definiens: means, with respect to a Party, any Person that c ontrols, is controlled by, or is under common control with that Party . For the purpose of this definition, shall mean direct or ind irect ownership of fifty percent ( 50 % ) or more of the sha res of stock entitled to vote for the election of d irectors, in the case of a corporation, or fifty percent ( 50 % ) o r more of the equity interest in the case of any ot her type of legal entity, status as a general partner in any pa rtnership, or any other arrangement whereby the ent ity 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 th e management or policies of a corporation or other entity . In the case of entities organized under the laws of certai n countries, the maximum percentage ownership permi tted by law for a foreign investor may be less than fifty p ercent ( 50 % ), and in such case such lower percentag e shall be substituted in the preceding sentence ; provided, th at such foreign investor has the power to direct th e management and policies of such entity