Third party rights

(a) Created against a black participant to secure, for a lender, repayment of a loan advance dot that participant for financing their purchaser of their equity instrument in the measured entity;

(b) Held against a juristic person or trust that is in the chain of ownership between the measured entity and that the eventual black participant servicing the same purpose mentioned in (a) above;

Means third party legal or commercial rights that restrict withhold or defer any benefit associated with ownership of any equity Instrument. Third party rights include only those rights: