I mean the item of the agreement. We have an agreement between parties with the next poin:
"Company Affiliate" shall mean an entity directly or indirectly controlled by or under common control with the Company where control means having power to control such entity's general activities, but only for so long as such ownership or control shall continue..."
So I try to understand what means "directly or indirectly control", "common control"...
For instance in Russia dependent company is a company shareholder of which owns more then 25% of share capital. Thus such company depends on shareholder and affiliates... etc.
Are there similar rules due to affiliated or dependent company in the USA?