Contrai definition
Contrai oC a Person means lhe ownership, directiy or indirectiy, of more lhan fifcy percenl (5O’) of lhe voling stock of such Person or lhe power, direct or indirect, lo eleci or remove a rnajority of the members of lhe board of directors or comparabie governing body of such Person, whether through ownership (direcl or indireci) of voling securities or parlnership or other ownership interesls, by contract or othenvise; and the lerms “Controiiing” and “Controlied” shaii have correlative meanings.