Person: An individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association, joint venture, governmental authority or other entity of whatever nature, whether in an individual, fiduciary or other capacity.
Platform Contribution Transaction License Agreement: Platform Contribution Transaction License Agreement dated June 25, 2013, between the Borrower and Box Intl Technology Ltd., as may be amended from time to time.
Pledged Shares: As defined in the Security Agreement.
Potential Event of Default: A condition or event which, after notice or lapse of time or both, would constitute an Event of Default.
Prime Rate: At any time the rate of interest most recently announced within Lender at its principal office as its Prime Rate, with the understanding that the Prime Rate is one of Lenders base rates and serves as the basis upon which effective rates of interest are calculated for those loans making reference thereto, and is evidenced by the recording thereof after its announcement in such internal publication or publications as Lender may designate.
Prime Rate Loans: Loans hereunder at such time as they accrue interest at a rate based upon the Prime Rate.
Qualified Equity Interests: Any Equity Interests that are not Disqualified Equity Interests.
Regulations T, U and X: Regulations T, U and X, respectively, promulgated by the Board, as amended from time to time, and any successors thereto.
Replacement Assets: With respect to any properties or assets subject to an existing Lien, any replacements, substitutions, attachments and accessions of or to such properties or assets subject to such Lien under the terms of the documentation creating such Lien at the time such properties or assets are acquired (or, with respect to the acquisition of a Person that owns such assets, the time such Person becomes a Subsidiary) and proceeds and products of the properties or assets subject to such Lien.
Requirement: As defined in Section 3.06.
Restricted Payment: any dividend or other distribution (whether in cash, securities or other property) with respect to any Equity Interests in the Borrower or any Subsidiary, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any Equity Interests in the Borrower or any Subsidiary.
S&P: Standard & Poors Ratings Service, or any successor thereto.
Sanctions: As defined in Section 5.01(x).