PIK Note Indenture definition

PIK Note Indenture means the indenture for the PIK Notes.

PIK Note Indenture means that certain indenture among Funding, as issuer, Borrower, as guarantor, and First Bank National Association (now known as U.S. Bank National Association), as trustee, dated as of December 28, 1993, relating to Funding's PIK Notes, as it may from time to time be supplemented or amended by one or more indentures supplemental thereto.

PIK Note Indenture means that certain indenture dated as of December 28, 1993 among the Company, as issuer, the Mortgagor, as guarantor, and First Bank National Association (now known as U.S. Bank National Association), as trustee, as it may be amended from time to time, relating to the Company's PIK Notes.

Examples of PIK Note Indenture in a sentence

• If the PIK Notes are called for redemption, there is a 30 day call period where the PIK Notes remain outstanding and continue to accrue interest pursuant to the terms of the PIK Note Indenture.

• The PIK Notes may be redeemed at Funding’s option at 100% of the principal amount under certain conditions, as defined in the PIK Note Indenture, and a specified percentage is required to be redeemed from the proceeds of any equity offering of the Partnership.

• Each and every right, remedy and power granted to Second Trustee hereunder shall be cumulative and in addition to any other right, remedy or power specifically granted herein, in the New Restructured Second Secured PIK Note Indenture or the Security Instruments or now or hereafter existing in equity, at law, by virtue of statute or otherwise, and may be exercised by Second Trustee, from time to time, concurrently or independently and as often and in such order as Second Trustee may deem expedient.

• Upon the Effective Date, the PIK Note Indenture Trustee shall be discharged, and any Allowed Administrative Claim of the PIK Note Indenture Trustee shall be paid on the Effective Date.

• The PIK Noteholders will waive any events of defaults, breaches or changes of control under the PIK Note Indenture that would result from the NewCo Transfer (and shall 10 The description of the terms of the Artsonig Scheme and BIS Finance Scheme contained herein is intended only as a summary.

More Definitions of PIK Note Indenture

PIK Note Indenture means the indenture dated as of February 10, 2016 among Offshore Group Investment Limited, a Cayman Islands exempted company, the Guarantors (as defined therein) and U.S. Bank National Association, as trustee and as collateral agent, pursuant to which the PIK Notes and Stapled Securities are issued.

PIK Note Indenture shall have the meaning assigned to such term in Clause 20.5.1.

PIK Note Indenture means that certain indenture dated as of December 28, 1993 among Funding, as issuer, the Mortgagor, as guarantor, and First Bank National Association (now known as U.S. Bank National Association), as trustee, as it may be amended from time to time, relating to the PIK Notes.

PIK Note Indenture means that certain indenture to be dated on or about December 21, 2006, among Hellas Telecommunications Finance and each of the guarantors, trustee, paying agent and security agent named therein, as amended or supplemented from time to time, relating to the PIK Notes.

PIK Note Indenture means the Indenture among the Company, DMFC and Bankers Trust Company, dated as of September 1, 1996, relating to the Senior Subordinated Pay-in-Kind Notes due 2002 of the Company.

PIK Note Indenture means the Indenture dated as of November 26, 1997, by and between Holdings and The Bank of New York, as Trustee, executed and delivered by the parties thereto in connection with the issuance of the 15% Senior Secured PIK Notes due 2009.

PIK Note Indenture means the Indenture, in the form of Exhibit E to the Plan of Reorganization, between the Borrower and the PIK Note Trustee, as amended, supplemented or otherwise modified from time to time in accordance with the terms hereof and thereof.