Related with respect to any Business, shall mean primarily related to, primarily used in or primarily held for use in the conduct of such Business.
Related. Related company or companies shall mean any legal entity which holds directly or indirectly more than 50% of the issued share capital or capital stock of GSI or TSA, or of which GSI or TSA holds directly or indirectly more than 50% of the issued share capital or capital stock, in any event not to include TSA.com. An entity shall be deemed to hold shares indirectly if the shares are held by another entity that is majority controlled, either directly or through other majority controlled entities, by such first mentioned entity.
Related and “related persons” means natural and juristic persons who are connected to one another in the manner contemplated in sections 2 and 3 of the Companies Act 71 of 2008;