Existing PIK Notes definition

Existing PIK Notes means the Orion Engineered Carbons Finance & Co. S.C.A.’s $425,000,000 9.25%/10.00% PIK Toggle Notes due 2019.

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Existing PIK Notes means the 12% senior subordinated pay-in-kind notes due 2013 in an initial aggregate principal amount of $25,000,000 issued by Holdings pursuant to that certain Senior Subordinated Credit Agreement dated as of January 7, 2005, by and between Holdings, as borrower thereunder, and Citicorp Mezzanine III, L.P. (as assignee of Court Square Capital Limited), as lender.

Existing PIK Notes means Target’s Senior Floating Rate PIK Notes due 2011.

Examples of Existing PIK Notes in a sentence

Immediately after giving effect to the Transactions and the other transactions contemplated hereby, Holdings, the Borrower and the Subsidiaries shall have outstanding no Indebtedness for Money Borrowed or preferred stock other than (a) Indebtedness outstanding under this Agreement, (b) the Term Loans, (c) the Senior Notes, (d) the Existing PIK Notes and (e) Indebtedness set forth on Schedule 6.01.
Immediately after giving effect to the Transactions and the other transactions contemplated hereby, Holdings, the Borrower and the Subsidiaries shall have outstanding no Indebtedness or preferred stock other than (a) Indebtedness outstanding under this Agreement, (b) Indebtedness under the Revolving Loan Credit Agreement (if any), (c) the Senior Notes, (d) the Existing PIK Notes and (e) Indebtedness set forth on Schedule 6.01.

More Definitions of Existing PIK Notes

Existing PIK Notes means the Issuer’s 11 1/4% Senior Toggle Notes due 2015 issued on October 17, 2007 under the Existing PIK Notes Indenture plus any additional notes issued as pay-in-kind interest thereunder.

Existing PIK Notes means the 10.250% / 11.000% Senior PIK Notes due 2017 of Kleopatra Holdings 1 issued pursuant to that certain Indenture, dated as of May 8, 2013, among Kleopatra Holdings 1 (acting by its general partner and sole manager Kleopatra Holdings GP S.A.), Citibank, N.A., London Branch, as trustee, Citibank, N.A., London Branch, as paying agent and transfer agent, Citibank, N.A., London Branch, as security agent and Citigroup Global Markets Deutschland AG, as registrar.

Existing PIK Notes means the Company’s $713 million 10.25% Senior PIK Toggle Notes due 2015 (including any increases in the principal amount or issuances of additional notes in connection with the payment of interest due thereunder).

Existing PIK Notes means the (a) 6.500% / 7.250% senior secured toggle notes due 2027 (ISIN Reg S: USL02238AH37/ISIN 144A: US00191AAD81) and (b) 5.000% / 5.750% senior secured toggle notes due 2027 (ISIN Reg S: XS2079032483/ISIN 144A: XS2079032640) issued by ARDF under the Existing PIK Indenture.