Examples of PIK Toggle Notes in a sentence
From and after the Effective Date, all Intercompany Claims, including the PIK Toggle Notes Claim, shall be adjusted, continued, settled, Reinstated, discharged, contributed to capital, or eliminated, in each case to the extent determined to be appropriate by the Reorganized Debtors in their sole discretion.
The PIK Toggle Notes rank equally in right of payment with all existing and future unsubordinated indebtedness of the Company (other than the Issuer Senior Debt as defined below) and are senior in right of payment to all existing and future subordinated indebtedness of the Company.
Citibank, N.A., London Branch, as trustee for the holders of the Senior PIK Toggle Notes.
This Note is one of a duly authorized issue of notes of the Company designated as its 9.0% Second Lien Senior Subordinated PIK Toggle Notes due 2024.
The New First Lien Notes and the New Second Lien PIK Toggle Notes shall be issued in denominations of one thousand dollars ($1,000) or any integral multiples thereof and any other amounts shall be rounded down.