definiens: of a Party or other entity shall mean any entity that, directly or indirectly, is controlled by, controls, or is under common control with such Part y including ( i ) any corporation or business entity of which at least fifty percent ( 50 % ) or the maximum o wnership interest permitted by applicable law in the country where such entity exists, whichever is less, of the securities or other ownership interest s representing the equity or right to recei ve profits, the voting stock, general partnership i nterest or power to direct the affairs of such entity, are owned, co ntrolled or held, directly or indirectly, by a Part y or such entity ; ( ii ) any corporation or business entit y which, directly or indirectly, owns, controls or holds at least fifty percent ( 50 % ) or the maximum ownersh ip interest permitted by law in the country where a Party or such entity exists, whichever is less, of the securities or other ownership interests represe nting the equity or right to receive profits, voting stoc k, general partnership interest or power to direct the affairs of, a Party or such entity ; or ( iii ) any co rporation or business entity of which a Party or su ch entity has the right to acquire, directly or indire ctly, at least fifty percent ( 50 % ) or the maximum ownership interest permitted by law in the country where such entity exists, whichever is less, of the securities or other ownership interests representin g the equity or right to receive profits, voting st ock, general partnership interest or power to direct the affairs, thereof