Senior PIK Notes definition

Senior PIK Notes means the existing €250,000,000 aggregate principal amount of 8.375% Senior PIK Notes due 2019 and $710,000,000 aggregate principal amount of 8.625% Senior PIK Notes due 2019 issued by Ardagh Finance Holdings S.A.
Senior PIK Notes means the 8.75% senior PIK notes due 2021 issued on or prior to the date hereof pursuant to the Senior PIK Notes Indenture.
Senior PIK Notes means senior PIK notes, to be issued in connection with the refinancing of or exchange for the Senior Interim PIK Loans under the Senior Refinancing Indenture, the Senior Take-out Notes Indenture or any other indenture, in an aggregate principal amount of up to $2,750,000,000 (less the amount of any Senior Interim PIK Loans and Senior PIK Term Loans that remain outstanding after the issuance of the Senior PIK Notes), together with interest (including any PIK Interest Amount), fees and all other amounts payable in connection therewith.

Examples of Senior PIK Notes in a sentence

  • The remaining portion of the €1.57 billion transferred from Hellas II to Hellas I was allegedly used to pay the €500 million Floating Rate Senior PIK Notes due 2014 issued by Hellas Finance (and guaranteed by Hellas I), as well as interest on such notes, and approximately €48.8 million in additional transaction costs associated with the December 2006 Transaction.

  • Interest expense for MultiPlan Corporation is$107.2 million higher than interest expense for MPH due to interest expense incurred by MultiPlan Corporation on $1,178.7 million Senior PIK Notes (redeemed October 8, 2020) including amortization of discount on Senior PIK Notes and interest on $1,300.0 million Senior Convertible PIK Notes (issued on October 8, 2020), net of debt issue costs.

  • The IRB will convene a special meeting, if necessary, to accommodate the Principal Investigator’s compliance with an external funding deadline; however, submission is required four (4) weeks prior to the special meeting date.

  • Represents ordinary course transaction costs, including transaction costs related to the acquisition of MultiPlan by affiliates of Hellman & Friedman LLC, certain other investors and certain members of management on June 7, 2016, the issuance of the Senior PIK Notes on November 21, 2017, the refinancing of MPH’s term loan facility effective June 12, 2017, the Transactions, and the acquisitions of HST and DHP.

  • The amortization of the debt issuance costs, premiums and discounts are included in interest expense in the accompanying consolidated statements of (loss) income and comprehensive (loss) income.During the year-ended December 31, 2019, we repurchased and cancelled $121.3 million of the Senior PIK Notes.


More Definitions of Senior PIK Notes

Senior PIK Notes means the $2,155,000,000 in aggregate principal amount of Senior PIK Election Notes due 2017 of the Borrower that were intended to be issued in the Notes Offering.
Senior PIK Notes means the secured PIK loan notes of the Company constituted by the Senior PIK Note Instrument;
Senior PIK Notes has the meaning set out in the above Recitals.
Senior PIK Notes means the existing €845,000,000 aggregate principal amount of 6.625% / 7.375% Senior Secured Toggle Notes due 2023 and $770,000,000 aggregate principal amount of 7.125% / 7.875% Senior Secured Toggle Notes due 2023 issued by Ardagh Finance Holdings S.A. and any replacements or refinancings thereof, directly or indirectly.
Senior PIK Notes means CC's 15% Senior Secured PIK Notes due 2009 in the original aggregate principal amount of $20,000,000 issued under and pursuant to the Senior Debentures II-27 Indenture and the "Additional PIK Securities" (as defined in the Senior Debenture Indenture) issued on or prior to December 1, 2002 in lieu of the payment of cash interest pursuant to the provisions to paragraph 1 of the form of security provided in such Senior Debenture Indenture.
Senior PIK Notes means the 13.5% Senior PIK Notes due 2014 issued by Vertis, Inc. pursuant to the Senior PIK Notes Indenture.
Senior PIK Notes means the $600,000,000 aggregate principal amount of 9%/9 3/4% Senior PIK Notes due 2014 issued by the Company under the Senior PIK Indenture on December 19, 2006.