PIK Interest Payment Date definition

PIK Interest Payment Date means September 30 of each year, beginning on September 30, 2016.
PIK Interest Payment Date has the meaning provided in Section 2.3.
PIK Interest Payment Date means, if the QIPO Effective Date shall not have occurred on or prior to the PIK Interest Commencement Date, each Interest Payment Date falling after the PIK Interest Commencement Date up to and including the Interest Payment Date falling on or immediately following the QIPO Effective Date.

Examples of PIK Interest Payment Date in a sentence

  • The Issuer shall notify Bondholders in accordance with Condition 16 and the Trustee by not later than five London business days prior to each PIK Interest Payment Date of the aggregate principal amount of Additional Bonds to be issued on such PIK Interest Payment Date and of the aggregate principal amount of Bonds, as increased by such Additional Bonds.

  • Additional Bonds will have the same terms and conditions in all respects as the Initial Bonds except that interest on Additional Bonds will accrue from (and including) the PIK Interest Payment Date on which the relevant Additional Bonds are issued rather than from the Closing Date.

  • Where the Bonds are not represented by the Global Bond, any Additional Bonds to be issued to a holder will be delivered to such holder upon presentation by such Bondholder of the Bonds held by it on the relevant PIK Interest Payment Date at the specified office of any Paying and Conversion Agent at any time on or after the relevant PIK Interest Payment Date, provided that such date of presentation is a business day in the place of the specified office of the relevant Paying and Conversion Agent.

  • Additional Notes will have the same terms and conditions in all respects as the Notes of such Series, except that interest on Additional Notes will accrue from (and including) the PIK Interest Payment Date on which such Additional Notes are issued rather than from the relevant Issue Date of the Notes already in issue.

  • If interest shall accrue on the Bonds at the Additional Interest Rate pursuant to Condition 4(b), such interest will cease to accrue on the relevant Bonds (in addition tothe circumstances provided in Condition 4(c)(i) or (ii), as applicable) from the PIK Interest Payment Date falling on or immediately following the QIPO Effective Date.


More Definitions of PIK Interest Payment Date

PIK Interest Payment Date means the last Business Day of each June and December in each year, provided that each of (x) the date upon which all of the Commitments have been terminated and the Loans have been paid in full and (y) the Term Loan Maturity Date, shall be deemed to be a “PIK Interest Payment Date” with respect to any PIK Interest which is then accrued under this Agreement.
PIK Interest Payment Date means each Annual PIK Interest Payment Date, Semi-Annual PIK and Cash Interest Payment Date and Semi-Annual PIK and Reduced Cash Interest Payment Date, as applicable.”
PIK Interest Payment Date means the date which falls on each anniversary of the Issue Date.
PIK Interest Payment Date means each Interest Payment Date occurring on or after the Sixth Amendment Date.
PIK Interest Payment Date means September 30 of each year, beginning on September 30, 2016. “Variable Interest Entity” shall have the meaning ascribed to such term in the SouFun Subscription Agreement. 2. Maturity; Prepayment.
PIK Interest Payment Date. Exhibit A
PIK Interest Payment Date means June 30, 2019.