definiens: means, ( a ) with respect to sales of Licensed Prod ucts by OPI or its Affiliates, net sales as calcula ted by the selling entity in preparing its financial st atements so long as such statements are prepared in accordance with US GAAP, IFRS or other accounting standard app licable to such selling entity and ( b ) with respect to sales of Licensed Products by Sublicensees, as reported t o OPI or its Affiliates pursuant to the applicable agreement between OPI or its Affiliate and such Sublicensee . Net Sales will not include transfers or disposition s of Licensed Product for charitable, promotional, pre - c linical, clinical, regulatory, or governmental purp oses . Net Sales will not include sales or other transfers bet ween or among OPI, its Affiliates or its Sublicense es, but Net Sales will include any subsequent resale or other t ransfer to any such Person that is not OPI, its Aff iliate or its Sublicensee . For purposes of calculating Net Sales for sales that occur using a currency other than th e US Dollar, all such Net Sales will be converted into US Dollar s using OANDA ( http://www.oanda.com/ ) or another commonly accepted foreign exchange conversion tool