Microsoft NPA definition

Microsoft NPA means the Note Purchase Agreement, dated as of December 31, 2021, between the Company and Microsoft Corporation, as amended by the First Amendment to Note Purchase Agreement, dated February 14, 2022, and the Second Amendment to Note Purchase Agreement, dated July 15, 2022.
View Source

Examples of Microsoft NPA in a sentence

  • Without duplication of any of the foregoing, upon the occurrence of an event that results in a mandatory prepayment under and pursuant to the Microsoft NPA, then, concurrently with any such mandatory prepayment under the Microsoft NPA, the Company shall prepay all or a portion of the outstanding principal amount of the Notes, together with unpaid interest accrued thereon, if any, as and to the extent required pursuant to Section 3.1(a)(ii) of the Depositary Agreement.

  • Until the Discharge Date (as defined in the Microsoft NPA), the Guarantor shall not, without the prior written consent of Microsoft, amend or modify its Organizational Documents (as defined in the Microsoft NPA) in a manner adverse to Microsoft in respect of Microsoft’s right to appoint a board observer to the board of directors of the Guarantor, as set forth in the Organizational Documents of the Guarantor.

  • The Company shall not permit the Total Leverage Ratio for any Computation Period to exceed that allowed under the Microsoft NPA.

  • The principal amount of the Notes that shall be repaid shall be in the same proportion to the total amount of Notes then outstanding as the proportion of the principal amount of the notes being repaid under the Microsoft NPA to the total amount of notes then outstanding under the Microsoft NPA.

  • The Company shall procure at its own expense and maintain in full force and effect, such insurance as is consistent with Prudent Industry Practices and as otherwise required by Section 9.5 of the Microsoft NPA.

Related to Microsoft NPA

  • Microsoft means Microsoft Corporation.

  • Server Software means software that provides services or functionality on a computer acting as a server.

  • Google means the Google Entity that is party to the Agreement.

  • Network Data Mover (NDM) or “Connect Direct” means the industry standard protocol for transferring information electrically.

  • BT Network means the communications network owned or leased by BT and used to provide a Service.