PIK Note Claim definition

PIK Note Claim means any Claim against TOUSA other than a Claim subordinated pursuant to section 510(b) of the Bankruptcy Code derived from or based upon the PIK Notes.
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PIK Note Claim means any Claim derived from or based upon the PIK Election Notes.
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Examples of PIK Note Claim in a sentence

  • As a condition precedent to receiving any Distribution pursuant to the Plan on account of an Allowed Existing Subordinated Note Claim or PIK Note Claim, each Holder of a certificated note or instrument representing such Claim shall tender the Existing Subordinated Notes or PIK Note, as applicable, to the Notes Trustee or the Reorganized Debtors, as applicable, unless waived in writing by the Notes Trustee or the Reorganized Debtors, pursuant to the notice provisions contained in Article X.G of the Plan.

  • PIK Note Claim means a Claim arising from or related to the PIK Note, including all unpaid principal, fees and accrued paid-in-kind interest thereon through the Effective Date.

  • The PIK Note Claim shall be Provisionally Allowed in the amount of $23,797,942.00, plus reasonable and documented out-of-pocket fees and expenses, if any, of the applicable Indenture Trustees, which Provisionally Allowed Claims shall be subject to treatment as set forth below.

  • As a condition precedent to receiving any Distribution pursuant to the Plan on account of an Allowed Existing Subordinated Note Claim or PIK Note Claim, each Holder of a certificated note or instrument representing such Claim shall tender the Existing Subordinated Notes of PIK Note, as applicable, to the Notes Trustee or the Reorganized Debtors, as applicable, unless waived in writing by the Notes Trustee or the Reorganized Debtors, pursuant to the notice provisions contained in Article X.G of the Plan.

  • Amendment 101 Proposal for a decisionArticle 4 – paragraph 1 a (new) Text proposed by the Commission Amendment 1a.

Related to PIK Note Claim

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Class C Notes has the meaning assigned to such term in the Indenture.

  • Class A Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.