PIK Election has the meaning specified in Section 2.13(f).
PIK Election as defined in Section 2.7(d).
PIK Election shall have the meaning set forth in Section 2.06(d).
Examples of PIK Election in a sentence
Xxxxxx and Xxxxxxxx hereby agree that the PIK Election Notice that Xxxxxxxx delivered with respect to the calendar quarter beginning on April 1, 2024 and ending on June 30, 2024 shall remain in effect and be effective with respect to the full Loan Amount (as such term is amended by this Amendment) for such period.
More Definitions of PIK Election
PIK Election means an election by the Issuer to satisfy an Interest Obligation on the applicable Interest Payment Date by issuing PIK Debentures in accordance with Article 5.
PIK Election has the meaning set forth in Section 1.1(b).
PIK Election means an election by the Borrower pursuant to a written notice delivered to the Administrative Agent to pay accrued and unpaid interest on the Initial Term Loans in-kind by capitalizing and adding such amount of accrued interest to the principal balance of such Initial Term Loans on the applicable Interest Payment Date, which PIK Election shall be delivered at least three days prior to the applicable Interest Payment Date and shall identify the Interest Period or Interest Periods for which such PIK Election shall be applicable.
PIK Election has the meaning as set forth in Section 2.17(a)(3).
PIK Election shall have the meaning provided for in Section 4.3.1(b).
PIK Election has the meaning set forth in Section 314.
PIK Election is defined in Section 7.1(b)(ii).