PIK Amounts as defined in Section 2.7(d).
PIK Amounts means, (a) in respect of any Subsequent IDS Subordinated Notes as to which the Subsequent IDS Subordinated Notes Documents governing such Subsequent IDS Subordinated Notes provides that payments of interest due and owing in respect of such Subsequent IDS Subordinated Notes are not required to be paid in cash, but may instead be paid with a payment-in-kind by automatically adding to the outstanding principal amount of such Subsequent IDS Subordinated Notes an amount equal to the accrued, and unpaid, interest on such Subsequent IDS Subordinated Notes, the amount equal to the aggregate of all paid payment-in-kind interest that is added to the outstanding principal of such Subsequent IDS Subordinated Notes, (b) in respect of any Permitted Additional Subordinated Debt as to which the Additional Subordinated Debt Documents governing such Permitted Additional Subordinated Debt provides that payments of interest due and owing in respect of such Permitted Additional Subordinated Debt are not required to be paid in cash, but may instead be paid with a payment-in-kind by automatically adding to the outstanding principal amount of such Permitted Additional Subordinated Debt an amount equal to the accrued, and unpaid, interest on such Permitted Additional Subordinated Debt, the amount equal to the aggregate of all paid payment-in-kind interest that is added to the outstanding principal of such Permitted Additional Subordinated Debt, and (c) in respect of any Indebtedness Incurred pursuant to Section 6.3(a)(xvi) as to which the documentation governing such Indebtedness provides that payments of interest due and owing in respect of such Indebtedness are not required to be paid in cash, but may instead be paid with a payment-in-kind by automatically adding to the outstanding principal amount of such Indebtedness an amount equal to the accrued, and unpaid, interest on such Indebtedness, the amount equal to the aggregate of all paid payment-in-kind interest that is added to the outstanding principal of such Indebtedness.
PIK Amounts means, with respect to Class A Certificates and the Class B Certificates, as of any date of determination, any interest on the Pool Balance of the Certificates of such Class that was scheduled for distribution on any applicable Regular Distribution Date and was not paid on such Regular Distribution Date (and remains unpaid as of such date of determination) together with any interest accrued thereon at the Stated Interest Rate for the applicable Class.
Examples of PIK Amounts in a sentence
Subject to the priority of payments provisions set forth in Section 2.10, any principal and interest on the DIP Delayed Draw Term Loans remaining unpaid on the Maturity Date (including, for the avoidance of doubt, all PIK Amounts) shall be due and payable in full on the Maturity Date.
Notwithstanding the foregoing to the contrary, the aggregate principal amount of DIP Delayed Draw Term Loans that constitute PIK Amounts shall not be included in the determination of the DIP Delayed Draw Term Loan Commitments of the DIP Delayed Draw Lenders for all purposes of this Agreement and as such shall not limit availability under the DIP Delayed Draw Term Loan Commitment for purposes of funding DIP Delayed Draw Term Loans.
Beginning on July 1, 2007, on the first day of each month thereafter through and including June 1, 2008 $74,480 On July 1, 2008 A payment equal to $173,785 plus the then outstanding Term Loan PIK Amount equal to $429,000 for a total principal and Term Loan PIK Amounts installment payment of $602,785.
More Definitions of PIK Amounts
PIK Amounts shall collectively mean all Eurodollar PIK Amounts and all Fee PIK Amounts.
PIK Amounts means all PIK Fees and PIK Interest.
PIK Amounts has the meaning set forth in Section 2.05(d).
PIK Amounts means, (a) in respect of any Subsequent IDS Subordinated Notes as to which theSubsequent IDS Subordinated Notes Documents governing such Subsequent IDS Subordinated Notes provides thatpayments of interest due and owing in respect of such Subsequent IDS Subordinated Notes are not required to be paid in cash, but may instead be paid with a payment−in−kind by automatically adding to the outstanding principal amount of such Subsequent IDS Subordinated Notes an amount equal to the accrued, and unpaid, interest on such Subsequent IDS Subordinated Notes, the amount equal to the aggregate of all paid payment−in−kind interest that is added to the outstanding principal of such Subsequent IDS Subordinated Notes, (b) in respect of any Permitted Additional Subordinated Debt as to which theAdditional Subordinated Debt Documents governing such Permitted Additional Subordinated Debt provides thatpayments of interest due and owing in respect of such Permitted Additional Subordinated Debt are not required to be paid in cash, but may instead be paid with a payment−in−kind by automatically adding to the outstanding principal amount of such Permitted Additional Subordinated Debt an amount equal to the accrued, and unpaid, interest on such Permitted Additional Subordinated Debt, the amount equal to the aggregate of all paid payment−in−kind interest that is added to the outstanding principal of such Permitted Additional Subordinated Debt, and (c) in respect of any Indebtedness Incurred pursuant to Section 6.3(a)(xvi) as to which the documentation governing such Indebtedness provides that payments of interest due and owing in respect of such Indebtedness are not required to be paid in cash, but may instead be paid with a payment−in−kind by automatically adding to the outstanding principal amount of such Indebtedness an amount equal to the accrued, and unpaid, interest on such Indebtedness, the amount equal to the aggregate of all paid payment−in−kind interest that is added to the outstanding principal of such Indebtedness.
PIK Amounts has the meaning provided in Section 2D(1).
PIK Amounts shall have the meaning ascribed to such term in Section 2.6(3)(a) hereof.
PIK Amounts has the meaning set forth in Section 8.2(b) of the Agreement.