PRIMARY AFFILIATE

PRIMARY AFFILIATE. Of a Party shall mean (i) a corporation or other legal entity that owns, directly or indirectly, fifty percent (50%) or more of the outstanding equity securities of a Party which are entitled to vote in the election of directors or a fifty percent (50%) or greater interest in the net assets or profits of an entity which is not a corporation or any similar type of control relationship, (ii) any majority-owned subsidiary of such corporation or other legal entity, and (iii) any majority-owned... subsidiary of a Party. View More