PIK Option Period definition

PIK Option Period has the meaning specified in Section 2.06. “PIK Payment” has the meaning specified in Section 2.06.
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PIK Option Period means the period from the Funding Date until the earlier of (i) May , 2018 and (ii) the Early Amortization Date.
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PIK Option Period means the period from the Effective Date until the end of the Interest-Only Period.
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Examples of PIK Option Period in a sentence

  • The annual dividend rate will permanently increase by 25 basis points per Dividend Period for each Dividend Period commencing after the PIK Option Period with respect to which dividends are not paid in cash.

  • Dividends paid with respect to any Dividend Period commencing after the PIK Option Period shall be paid only in cash.

  • Lawyers admitted to the Singapore Bar are known as advocates and solicitors.


More Definitions of PIK Option Period

PIK Option Period means the period from the Effective Date until the Third Amendment Effective Date.
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PIK Option Period means the period from the Effective Date until second anniversary of the Effective Date.
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PIK Option Period means the period commencing on the Amendment No. 1 Effective Date and ending on August 31, 2025.
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PIK Option Period means the period from the Funding Date until the earlier of (i) May , 2018 and (ii) the Early Amortization Date. “Prepayment Fee” is, with respect to the Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment,
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PIK Option Period means the first twelve Dividend Periods in respect of which dividends are payable hereunder, commencing with the Initial Dividend Period.
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PIK Option Period means the period from the Effective Date until the Third Amendment Effective Date. (iv) Amended Definitions. The following definition is hereby amended as follows:
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Related to PIK Option Period

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Option Period means the period during which an Option may be exercised.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Option Exercise Period has the meaning set forth in Section 5.3(c).

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Employee Option means an Option granted pursuant to Section 5.

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA; ‘HESA’ means the Higher Education Support Xxx 0000; ‘maximum basic grant amount’ or ‘MBGA’ has the same meaning as in subclause 1(1) of Schedule 1 of HESA.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first distributed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period shall be specified in the Notice.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Retention Period means the minimum time that must pass after the creation, recording, or receipt of a record, or the fulfillment of certain actions associated with a record, before it is eligible for destruction.

  • Repurchase Period means a period of 90 consecutive days commencing on the date when the Optionee’s Service terminates for any reason, including (without limitation) death or disability.