definiens: shall mean, with respect to any sp ecified Person, any other Person of which ( or in wh ich ) such specified Person will, at the time, directly o r indirectly through one or more subsidiaries, ( a ) own at least 50 % of the outstanding capital stock ( or other shares o f beneficial interest ) having ordinary voting power to elect a majority of the board of directors or other similar governing body ( irrespective of whether at the tim e capital stock ( or other shares of beneficial interest ) of any oth er class or classes of such Person shall or might h ave voting power upon the occurrence of any contingency ), ( b ) hold a t least 50 % of the interests in the capital or prof its, ( c ) hold at least 50 % of the beneficial interest ( in the case o f any such Person that is a trust or estate ), or ( d ) be a general partner ( in the case of a partnership ) or a managin g member ( in the case of a limited liability compan y )