definiens: Affiliate " means, with respect tQ each party, any legal entity during the term .of this Agreement : ( i ) at least fifty percent ( 50 % ) .of whQse issued vQting securities .or assets are .owned .or cQntrolled, directly .or indirectly, by said party ; ( ii ) which .owns .or cQntrQls, directly .or indirectly, at least fifty percent ( 50 % ) .of the issued vQting securities .or assets .of said party ; .or ( iii ) which is .owned .or cQntrQlled, directly .or indirectly, by any .of the entities described in ( i ) .or ( ii ) abQve, where such .ownership .or c.ontrQI is defined as .owning .or cQntrQlling at least fifty percent ( 50 % ) .or mQre .of the issued vQting securities .or assets .of such entity