definiens: means, as to any Person, any othe r Person that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with such Person, as th e case may be, for so long as such control exists . As used in this Section 1.1.2, means : ( a ) to possess, directly or indirectly, the power to direct affirmatively the m anagement and policies of such Person, whether thro ugh ownership of voting securities or by contract relat ing to voting rights or corporate governance ; ( b ) i n the case of a corporate entity, direct or indirect ownership of at least fifty percent ( 50 % ) of the stock or share s having the right to vote for the election of directors ; or ( c ) in the case of a non - corporate entity, direct or i ndirect ownership of at least fifty percent ( 50 % ) of the equity inter est with the power to direct the management and pol icies of such non - corporate entity, or in each case ( b ) and ( c ) s uch lesser percentage which is the maximum allowed to be owned by a foreign corporation or non - corporate ent ity in a particular jurisdiction