PIK Note means a junior subordinated promissory note of the Company that is substantially identical to this Note except for the stated principal amount thereof.
PIK Note means a promissory note of the Borrower, in substantially the form of Exhibit K, payable to the order of a Lender in a principal amount equal to such Lender’s pro rata share of the aggregate amount of interest, fees or other obligations capitalized hereunder.
PIK Note means the convertible note that may be issued to the Purchaser pursuant to Section 2.1 below, the form of which is attached hereto as Exhibit B.
Examples of PIK Note in a sentence
Any certificated PIK Notes will be issued with the description “PIK” on the face of such PIK Note.
Any certificated PIK Notes will be issued with the description PIK on the face of such PIK Note.
Concurrently, Edmentum Holdings fully repaid the $9.3 million Unsecured Senior PIK Note and the $45.3 million Unsecured Junior PIK Note, and Edmentum, Inc.
Any PIK Notes will be issued with the description “PIK” on the face of such PIK Note.
Any certificated PIK Note will be issued with the description “PIK” on the face of such PIK Note.
More Definitions of PIK Note
PIK Note has the meaning set forth in Section 4.7.
PIK Note means that certain Floating Rate Exchangeable PIK Note Due 2009 dated December 15, 1997 in the original principal amount of $30,000,000, issued by Holdings to DLJ, a true, correct and complete copy of which has been delivered to Xxxxxx.
PIK Note has the meaning given to such term in the introductory paragraph of this Security.
PIK Note means any additional note having the same terms and conditions as the Notes that the Issuer is entitled, without the consent of the holders of the Notes, to issue to pay interest.
PIK Note as defined in Section 2.7(d).
PIK Note is defined in Section 2(c).
PIK Note means the second lien loan agreement (outstanding approximately USD 75,000,000) maturing on 14 January 2020 and with Wilmington Savings Fund Society, FSB as agent.