PIK Option has the meaning specified in Section 2.06.
PIK Option shall have the meaning provided in Section 2.2(e).
PIK Option has the meaning assigned to such term in Section 2.13(g).
Examples of PIK Option in a sentence
At the option of the Note Obligors, the PIK Interest election may be further extended through the December 31, 2026 Interest Payment Due Date (the “2026 PIK Option” and each Interest Payment Due Date ending March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026 in which the 2026 PIK Option is exercised, a “2026 PIK Interest Payment Due Date”).
More Definitions of PIK Option
PIK Option has the meaning assigned to such term in Section 3.02(d).
PIK Option means the Company's option to pay up to half of the interest payable on the Securities on any three of the first five interest payment dates in the form of PIK Notes instead of cash.
PIK Option as defined in Section 2.1(c).
PIK Option. Exhibit A; Notes “PIK Payment” 2.01(e) “Parent Issuer” Preamble “Preferred Redemption Cash” Definition of “Closing Date Refinancing” Term Defined in “primary obligations” Definition of “Contingent Obligations” “primary obligor” Definition of “Contingent Obligations”
PIK Option as defined in Section 2.1(c). “Principal Increase” as defined in Section 2.1(b). 3.
PIK Option as defined in subsection 3.1(d).