definiens: means any Person that, as of the date of consummation of the Permitted Assignment to such Person, meets thefollowing criteria : ( a ) if equity securities of such Person are publicly traded or listed on an exchange, such Person has a public marketcapitalization no less than the market capitalization of Parent as of the date of this Agreement ; ( b ) if equity securities of such Person are notpublicly traded or listed on an exchange, such Person has ( i ) a net book value ( determined based on its most recent audited or unauditedbalance sheet ) no less than the net book value of Parent as of the date of this Agreement ( determined based on its most recent audited orunaudited balance sheet ) and ( ii ) an equity value ( determined based on its most recent equity financing round ) no less than the public marketcapitalization of Parent as of the date of this Agreement ; and ( c ) such Person has substantial experience in filing for and obtaining approvalin accordance with all applicable Legal Requirements to place on the market, sell, market and promote in the European Unionbiopharmaceutical products for human use that are, or contain, antibodies