"Subsidiary" means, in relation to any company, corporation or legal entity (a "holding company"), any company, corporation or legal entity:

any Special Purpose Entity (other than any such entity that is established solely to hold multiple material leasehold interests); and

(b) “Entity” shall mean any corporation, partnership, limited liability company, joint venture, trust, foundation, association, organization or other legal entity.

“Primary Know-How” means, to the extent necessary to make, use, sell, or import VDCs, all Know-How Controlled by Primary or its Affiliates, provided that Primary Know-How shall not include the Metallophile™ Technology. Notwithstanding anything to the contrary, Primary Know-How shall not include any Know-How that is owned, licensed, or otherwise controlled by any Primary Acquiring Entity prior to the date of the transaction by which such Primary Acquiring Entity first became a Primary Acquiring Entity, including any modifications or extensions thereto (the “Primary Acquiring Entity Know-How”), provided that such Primary Acquiring Entity Know-How was not already included within the Primary Know-How prior to the date of the transaction by which such Primary Acquiring Entity first became a Primary Acquiring Entity.

“Person” shall mean an individual, partnership (general or limited), corporation, limited liability company, joint venture, association or other form of business organization (whether or not regarded as a legal entity under applicable Law), trust or other entity or organization, including a Governmental Entity.

“Commonly Controlled Entity” means any entity, whether or not incorporated, that is under common control with [[Company:Organization]] within the meaning of [Section 4001(a)(14)] of ERISA or any entity that is treated as a single employer under Section 414 of the Code.

entity is duly qualified as a foreign entity authorized to do business and is in good standing in every jurisdiction that such qualification is required, except where the failure to be so qualified would not have a material adverse effect on such entity.

any Contract relating to loans or advances # by any Permal Entity to any other Person or # by the Permal Contributor, any Permal Entity or any Affiliate thereof to any employee of an Permal Entity, any Permal Record Owner or an Associated Person thereof;

“Person” means any individual, corporation, firm, partnership, joint venture, limited liability company, estate, trust, business association, organization, governmental entity or other entity.

"Joint Venture" means any joint venture entity, whether a company, unincorporated firm, undertaking, association, joint venture or partnership or any other entity.