definiens: of a Person means any other Person which ( directly or indirectly ) is controlled by, controlsor is under common control with such Person . For the purposes of this definition, the term ( including, withcorrelative meanings, the terms and ) as used with respect to a Person, shall mean the possession, directly or indirectly, of the power to direct, or cause the direction of, the management orpolicies of such Person, whether through the ownership of voting securities, by contract or otherwise, and shall be presumed to exist if either of the following conditions is met : ( i ) in the case of a corporate entity, direct orindirect ownership of voting securities entitled to cast at least fifty percent ( 50 % ) of the votes in the election ofdirectors or ( ii ) in the case of a non - corporate entity, direct or indirect ownership of at least fifty percent ( 50 % ) of theequity interests with the power to direct the management and policies of such entity