definiens: means, with respect to a Person, any other Person that, directly or indirectly, through one or more intermediaries, owns or controls, is owned or controlled by or is under common control with the f irst Person, in each case only for so long as such contr ol exists . For purposes of this definition, means ( a ) direct or indirect ownership of more than fifty percent ( 50 % ) ( or, if less than or equal to fifty percent ( 50 % ), the maximum ownership interest permitted by applica ble Laws ) of the stock or shares having the right t o vote for the election of directors of such corporate entity or ( b ) the possession, directly or indirectly, of t he power to direct, or cause the direction of, the management o r policies of such entity, whether through the owne rship of voting securities, by contract or otherwise . Notwit hstanding the foregoing, SATSUMA shall not be an Af filiate of SNBL