Indirect interest. An indirect interest is one that passes through one or more intermediate entities. An entity's percentage of indirect interest in a second entity is equal to the entity's percentage of direct interest in an intermediate entity multiplied by the intermediate entity's direct or indirect interest in the second entity.
50 CFR § 680.2
In addition to the definitions in the Magnuson-Stevens Act, in 50 CFR part 600, and 679.2 of this chapter, the terms used in this part have the following meanings: