PIK Notes definition

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

  • The market, if any, for the PIK Notes may be subject to similar disruptions.

  • Historically, the market for non-investment grade debt has been subject to disruptions that have caused substantial volatility in the prices of securities similar to the PIK Notes.

  • See "Description of Other Indebtedness" and "Description of the PIK Notes".

  • Any such disruptions may adversely affect the value of the PIK Notes.

  • 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.


More Definitions of PIK Notes

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 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 has the meaning specified in Section 2.08. “PIK Option” has the meaning specified in Section 2.06.
PIK Notes means any Notes issued pursuant to a PIK Payment.
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 has the meaning set forth in Exhibit A hereto.
PIK Notes means the EUR125,000,000 Floating Rate PIK Notes due 2013 issued by Invitel Holdings N.V. and subsequently assumed by HTCC Holdco I B.V. as the new issuer.