definiens: means, with respect to a Party hereto, any corporation, partnership, joint venture or other businessentity which, at the time of determination, is controlled by, controlling or under common control with such Party . Forpurposes of the definition of, means direct or indirect beneficial ownership of more than fifty percent(50 % ) of the voting stock, equity or participating profit interest of such corporation or other business entity ( providedthat, if Applicable Law requires a minimum percentage of local ownership, control shall be established by direct orindirect beneficial ownership of one hundred percent ( 100 % ) of the maximum ownership percentage that may, undersuch Applicable Law, be owned by foreign interests ) or the power to direct or cause the direction of the managementor policies of a Party, whether through the ownership of voting securities, by contract or otherwise . When used inreference to an entity that is not Party ( such as the reference to an Affiliate of Bayer in Section 12.2 ), shallhave the same meaning, applied mutatis mutandis