definiens: shall mean ( i ) any corporation or business entity of which, now or hereafter, ﬁfty percent ( 50 % ) or more of the securities or otherownership interests representing the equity, the voting stock or general partnership interest are owned, controlled or held, directly or indirectly, byMSD or Company ; or ( ii ) any corporation or business entity which, now or hereafter, directly or indirectly, owns, controls or holds ﬁfty percent(50 % ) ( or the maximum ownership interest permitted by law ) or more of the securities or other ownership interests representing the equity, thevoting stock or, if applicable, the general partnership interest, of MSD or Company ; or ( iii ) any corporation or business entity of which, now orhereafter, ﬁfty percent ( 50 % ) or more of the securities or other ownership interests representing the equity, the voting stock or generalpartnership interest are owned, controlled or held, directly or indirectly, by a corporation or business entity described in ( i ) or ( ii )