definiens: or means : ( i ) when used in reference to Confidential Information, Patents or otherIntellectual Property rights, the legal authority or right of a Party ( or any of its Affiliates ) to grant a license or sublicense ofsuch Intellectual Property rights to the other Party, or to otherwise disclose such Confidential Information to such other Party, without breaching the terms of any agreement with a Third Party, or misappropriating such Confidential Information of aThird Party, ( ii ) when used in any other reference, a corporation or non - corporate business entity that ( a ) owns or directly orindirectly controls more than fifty percent ( 50 % ) of the outstanding voting stock or other ownership interest of the othercorporation or entity, or ( b ) in the absence of the ownership of the above majority of the outstanding voting stock or otherownership interest of such corporation or entity, possesses, directly or indirectly, the power to direct or cause the direction ofthe management and policies of such corporation or non - corporate business entity, as applicable