PA Affiliate

PA Affiliate. Shall mean PetroAlgae, Inc. and any company (other than PA) which is from time to time directly or indirectly controlled by PetroAlgae, Inc.; wherein an entity controls another entity if the first entity owns fifty percent or more of the ownership interest of, or the voting or contractual rights in, the other entity, whether directly or indirectly, through one or more intermediaries or otherwise, and whether by ownership of shares or other equity interests, the holding of voting rights or... contractual rights, by being the general partner of a limited partnership, or otherwise. View More