PIK Notes

PIK Notes. Means the PIK Notes issued in respect of the Notes in lieu of cash interest, each such note requiring the accrual of interest in accordance with the terms of this Note (including the issuance of additional PIK Notes in respect of such interest), commencing from the date of issuance of such note or from the date such note was deemed to have been issued, at the rate of 15.00% per annum or 20.00% per annum, as appropriate, computed on the basis of a 360-day year of twelve 30-day months, for the... actual number of days elapsed and containing terms substantially identical to this Note. View More

PIK Notes. The additional Convertible Notes issueable in lieu of --------- cash interest payments on the Convertible Notes.

PIK Notes. Shall have the meaning set forth in the Notes. 20

PIK Notes. The 1% / 12% Step-Up Senior Secured Third Lien Convertible Notes due 2030 of the Company issued pursuant to the PIK Note Indenture