definiens: of a Person means any other Person whic h ( directly or indirectly ) is controlled by, contro ls or is under common control with such Person . For th e purposes of this definition, the term ( including, with correlative meanings, the terms and ) as used with res pect to a Person, shall mean the possession, directly or indi rectly, of the power to direct, or cause the direct ion of, the management or policies of such Person, whether thro ugh the ownership of voting securities, by contract or otherwise . shall be presumed to exist if either of the following conditions is met : ( i ) in t he case of a corporate entity, direct or indirect ownership of v oting securities entitled to cast at least fifty pe rcent ( 50 % ) of the votes in the election of directors or ( ii ) in t he case of a non - corporate entity, direct or indire ct ownership of at least fifty percent ( 50 % ) of the equity interests w ith the power to direct the management and policies of such entity