definiens: means, with respect to a Party, ( a ) any corporation or business entity of which fifty percent ( 50 % ) or more of the securities or other ownership interests representing the equity, the voting stock or general partnership interest are owned, controlled or held, directly or indirectly, by such Party ; ( b ) any cor poration or business entity, which, directly or indirectly, own s, controls or holds fifty percent ( 50 % ) ( or the ma ximum ownership interest permitted by law ) or more of the securities or other ownership interests representi ng the equity, the voting stock or, if applicable, the gen eral partnership interest, of such Party ; or ( c ) an y corporation or business entity, fifty percent ( 50 % ) or more of the securities or other ownership interests representi ng the equity of which is directly or indirectly owned, controlle d or held by the same corporation, business entity or security holders, or holders of ownership interests, that ow n, control or hold fifty percent ( 50 % ) or more of t he securities or other ownership interests representing the equit y or the voting stock of such Party . Notwithstandin g the foregoing, for purposes of the definitions of Contr ol, Controls, Controlled by, [COMPANY] Collaboration IP, [COMPANY] In - Licenses, [COMPANY] IOC Technology, Tekmir a Know - How, [COMPANY] Patent Rights, [COMPANY] Technology and Joint Collaboration IP, Protiva shal l not be deemed an Affiliate of [COMPANY]