E PIK Notes definition

E PIK Notes means each instrument in the form of a note issued or to be issued by the Issuer on the Implementation Date which by its terms is referred to as an "E PIK Note".
Sample 1Sample 2Sample 3
E PIK Notes means E PIK notes in the amount of ZAR 64,686,991.07 issued by RPIH to the Issuer on 5 December 2017.
Sample 1Sample 2
E PIK Notes means E PIK notes in the amount of ZAR 80,344,273.22 issued by RPIH to the Issuer on 5 December 2017.
Sample 1

Examples of E PIK Notes in a sentence

  • At the Debtors' election and with the Committee's consent which shall not unreasonably be withheld, all New Tranche E PIK Notes to be distributed under the Plan to Holders of Claims in Classes 4, 5 and 6 shall be held by the Plan Trustee pursuant to the Plan Trust Agreement for the benefit of the Class 4, 5 and 6 Claimants.

  • Pursuant to the Plan Trust Agreement, the Plan Trustee shall hold the New Tranche E PIK Notes, collect revenue thereon, enforce the provisions of the New Tranche E PIK Notes, including, the Holders' right to recoveries.

  • Pursuant to the Plan Trust Agreement, the Plan Trustee shall hold the New Tranche E PIK Notes, collect payments thereon and enforce the provisions of the New Tranche E PIK Notes, including, the Holders' right to recoveries.

  • Subject to paragraph (b) below, the Issuer shall apply any Net Converted Receipts received as repayment of principal under E PIK Notes (" Principal Repayment Amounts") to redeem in whole or in part the aggregate Nominal Amount of the Notes.

  • Treatment: Each Holder of an Allowed Class 5 Claim will receive a Ratable Portion of (i) 40% of the Noteholders Issued New Common Stock, (ii) 40% of the Noteholders New Warrants, and (iii) 40% of the Noteholders Distribution Percentage of the New Tranche E PIK Notes.

  • Treatment: Each Holder of an Allowed Class 4 Claim will receive a Ratable Portion of (i) 60% of the Noteholders Issued New Common Stock, (ii) 60% of the Noteholders New Warrants, and (iii) 60% of the Noteholders Distribution Percentage of the New Tranche E PIK Notes.

  • The program is coordinated by the Department’s Excellence Recognition Office and through local coordinators in each public school system and in private schools throughout the state.

  • Treatment: Each Holder of an Allowed Class 6 Claim will receive a Ratable Portion of (i) the General Unsecured Creditors Issued New Common Stock, (ii) the General Unsecured Creditors New Warrants and (iii) the General Unsecured Creditors Distribution Percentage of the New Tranche E PIK Notes.

  • Except if a sale is made in accordance with paragraph (b) below, if the Issuer receives an offer to sell the Ords or E PIK Notes it shall give notice for a Noteholders Meeting or a Written Procedure where the Noteholders can decide on the matter.

  • Participation shall accrue on the Notes in an amount equivalent to the income accruing under and any increase in value of the Ords and the E PIK Notes.

Related to E PIK Notes

  • PIK Notes means additional Notes issued under this Indenture on the same terms and conditions as the Notes issued on the Closing Date in connection with the payment of PIK Interest.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • 2028 Notes has the meaning specified in the recitals of this First Supplemental Indenture.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • B Notes means each of Note B-1 and Note B-2.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • Initial Notes has the meaning set forth in the recitals hereto.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Initial Note Balance means, for any Class, the Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial Class A-3 Note Balance, the Initial Class B Note Balance, the Initial Class C Note Balance, the Initial Class D Note Balance or the Initial Class E Note Balance, as applicable, or with respect to the Notes generally, the sum of the foregoing.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • Series D Notes is defined in Section 1.

  • 2020 Notes means the 6.875% Senior Notes due 2020, issued by Pride International LLC, a Delaware limited liability company.

  • Original Notes means the Initial Notes and any Exchange Notes issued in exchange therefor.

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • Subsequent Notes means any Notes issued after the First Issue Date on one or more occasions.

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • Series B Notes is defined in Section 1.

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • New Notes shall have the meaning assigned to such term in Section 32.

  • 2018 Notes means the Company’s 7.75% Senior Subordinated Notes due 2018 issued under the Indenture dated December 14, 2010 among the Company, Holdings and the subsidiary guarantors from time to time party thereto and The Bank of New York Mellon Trust Company, N.A., as Trustee.