PIK Dividends

Example Definitions of "PIK Dividends"
PIK Dividends. The term "PIK Dividends" shall have the meaning set forth in subparagraph 2(b) below.
PIK Dividends. Means any shares of the Series B Preferred Stock that have been issued as dividends on shares of the Series B Preferred Stock.
PIK Dividends. Shall mean dividends paid in the form of issuance of additional shares of Series A-1 Preferred, calculated by dividing, for each share of outstanding Series A-1 Preferred, (i) the amount of PIK Dividends accrued at the PIK Dividend Rate by (ii) the Original Issue Price.
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