definiens: means any corporation or other business entity that controls, is controlled by, or is under common controlwith a Party, for so long as such control exists . A corporation or other entity shall be regarded as in control of anothercorporation or entity if it owns or directly or indirectly controls at least fifty percent ( 50 % ) of the outstanding shares or othervoting rights of the other corporation or entity having the right to elect directors or such lesser percentage that is themaximum permitted to be owned by a foreign entity in those jurisdictions where majority ownership by foreign entities isprohibited, or ( i ) in the absence of the ownership of at least fifty percent ( 50 % ) of the outstanding shares or other voting rightsof a corporation, or ( ii ) in the case of a non - corporate business entity, if it possesses, directly or indirectly, the power to director cause the direction of the management and policies of the corporation or non - corporate business entity, as applicable, whether through the ownership or control of voting securities, by contract or otherwise