definiens: shall mean : ( a ) Acquisition or change, in one transacti on or series of related transactions, of ownership — directly or indirectly, beneficially or o f record — by any person or group ( within the meaning of the Exchange Act and the rules of the SEC or equivalent body under a different jurisdiction ) of the capita l stock or membership or equity interests of the Licensee repr esenting 2 more than 50 % of either the aggregate ordinary voti ng power or the aggregate equity value represented by the issued and outstanding capital stock or membership or equity interests of the Licensee, excluding bona fide financing transactions involving the issuance by Li censee of shares of its capital stock prior to Nove mber 10, 2016 ; and/or ( b ) The direct or indirect sale, transfer or o ther disposition of all or substantially all the Licensee ’s assets and/or business to which this Agreement relates, in one transaction or in a seri es of related transactions ; and/or ( c ) The consolidation or merger of Licensee wi th a third party by operation of law or otherwise