definiens: means with respect to a Pa rty that : ( i ) a majority of the outstanding voting securities of such Party become beneficially owned directly or indirectly by any Third Party ( or group of Third Parties acting in concert ) that did not own a majority of the voting securities of such Party as of the Effective Date ; Page 3 ( ii ) possession of the power to direct or cause the direction of the management and policies of such Party, whether through ownership of the outstanding voting securities or by contract or otherwise, becomes vested in one or more individuals or entities that did not possess such power as of the Effective Date ; ( iii ) such Party consolidates with or merges into another corporation or entity, or any corporation or entity consolidates with or merges into such Party, in either event pursuant to a transaction in which more than fifty perce nt ( 50 % ) of the total voting power of the securities outstanding of the surviving entity normally entitled to vote in elections of directors is not held by the individuals or entities holding at least fifty percent ( 50 % ) of the outstanding securities of su ch entity preceding such consolidation or merger ; or ( iv ) such Party conveys, transfers or leases all or substantially all of its line of business to which this Agreement relates to a Third Party