definiens: means, with respect to a specified Party, any Person that directly or ind irectly controls, is controlled by, or is under common control with that Party . For the purpose of this definition, or means direct or indirect ownership of 50 % or more of the shares of stock entitled to vote for the election of dire ctors in the case of a corporation, status as a general partner in any partnership, ownership of 50 % or more of the entity ’s equity interest in the case of any other type of legal entity, or any other arrangement whereby the Person controls or has the righ t to control the board of directors or equivalent governing body of a corporation or other entity or the ability to otherwise cause the direction of the management or policies of the corporation or other entity . The Parties acknowledge that, in the case of entities organized under the Applicable Laws of certain countries where the maximum percentage ownership permitted by Applicable Law for a foreign investor is less than 50 %, that lower percentage will be substituted in the preceding sentence if the foreig n investor has the power to direct the management and policies of that entity