definiens: mean any person, firm, corporation or other entity controlling, controlled by, or undercommon control with a party hereto . The term wherever used throughout this License Agreement meansownership, directly or indirectly, of more than fifty percent ( 50 % ) of the equity capital or the ability to effect theelection of a majority of the directors . Notwithstanding the foregoing, with respect to LICENSEE, any investor ofLICENSEE that would otherwise qualify as an hereunder but that is a financial investor and not an operatingcompany will not be treated as an hereunder ( and any Affiliates of such investor will likewise not be treatedas hereunder, provided such investor Affiliate would not otherwise be considered an hereunder);as of the Effective Date, Third Rock Ventures is such an investor and thus it and its other Affiliates are not treated as under this License Agreement . With regard to LICENSORS, mean the Memorial Sloan - KetteringCancer Center, Sloan - Kettering Institute for Cancer Research, the Memorial Hospital for Cancer and Allied Diseases, and the Board of Regents ( the ) of The University of Texas System ( the )