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 due 2015, to be issued in connection with the exchange for the Senior PIK Term Loans under the Senior Refinancing 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 redemption of the remaining Senior PIK Notes was completed on February 25, 2011.

• In connection with the Transactions, we purchased $315.0 million aggregate principal amount of the Senior PIK Notes pursuant to a tender offer we commenced on January 5, 2011.

• The Notes shall be designated as the “26.5% Convertible Senior PIK Notes due 2026.” The aggregate Initial Principal Amount of Notes that may be authenticated and delivered under this Indenture is initially limited to $50,000,000, subject to Section 2.10 and except for Notes authenticated and delivered upon the issuance of PIK Notes or registration or transfer of, or in exchange for, or in lieu of other Notes to the extent expressly permitted hereunder.

• Invitel Holdings N.V. and the Trustee, among others, executed and delivered the Original Indenture to provide for the issuance of Floating Rate Senior PIK Notes due 2013 (the “Original Notes”) and additional securities as interest, in lieu of cash payment thereof, having identical terms and conditions as the Original Notes (“Additional Notes” and, together with the Original Notes, the “Notes”).

• All 14.09% Senior PIK Notes issued pursuant to a PIK Payment will mature on the same date as the other 14.09% Senior PIK Notes and will be governed by, and subject to the terms, provisions and conditions of, the Indenture and shall have the same rights and benefits as the 14.09% Senior PIK Notes issued on the Issue Date.

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 has the meaning set out in the above Recitals.

Senior PIK Notes means the secured PIK loan notes of the Company constituted by the Senior PIK Note Instrument;

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 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 Group S.A. (formerly Ardagh Finance Holdings S.A.) and any replacements or refinancings thereof, directly or indirectly.

Senior PIK Notes means additional Senior Notes issued in satisfaction of interest payments in respect of the Senior Notes on the same terms and conditions as the Senior Notes originally issued under the Senior Note Indenture (and any increase in principal amount of the Senior Notes as a result of interest payments payable in kind).

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.