definiens: shall mean, with respect to a Party, an y person, organization or entity controlling, contr olled by or under common control with, such Party . For pu rposes of this definition only, of anothe r person, organization or entity shall mean the possession, d irectly or indirectly, of the power to direct or ca use the direction of the activities, management or policies of such p erson, organization or entity, whether through the ownership of voting securities, by contract or otherwise . Withou t limiting the foregoing, control shall be presumed to exist when a person, organization or entity ( i ) owns or direct ly controls more than fifty percent ( 50 % ) of the ou tstanding voting shares or other ownership interest of the ot her organization or entity, or ( ii ) possesses, dire ctly or indirectly the power to elect or appoint the majority of the m embers of the governing body of the organization or other entity