Holdco PIK Notes definition

Holdco PIK Notes means the 11.25% Senior Secured PIK Notes issued by AP Gaming Holdco, Inc. on May 29, 2015.
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Holdco PIK Notes means the senior secured notes issued by AP Gaming Holdco, Inc. (the “Holdco Issuer”) on or prior to the Incremental Effective Date, which shall (i) have a maturity date no earlier than May 20, 2021, (ii) be secured only by a pledge of all of the equity interests of AP Gaming, Inc., (iii) have no amortization, (iv) have no guaranty from any Loan Party under the Credit Agreement, other than an unsecured guaranty from Holdings, (v) provide that interest shall be payable in kind or, at the Holdco Issuer’s option, in cash and (vi) have no financial maintenance covenant.
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Related to Holdco 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.

  • Holdco Notes means the $1,000,000,000 aggregate principal amount of 11 1/2% Senior PIK Notes due 2016 issued by Holdings.

  • Second Lien Notes means the second lien notes that may be issued pursuant to the Second Lien Notes Indenture.

  • High Yield Securities means debt Securities, in each case (a) issued by public or private issuers, (b) issued pursuant to an effective registration statement or pursuant to Rule 144A under the Securities Act (or any successor provision thereunder) and (c) that are not Cash Equivalents, Mezzanine Investments (described under clause (i) of the definition thereof) or Bank Loans.

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