definiens: means a first transfer by IE or an IE Affiliate or a sublicensee of a Royalty - BearingProduct to ( a ) IE or an IE Affiliate ( where IE or such IE Affiliate is the end - user of such Royalty - Bearing Product ) ; or ( b ) aThird Party ; or ( c ) [COMPANY] or a [COMPANY] Affiliate ; in each case, in exchange for cash, or cash equivalent to which value can beassigned after production of the first ( i ) [ * ] of Royalty - Bearing Product in the Intermediates Field, and ( ii ) [ * ] of Royalty - Bearing Product in the Liquid Fuels Field, and ( iii ) [ * ] of Royalty - Bearing Product in the Lubricants Field, in each of ( i),(ii ) and ( iii ), by IE, an IE Affiliate, [COMPANY], a [COMPANY] Affiliate and/or any of their respective sublicensees