definiens: means, with respect to any Person, any Person con trolling, controlled by or under common control with such Person . For purposes of this Sect ion 1.8 ( Affiliate ), the term ( including, with correlative meaning, the terms and ), means the possession, directly or indirectly, of more than 50 % of the voting stock or other ownership interest o f such Person, or the possession, directly or indirec tly, of the power to direct or cause the direction of the affairs or management and policies of such Person o r the power to elect or appoint more than 50 % of th e members of the governing body of such Person . The P arties acknowledge that in the case of certain entities organized under the laws of certain countr ies outside the United States, the maximum percenta ge ownership permitted by Applicable Law for a foreign investor may be less than fifty percent ( 50 % ), and that in such case such lower percentage will be sub stituted in the preceding sentence ; provided, that such foreign investor has the power to direct the manage ment and policies of such entity