definiens: means, with respect to a particular Party, a person, corporation, partnership, or other entity thatcontrols, is controlled by or is under common control with such Party . For the purposes of the definition in this Section 1.1, the word ( including, with correlative meaning, the terms or ) means the actual power, either directly or indirectly through one ( 1 ) or more intermediaries, to direct or cause the direction ofthe management and policies of such entity, whether by the ownership of at least fifty percent ( 50 % ) of the voting stock ofsuch entity, or by contract or otherwise . In the event that PDL completes a Separation Transaction pursuant to Section 14.18and this Agreement is assigned to or retained by PDL Operating Company ( as defined in Section 1.74 ), PDL HoldingCompany ( as defined in Section 1.74 ) shall not be deemed to be an Affiliate of PDL Operating Company