definiens: of a Party means ( i ) any corporation or business entity of which fifty percent ( 50 % ) or more of the securities or other ownership interests repr esenting the equity, the voting stock or general pa rtnership interest are owned, controlled or held, directly or indirectly, by such Party ; or ( ii ) any corporation or business entity which, directly or indirectly, owns, control s or holds fifty percent ( 50 % ) ( or the maximum owne rship interest permitted by Applicable Laws ) or more of t he securities or other ownership interests represen ting the equity, the voting stock or, if applicable, the gen eral partnership interest, of such Party ; or ( iii ) any corporation or business entity of which fifty percent ( 50 % ) or mor e of the securities or other ownership interests re presenting the equity, the voting stock or general partnership interest are owned, controlled or held, directly o r indirectly, by a corporation or business entity described in ( i ) o r ( ii ), in each case, for so long as such corporati on or business entity meets the requirements in ( i ), ( ii ) or ( iii ) above