definiens: of a Person means any other Person that ( directly or indirectly ) controls, is controlled by or is under common control withsuch Party, but only for so long as such control exists . For the purposes of this Section 1.3, the word ( including, with correlativemeaning, the terms or ) means ( a ) in the case of a corporate entity, direct or indirect ownership ofvoting securities entitled to cast at least fifty percent ( 50 % ) of the votes in the election of directors, ( b ) in the case of a non - corporate entity, direct or indirect ownership of at least fifty percent ( 50 % ), including ownership by trusts with substantially the same beneficial interest, of theequity interests with the power to direct the management and policies of such Person, provided that if local law restricts foreign ownership, control shall be established by direct or indirect ownership of the maximum ownership percentage that may, under such local law, be ownedby foreign interests, or ( c ) the power to direct the management or policies of a Person, whether through ownership of voting securities, bycontract or otherwise