Common use of Controlling Interest Clause in Contracts

Controlling Interest. FOR PURPOSES OF THIS AGREEMENT, -------------------- "CONTROLLING INTEREST" INCLUDES ANY GENERAL PARTNER'S INTEREST IN A PARTNERSHIP ENTITY, THE OWNER(S) OF 50% OR MORE OF THE VOTING STOCK OF A CORPORATE ENTITY, AND THE OWNER(S) OF 50% OR MORE OF THE MEMBER'S INTERESTS IN A LIMITED LIABILITY COMPANY.