PIK Notice definition

PIK Notice shall have the meaning set forth in Section 2.08(f).
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PIK Notice shall have the meaning provided in Section 2.03(d).
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PIK Notice has the meaning set forth in Section 4.06. [Redacted]
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Examples of PIK Notice in a sentence

  • The Trustee, on behalf of the Issuer, shall promptly upon receipt of the PIK Notice, and in no event later than the 10th calendar day immediately prior to the first day of such Interest Period, deliver a corresponding notice to the Holders.

  • Interest on the Notes in respect of any Interest Period for which a PIK Notice is not delivered in accordance with the first sentence of this paragraph must be paid entirely in cash.

  • When you buy a U.S. Treasury bill, you earn the interest rate on dollars because you are lending dollars to the U.S. government.Interest rates play an important role in the foreign exchange market because the large deposits traded there pay interest, each at a rate reflecting its currency of denomination.

  • For the avoidance of doubt, interest on the Notes in respect of any interest period for which a PIK Notice is not delivered must be paid entirely in cash.

  • The Company shall promptly deliver the PIK Notice to the holders or may request the Trustee deliver such notice to the holders on the Company’s behalf (which notice to the holders may be given through the Depositary).


More Definitions of PIK Notice

PIK Notice has the meaning set forth for such term in Section 2.11.
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PIK Notice has the meaning given to such term in Exhibit A hereto.
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PIK Notice has the meaning ascribed thereto in Section 2.5(3);
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PIK Notice has the meaning set forth in Section 2.20.
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PIK Notice has the meaning specified in Section 3.01 of this Indenture. “Predecessor Note” of any particular Note means every previous Note evidencing all or a portion of the same debt as that evidenced by such particular Note; and, for the purposes of this definition, any Note authenticated and delivered under Section 3.05 in exchange for a mutilated Note or in lieu of a lost, destroyed or stolen Note shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Note.
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PIK Notice. Exhibit A “PIK Payment” 2.01(f) “Purchase Date” 3.09(b) “Redemption Date” 3.07(a) “refinance,” “refinances,” “refinanced” and “refinancing” 4.09(b)(13) “Refinancing Indebtedness” 4.09(b)(13) “Refunding Capital Stock” 4.07(b)(2)
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PIK Notice shall have the meaning given in Section 1.03(b) of this Second Supplemental Indenture. “PIK Payment” shall have the meaning given in Section 1.03(b) of this Second Supplemental Indenture. “Redemption Date” means the date fixed for the redemption of the 2027 Notes by or pursuant to the Indenture. “Regular Record Date” means, with respect to each Interest Payment Date, the close of business on the preceding January 12, April 12, July 12 and October 12, as the case may be (whether or not a Business Day). “Stated Maturity” means April 27, 2027. SECTION 1.02
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