Holdco PIK Note definition

Holdco PIK Note means the note issued by Taylor-Wharton Intermediate Holdings LLC, dated as of December 7, 2007, as amended, supplemented, or otherwise modified.
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Holdco PIK Note means the €325,000,000 11.5% senior notes due 2015 issued by Smurfit Kappa Holdings plc on 31 January 2005 and any additional such notes issued as interest thereon.
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Holdco PIK Note means the €325,000,000 11.5% senior notes due 2015 issued by JSG Holdings plc on 31 January 2005 and any additional such notes issued as interest thereon.
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Examples of Holdco PIK Note in a sentence

  • An end-device shall be on time to perform scheduled actions such as opening a multicast session.■ Remote Multicast: It allows a user to send one frame to a fleet of end-device at the same time.

  • One of the Credit Parties, Taylor-Wharton Intermediate, also has approximately $55 million of outstanding obligations, plus accrued and unpaid interest and expenses pursuant to the Holdco PIK Note, which is contractually subordinated in right of payment to the Pre-Petition Secured Loans and the Pre-Petition Subordinated Notes and structurally subordinated to most of the Debtors’ other creditors.

  • A motion to approve the ESPA Contract Extension as presented Motion by Samantha Ader, second by Wenda Hunt.

  • TWI-Intermediate is classified as a partnership for U.S. federal income tax purposes and is the issuer of the Holdco PIK Note.

  • For the link parameters chosen, a simple kinematic analysis shows that piezoFigure 3(a) shows the current four-bar dimensions used.

Related to Holdco PIK Note

  • Stock Acquisition means the purchase or other acquisition by Borrower or any of its Subsidiaries of all of the Equity Interests (by merger, stock purchase or otherwise) of any other Person.

  • Bridge Note has the meaning assigned to that term in Section 2.2(a)(1).

  • Holdco has the meaning set forth in the Preamble.

  • Restricted Junior Payment means (i) any dividend or other distribution, direct or indirect, on account of any shares of any class of capital stock of Seller now or hereafter outstanding, except a dividend payable solely in shares of that class of stock or in any junior class of stock of Seller, (ii) any redemption, retirement, sinking fund or similar payment, purchase or other acquisition for value, direct or indirect, of any shares of any class of capital stock of Seller now or hereafter outstanding, (iii) any payment or prepayment of principal of, premium, if any, or interest, fees or other charges on or with respect to, and any redemption, purchase, retirement, defeasance, sinking fund or similar payment and any claim for rescission with respect to the Subordinated Loans (as defined in the Receivables Sale Agreement), (iv) any payment made to redeem, purchase, repurchase or retire, or to obtain the surrender of, any outstanding warrants, options or other rights to acquire shares of any class of capital stock of Seller now or hereafter outstanding, and (v) any payment of management fees by Seller (except for reasonable management fees to the Originator or its Affiliates in reimbursement of actual management services performed).

  • Acquisition Note means a promissory note of the Borrower payable to ---------------- the order of any Acquisition Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from the Acquisition Advances made by such Lender.

  • Equity Contribution Agreement means the Equity Contribution Agreement, to be dated as of the Closing Date, by and among Guarantor, Borrower and Administrative Agent.

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Restricted Debt Payment has the meaning set forth in Section 6.04(b).

  • Subsidiary Financing Agreement means the agreement to be entered into between the Borrower and PPWSA pursuant to Section 3.02 of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Financing Agreement.

  • Permitted Holdings Debt has the meaning assigned to such term in Section 6.01(a)(xviii).

  • Seller Note means the promissory note evidencing Xxxxxxxx’s repayment obligations in respect of the Seller Loan.

  • Restricted Global Note means a Global Note bearing the Private Placement Legend.

  • Converted Unrestricted Subsidiary has the meaning specified in the definition of “Consolidated EBITDA.”

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Restricted Debt has the meaning set forth in Section 6.04(b).

  • Restricted Debt Payments has the meaning set forth in Section 6.04(b).

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Rollover Loan means one or more Loans:

  • Performing Non-Cash Pay High Yield Securities means Performing High Yield Securities other than Performing Cash Pay High Yield Securities.

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Group 1 Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group 1 Senior Percentage of the Principal Payment Amount for Loan Group 1, (b) the Group 1 Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group 1 and (c) the Group 1 Senior Liquidation Amount.

  • Specified Equity Contribution means any cash contribution to the common equity of Holdings and/or any purchase or investment in an Equity Interest of Holdings other than Disqualified Equity Interests.

  • securities financing transaction or 'SFT' means a repurchase transaction, a securities or commodities lending or borrowing transaction, or a margin lending transaction;

  • Subordinated Note means the Subordinated Note (or collectively, the “Subordinated Notes”) in the form attached as Exhibit A hereto, as amended, restated, supplemented or modified from time to time, and each Subordinated Note delivered in substitution or exchange for such Subordinated Note.

  • Permitted Debt Exchange Notes shall have the meaning provided in Section 2.15(a).