PIK Notes definition
PIK Notes means additional Notes issued under this Indenture on the same terms and conditions as the Notes issued on the Closing Date in connection with the payment of PIK Interest.
PIK Notes shall have the meaning specified in Section 2.03(d)(ii).
PIK Notes has the meaning set forth in Section 2.07.
Examples of PIK Notes in a sentence
Any PIK Notes issued in certificated form will be dated as of the applicable Interest Payment Date and will bear interest from and after such date.
Any certificated PIK Notes will be issued with the description “PIK” on the face of such PIK Note.
Any PIK Notes issued in certificated form will be dated as of the applicable interest payment date and will bear interest from and after such date.
The Trustee will authenticate and deliver such PIK Notes in certificated form for original issuance to the Holders thereof on the relevant record date, as shown by the records of the register of such Holders.
Any certificated PIK Notes will be issued with the description PIK on the face of such PIK Note.
More Definitions of PIK Notes
PIK Notes means the $20 million 14.75% Senior Subordinated PIK Notes due July 1, 2015, issued by TOUSA and guaranteed by certain subsidiaries of TOUSA, pursuant to the indenture dated July 31, 2007.
PIK Notes mean additional Notes issued under this Indenture on the same terms and conditions as the Notes issued on the Issue Date in connection with a PIK Payment. For purposes of this Indenture, all references to “PIK Notes” shall include the Related PIK Notes.
PIK Notes means any Notes issued pursuant to a PIK Payment.
PIK Notes has the meaning specified in Section 2.08. “PIK Option” has the meaning specified in Section 2.06.
PIK Notes means additional Notes issued under this Indenture on the same terms and conditions as the Notes issued on the Issue Date in connection with PIK Interest. For the avoidance of doubt, the term “PIK Notes” shall not include any increases to the principal amount of the outstanding Global Notes as a result of a payment of PIK Interest.
PIK Notes means the non-interest bearing promissory notes issued to holders of 2022 Convertible Notes in satisfaction of the accrued and unpaid interest for the period January 1, 2020 to December 31, 2020.
PIK Notes means Additional Notes issued under this Indenture in connection with a PIK Payment, with the same terms as the Initial Notes, except that interest on any PIK Notes shall accrue from their date of issuance.