Specified PIK Interest has the meaning specified in Section 2.3(a).
Specified PIK Interest means any non-cash interest payable (and paid in non-cash) and amortization of any original issue discount on the Notes.
Specified PIK Interest means any non-cash interest payable (and paid in non-cash) on or prior to October 1, 2005 with respect to the Remaining 15.5% Subordinated Notes and any non-cash interest with respect thereto paid in the form of additional notes.
Examples of Specified PIK Interest in a sentence
The Specified PIK Interest shall be deemed paid and discharged, without the taking of any further action by the Borrowers, by automatically adding such Specified PIK Interest to the principal balance of the Term Loans.
After such Specified PIK Interest is added to the principal balance, such Specified PIK Interest shall be treated as principal for all purposes hereunder and shall itself bear interest.
More Definitions of Specified PIK Interest
Specified PIK Interest means any non-cash interest payable (and not paid in cash) and amortization of any original issue discount on any Indebtedness of the Company.
Specified PIK Interest has the meaning specified in Section 2.3(a). “Specified Purchase Agreement Representations” means such of the representations and warranties in the Paragon Purchase Agreements made by or with respect to the Paragon Entities or any seller party to a Paragon Purchase Agreement to the extent the Company has the right (taking into account any applicable cure provisions) to terminate its obligations under the Paragon Purchase Agreements (without giving effect to the proviso in Section 9.01(f) of the Paragon California PSA) or to decline to consummate the Paragon Acquisition as a result of a breach of such representations in the Paragon Purchase Agreements.
Specified PIK Interest has the meaning specified in Section 2.3(a). “Specified Purchase Agreement Representations” means such of the representations and warranties in the Paragon Purchase Agreements made by or with respect to the Paragon Entities or any seller party to a Paragon Purchase Agreement to the extent the Company has the right (taking into account any applicable cure provisions) to terminate its obligations under the Paragon Purchase Agreements (without giving effect to the proviso in Section 9.01(f) of the Paragon California PSA) or to decline to consummate the Paragon Acquisition as a result of a breach of such representations in the Paragon Purchase Agreements. “Specified Representations” means the representations and warranties of the Loan Parties set forth in Sections 3.1 (solely with respect to valid existence), 3.2(a), 3.4 (solely with respect to the Loan Documents), 3.9(d), 3.15, 3.17 and 3.18. “STORE Documents” means the STORE Purchase Agreement, the STORE Lease Agreement, the STORE Guaranty and all other “Transaction Documents” as defined in the STORE Purchase Agreement. “STORE Guaranty” means the “Guaranty” as defined in the STORE Purchase Agreement. “STORE Lease Agreement” means the “Lease” as defined in the STORE Purchase Agreement. “STORE Letter of Credit” means the “Letter of Credit” as defined in the STORE Purchase Agreement. “STORE Purchase Agreement” means the Purchase and Sale Agreement dated as of the Sixth Amendment Effective Date between the STORE Sale-Leaseback Buyer, as purchaser, and Hollandia Real Estate, as seller, as amended, supplemented or otherwise modified from time to time (subject to any restrictions on such amendments, supplements or modifications set forth in the Loan Documents). “STORE Sale-Leaseback” means the sale and leaseback transaction effected and governed by the STORE Purchase Agreement, the STORE Lease Agreement and the other STORE Documents. “STORE Sale-Leaseback Buyer” means STORE Capital Acquisitions, LLC, a Delaware limited liability company.