PIK Interest
PIK Interest. Shall have the meaning set forth in the Preamble.
Found in
APPLIEDTHEORY CORP contract
PIK Interest. Means, with respect to the Debt under this Note, accrued interest on such Debt to the extent such interest is not paid in cash but is added to the principal balance and due on the Maturity Date.
Found in
Spy Inc. contract
PIK Interest. Shall have the meaning set forth in the third introductory paragraph.
Found in
PHOTOELECTRON CORP contract
PIK Interest. Shall have the meaning set forth in the second introductory paragraph of this Debenture.
Found in
PHOTOELECTRON CORP contract
PIK Interest. Means interest accrued with respect to this Note that is paid in kind, and not in cash, by capitalizing such interest as principal on the outstanding Note as provided herein.
PIK Interest. Means the portion of the interest that accrues on the Principal of this Note as the PIK Interest Rate.
PIK Interest. Means: with respect to any Debt, accrued interest on such Debt payable in kind which is added to the principal balance and due on the Maturity Date. For sake of clarity, no PIK Interest is or may be payable in cash until the Maturity Date.
Found in
Spy Inc. contract
PIK Interest. With respect to the Outstanding Balance under this Note, accrued interest on such Outstanding Balance to the extent such interest is not paid in cash but is added to the principal balance and due on the Maturity Date.
All Definitions
Found in
True Drinks Holdings, Inc. contract
