Extract to table

"Calendar Quarter" means each successive period of three (3) consecutive calendar months ending on March 31, June 30, September 30, and December 31, respectively; provided that the first Calendar Quarter of the Term shall commence on the Effective Date and end on the first to occur of March 31, June 30, September 30, or December 31 thereafter, and the last Calendar Quarter of the Term shall end on the effective date of expiration or termination of this Agreement

Sales for compassionate use, named patient supply, clinical trial purposes, or other pre-commercial supply shall not constitute a First Commercial Sale

"IND" means an Investigational New Drug application filed with a Regulatory Authority, or the equivalent thereof (including a Clinical Trial Application), in any country of the Territory, that is required to be filed before commencing clinical trials of a Licensed Product in such country

In no event shall any particular amount be deducted more than once in calculating Net Sales

Sales or transfers of Licensed Products between or among Licensee, its Affiliates, and its sublicensees shall not be included in Net Sales unless such Licensed Products are consumed by the transferee and not resold to a Third Party

Transfers of Licensed Products for charitable, compassionate use, promotional, clinical trial, or sampling purposes shall be excluded from Net Sales