definiens: of a Party means any Person that directly or indirectly is controlled by, controls or is under common control with a Party . For the purposes of this definition, the term ( including, with correlative meanings, the terms and ) as used with respect to a Person means ( a ) in the case of a corporate entity, ( i ) direct or indirect ownership of more than fifty percent ( 50 % ) of the voting securities or capital stock of such entity or ( ii ) possession, directly or indirectly, of the power to direct the management and policies of such entity, as applicable, whether through the ownership or control of voting securities, by contract or otherwise or ( b ) in the case of a non -corporate entity, ( i ) direct or indirect o wnership of more than fifty percent ( 50 % ) of the equity interests of such entity or ( ii ) possession, directly or indirectly, of the power to direct the management and policies of such entity, whether through the ownership or control of voting securities, b y contract or otherwise ; provided that, if local Laws restrict foreign ownership, control shall be established by direct or indirect ownership of the maximum ownership percentage that may, under such local Laws, be owned by foreign interests