Income PIK Amount definition

Income PIK Amount has the meaning given to it in the Service Agency Agreement.
Income PIK Amount means, in relation to each Income Period, the amount calculated in accordance with paragraph (c)(i)(B) of Clause 5.3 (Income Amount).
Income PIK Amount has the meaning given to it in the Holdco Common Terms Agreement; "Income Period" has the meaning given to it in the Holdco Common Terms Agreement;

Examples of Income PIK Amount in a sentence

  • Each Participant shall have deemed to have made available to the Investment Agent its Contribution on each Purchase Transaction Date (other than a Purchase Transaction Date in relation to a Purchase Transaction entered into in connection with an Income PIK Amount) by way of the cancellation of the outstanding financial indebtedness of NMC Healthcare Ltd (in administration) owed to that Participant as at the date of this Agreement.

Related to Income PIK Amount