definiens: shall mean, with respect to a Party, any corporation or other entity that is directly or indirectly controlled by, under common control with, or that controls such Party . For · the avoidance of doubt, any such corporation or other entity shall cease to be an of such Party under this Agreement when such corporation or other entity is no longer directly or indirectly controlled by, under common control with, or controlling such Party . For purposes of this definition, and mean the direct or indirect ownership or control ( whether through contract or otherwise ) of more than fifty percent ( 50 % ) of the stock or shares entitled to vote for the election of directors in the case of corporate entities and in the case of non - corporate entities, more than fifty percent ( 50 % ) of the equity interest with the power to direct management policies ; provided that, if local law restricts the maximum ownership interest of foreign interests to less than fifty percent ( 50 % ), control will be established by direct or indirect beneficial ownership of one hundred percent ( 100 % ) of the maximum ownership percentage that may be owned by foreign interests under such local law