definiens: means, with respect to a particular ent ity or Person, any Person that controls, is control led by, or is under common control with that Party . For the purpose of this definition, will mean, d irect or indirect ownership of 50 % or more of the shares of stock entitled to vote for the election of direc tors, in the case of a corporation, or 50 % or more of the eq uity interest in the case of any other type of lega l entity, status as a general partner in any partnership, or any other arrangement whereby the entity or Person controls or has the right to control the board of d irectors or equivalent governing body of a corporat ion or other entity, or the ability to cause the direction of the management or policies of a corporation or other entity . In the case of entities organized under the laws of certain countries, the maximum percentage ownership permitted by law for a foreign investor m ay be less than 50 %, and in such case such lower percentage will be substituted in the preceding sen tence, provided that such foreign investor has the power to direct the management and policies of such entit y