“Agreement between second-ranking creditors” means an agreement between second-ranking creditors, essentially in the form of a Part Fentered into between the Security Agent, the Parties to the Loan and one or more Principal Representatives for the holders of Debts secured by Security Interests ranking below the Security Interests securing the Secured Obligations, with such modifications as the Administrative Agent and the ‘Borrower can reasonably agree.
“Secure Cash Management Bonds“means the payment and due performance of all obligations of the Parent, the Borrower and its Restricted Subsidiaries with respect to any overdraft and related liabilities arising out of cash, deposit, agreements centralization and cash management services, corporate credit and purchase cards and related card programs or any automated clearing house funds transfer (collectively, “Cash management services”) provided to the Parent Company, the Borrower or any Subsidiary (whether absolute or contingent and in any manner and at any time whether created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions thereof)) which are (a) due to the Administration Agent or any of its Affiliates, (b) due on the Effective Date to a Person who is a Lender or an Affiliate of a Lender on the Effective Date or (c) due to a Person who is an Agent, a Lender or an Affiliate of an Agent or a Lender at the time such obligations are incurred.