Performing PIK Obligations definition

Performing PIK Obligations means funded PIK Obligations that (a) are not DIP Loans and (b) are Performing.
Sample 1Sample 2Sample 3
Performing PIK Obligations means PIK Obligations that (a) are not DIP Loans and (b) are Performing.
Sample 1Sample 2Sample 3
Performing PIK Obligations means funded PIK Obligations that are Performing.
Sample 1Sample 2Sample 3

More Definitions of Performing PIK Obligations

Performing PIK Obligations means PIK Obligations that (a) are not Underperforming Investments and (b) are Performing.
Sample 1Sample 2Sample 3
Performing PIK Obligations means PIK Obligations that are Performing.
Sample 1
Performing PIK Obligations means PIK Obligations that (a) are not DIP Loans and (b) are Performing. “Performing Second Lien Bank Loans” means Second Lien Bank Loans that (a) are not PIK Obligations, DIP Loans, Covenant-Lite Loans or Last Out Loans and (b) are Performing. “Permitted Foreign Jurisdiction” means Canada, Germany, Ireland, Luxembourg, the Netherlands, Australia and the United Kingdom. “Permitted Foreign Jurisdiction Portfolio Investment” means any Portfolio Investment that meets the eligibility criteria under paragraph (8) of Schedule 1.01(c) by reference to a Permitted Foreign Jurisdiction. “Permitted Prior Working Capital Lien” means, with respect to a Portfolio Company that is a borrower under a Bank Loan, a security interest to secure a working capital facility for such Portfolio Company in the accounts receivable and/or inventory (and all related property and all proceeds thereof) of such Portfolio Company and any of its subsidiaries that are guarantors of such working capital facility; provided that (i) such Bank Loan has a second priority 113
Sample 1
Performing PIK Obligations means funded PIK Obligations that (a) are not DIP Loans and (b) are Performing. “Performing Subordinated Covenant-Lite Loans” means funded Covenant-Lite Loans that (a) are not PIK Obligations, DIP Loans or Performing First Lien Covenant-Lite Loans and (b) are Performing. “Performing Second Lien Credit Facility Loans” means funded Second Lien Credit Facility Loans that (a) are not PIK Obligations, DIP Loans, Covenant-Lite Loans or Last Out Loans and (b) are Performing. (116)
Sample 1

Related to Performing PIK Obligations

  • Performing Second Lien Bank Loans means Second Lien Bank Loans which are Performing.

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • Performing First Lien Bank Loans means First Lien Bank Loans which are Performing.

  • Performing Equipment Note Person", "Pool Balance", "Rating Agencies", "Ratings Confirmation", "Regular Distribution Date", "Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Notes Obligations means Obligations in respect of the Notes, this Indenture and the Guarantees.

  • Designated Obligations means all obligations of the Borrower with respect to (a) principal of and interest on the Loans and (b) accrued and unpaid fees under the Loan Documents.