Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;
Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.
First-tier sub-award means an award issued directly by the prime Awardee to a sub- awardee to provide support for the performance of any portion of the substantive project or program for which the award was received. A sub-award includes an agreement that the prime Awardee or a sub-awardee considers a contract.
Transfer Agent means, with respect to any class of Shares, such bank, trust company or other Person (including the Company or one of its Affiliates) as shall be appointed from time to time by the Company to act as registrar and transfer agent for such class of Shares; provided that if no Transfer Agent is specifically designated for such class of Shares, the Administrator or the Company shall act in such capacity.
Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.