PIK Note definition
PIK Note means a junior subordinated promissory note of the Company that is substantially identical to this Note except for the stated principal amount thereof.
PIK Note means a promissory note of the Borrower, in substantially the form of Exhibit K, payable to the order of a Lender in a principal amount equal to such Lender’s pro rata share of the aggregate amount of interest, fees or other obligations capitalized hereunder.
PIK Note means the convertible note that may be issued to the Purchaser pursuant to Section 2.1 below, the form of which is attached hereto as Exhibit B.
Examples of PIK Note in a sentence
On any Interest Payment Date on which the Issuer pays PIK Interest by issuing PIK Notes in the form of Physical Notes, the Issuer shall deliver to the Trustee PIK Notes duly executed by the Issuer together with an Issuer’s Order requesting the authentication of such PIK Notes by the Trustee, with the principal amount of any such PIK Note (for the relevant interest as of the relevant Record Date for such Interest Payment Date).
More Definitions of PIK Note
PIK Note has the meaning set forth in Section 4.7.
PIK Note has the meaning given to such term in the introductory paragraph of this Security.
PIK Note means that certain Floating Rate Exchangeable PIK Note Due 2009 dated December 15, 1997 in the original principal amount of $30,000,000, issued by Holdings to DLJ, a true, correct and complete copy of which has been delivered to ▇▇▇▇▇▇.
PIK Note as defined in Section 2.7(d).
PIK Note means any additional note having the same terms and conditions as the Notes that the Issuer is entitled, without the consent of the holders of the Notes, to issue to pay interest.
PIK Note is defined in Section 2(c).
PIK Note means any Note issued by DIMAC Holdings in order to make a PIK Interest Payment.