PIK Option Period definition

PIK Option Period has the meaning specified in Section 2.06. “PIK Payment” has the meaning specified in Section 2.06.
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PIK Option Period means the period from the Funding Date until the earlier of (i) May , 2018 and (ii) the Early Amortization Date.
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PIK Option Period means the period from the Effective Date until second anniversary of the Effective Date.
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Examples of PIK Option Period in a sentence

  • Lawyers admitted to the Singapore Bar are known as advocates and solicitors.

  • Dividends paid with respect to any Dividend Period commencing after the PIK Option Period shall be paid only in cash.

  • The annual dividend rate will permanently increase by 25 basis points per Dividend Period for each Dividend Period commencing after the PIK Option Period with respect to which dividends are not paid in cash.


More Definitions of PIK Option Period

PIK Option Period means the period from the Effective Date until the Third Amendment Effective Date.
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PIK Option Period means the period from the Effective Date until the end of the Interest-Only Period.
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PIK Option Period means the period commencing on the Amendment No. 1 Effective Date and ending on August 31, 2025.
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PIK Option Period means the period from the Funding Date until the earlier of (i) May , 2018 and (ii) the Early Amortization Date. “Prepayment Fee” is, with respect to the Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment,
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PIK Option Period means the period from the Effective Date until the Third Amendment Effective Date. (iv) Amended Definitions. The following definition is hereby amended as follows:
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PIK Option Period means the first twelve Dividend Periods in respect of which dividends are payable hereunder, commencing with the Initial Dividend Period.
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Related to PIK Option Period

  • Option Period means the period during which an Option may be exercised.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.