definiens: shall mean any corporation, limited liability company, flfm, partnership or other entity, whether de jure or de facto, which, at the time in question, is directly or indirectly owned by or controlled by . or under common control with, [COMPANY] or [COMPANY], as the case may be . For the purposes of this defUlition . a party shall be deemed to have if such party ( a ) owns, directly or indirectly, 50 % or more of ( i ) the voting stock or shareholders ' equity of a corporation, ( ii ) the partnership interests in a partnership . ( iii ) the membership interests in a limited liability company, or ( iv ) in the case of any other entity, the right to receive 50 % or more of either the profits or the assets upon dissolution, or ( b ) possesses, directly or indirectly, the power to direct or cause the direction of the management and policies of the corporation or other entity or the power to elect more than 50 % of the members of the governing body of the corporation, limited liability company or other entity