definiens: means, with respect to any Person, a ny corporation, partnership, association, limited liability company, unlimited liability comp any or other business entity of which ( a ) if a corp oration, a majority of the total voting power of shares of sto ck entitled ( without regard to the occurrence of an y contingency ) to vote in the election of directors, managers or t rustees thereof is at the time owned or controlled, directly or indirectly, by that Person or one or more of the ot her Subsidiaries of that Person or a combination th ereof, or ( b ) if a partnership, association, limited liability co mpany, or other business entity, a majority of the partnership or other similar ownership interests thereof is at the time owned or controlled, directly or indirectly, by any Person or one or more Subsidiaries of that Person or a com bination thereof . For purposes hereof, a Person or Persons shall be deemed to have a majority ownership interest in a partnership, association, limited liability compa ny or other business entity if such Person or Persons are alloc ated a majority of partnership, association, limite d liability company or other business entity gains or losses or otherwise control the managing director, managing member, general partner or other managing Person of such pa rtnership, association, limited liability company o r other business entity