PIK Toggle Notes definition
Examples of PIK Toggle Notes in a sentence
Azul shall call an extraordinary general meeting of its shareholders (the “Shareholder Extraordinary General Meeting”) to vote on the items described in this Schedule A within five (5) business days following the date upon which the Issuer issues US$525.0 million in the aggregate principal amount of Floating Rate Superpriority PIK Toggle Notes due 2030 (such date, the “Closing Date”).
Unless otherwise requested by the Requisite Commitment Parties, the Reorganized Company shall use commercially reasonable efforts to make prior to the Closing Date, the New Second Lien PIK Toggle Notes eligible for deposit with The Depository Trust Company, provided that any such efforts shall not involve any material alterations to the terms of the New Second Lien PIK Toggle Notes.
A Azul deverá convocar uma assembleia geral extraordinária de acionistas (a “Assembleia Geral Extraordinária de Acionistas”) para deliberar sobre os itens descritos neste Anexo A, dentro de 5 (cinco) dias úteis após a data em que o Emissor emitir um total de US$ 525 milhões em valor principal agregado de Floating Rate Superpriority PIK Toggle Notes com vencimento em 2030 (essa data, a “Data de Fechamento”).
The Issuer, the Note Guarantor and the Trustee (as defined herein) agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders (as defined herein) of the Issuer’s 8.0% PIK Toggle Notes due 2019/2024.
The Reorganized Company shall timely make all filings and reports, including filing a Form D with the SEC to the extent required under Regulation D of the Securities Act, relating to the offer and sale of the Commitment Notes issued hereunder and the New Second Lien PIK Toggle Notes issued pursuant to the Commitment Premium required under applicable securities and “Blue Sky” Laws of the states of the United States following the Closing Date.