definiens: means with respect to a Party, the occurrence of any related transactions that results in any of the following : 4 CONFIDENTIAL TREATMENT ( a ) any Third Party that was not, as of just prior to the transaction, the beneficial owner, directly or indirectly, of more than fifty percent ( 50 % ) of the voting equity of the Party becomes ( after such transaction ) the beneficial owner, directly or indirectly, of more than fifty percent ( 50 % ) of the voting equity of the Party whether as a result of issuances, redemptions, repurchases or transfers of voting equity or otherwise ; or ( b ) the Party consolidates with, or merges with or into, a Third Party or sells, assigns, conveys, transfers, leases or otherwise disposes of all, or substantially all, of its assets to a Third Party, or a Third Party consolidates with, or merges with or into, the Party, in any such event pursuant to a transaction in which the outstanding voting equity of the Party is converted into or exchanged for cash, securities, equity interests or other property and immediately after such transaction the persons who were the beneficial owners of the outstanding voting equity of the Party immediately prior to the transaction are not the beneficial owners, directly or indirectly, of at least fifty percent ( 50 % ) of the total voting equity of the surviving or transferee entity