definiens: means ( 1 ) any corporation or business entity of which fifty percent ( 50 % ) or more of the securities orother ownership interests representing the equity, the voting stock or general partnership interest are owned, controlled or held, directly or indirectly, by SERVIER or INTERCEPT ; or ( 2 ) any corporation or business entitywhich, directly or indirectly, owns, controls or holds fifty percent ( 50 % ) ( or the maximum ownership interestpermitted by law ) or more of the securities or other ownership interests representing the equity, the voting stock or, ifapplicable, the general partnership interest, of SERVIER or INTERCEPT ; or ( 3 ) any corporation or business entity ofwhich fifty percent ( 50 % ) or more of the securities or other ownership interests representing the equity, the votingstock or general partnership interest are owned, controlled or held, directly or indirectly, by a corporation or businessentity described in ( 1 ) or ( 2 )