Permitted Affiliates

Permitted Affiliates. Means with respect to a person, any other person that directly, or indirectly through one or more intermediaries, controls, is controlled by or is under common control with, such first person (for purposes of this definition, "controls," "controlled by" and "under common control with" means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person through the ownership of fifty percent (50%) or more of the voting securities or... partnership or other ownership interests); provided that, Permitted Affiliates shall not include any Competitor or Activist Investor. 2 View More