definiens: shall mean, with respect to a Party, any one or mo re legal entities ( i ) owned or controlled by the Party or, ( ii ) owning or controll ing the Party, or ( iii ) owned or controlled by the legal entity owning or controlling the Party, but any such legal entity shall only be considered an Affiliate of a Party for as long as such direct or indirect ownership or contro l exists . For the purposes of this definition a leg al entity shall be deemed to own or control another legal entity if more than 50 % ( fifty percent ) of the voting stock of the latter legal entity, ordinarily entitled to vote in the me etings of shareholders of that entity ( or, if there is no such stock, more than 50 % ( fifty percent ) of the ownership of o r control in the latter legal entity ), is held, dir ectly or indirectly, by the owning or controlling legal enti ty