definiens: shall mean ( i ) any corporation or business entity of which fifty percent ( 50 % ) or more of the securities or other ownership interests representin g the equity, the voting stock or general partnersh ip interest are owned, controlled or held, directly or indirectly, by a Party ; or ( ii ) any corporation or business entity which, directly or indirectly, owns, control s or holds fifty percent ( 50 % ) ( or the maximum 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 general partnership interest, of a Party ; or ( iii ) any corporation or business entity of which fifty perce nt ( 50 % ) or more of the securities or other ownersh ip interests representing the equity, the voting stock or general partnership interest are owned, control led or held, directly or indirectly, by a corporation or b usiness entity described in ( i ) or ( ii )