definiens: , with respect to a Party, shall mean any Person that controls, is controlled by, or is under common controlwith that Party . For the purpose of this definition, means, direct or indirect, ownership of fifty percent ( 50 % ) ormore of the shares of stock entitled to vote for the election of directors, in the case of a corporation, or fifty percent(50 % ) or more of the equity interest in the case of any other type of legal entity, status as a general partner in anypartnership, or any other arrangement whereby the entity or person controls or has the right to control the board ofdirectors or equivalent governing body of a corporation or other entity, or the ability to cause the direction of themanagement or policies of a corporation or other entity . For the avoidance of doubt, an entity that shares a commoncorporate parent with Party shall be considered an Affiliate of such Party if such common parent controls, eitherdirectly or indirectly ( i.e., through different tiers of ownership ), both the Party and the entity at issue . In the case ofentities organized under the laws of certain countries, the maximum percentage ownership permitted by law for aforeign investor may be less than fifty percent ( 50 % ), and in such case such lower percentage shall be substituted inthe preceding sentence, provided that such foreign investor has the power to direct the management and policies ofsuch entity . For the avoidance of doubt, when used in connection with Licensee, the term shall exclude : ( i)any funds or vehicles ( ) advised by CVC Capital Partners Limited and/or its affiliates ; and ( ii ) any portfoliocompanies in which any CVC Fund holds an interest or investment from time to time ( together with the CVC Funds, the )