definiens: , as . ed herein . shall mean any process or method that is covered by the Patent ' ghts . the use of which would constitute, but for the license granted to V sis pursuant to this Aareement . an infringement of any claim within the f tent Riahts ., 1.7, as used he in . shall mean the amount billed by [COMPANY] or its Affiliates to third p ~ i s for the sale of Licensed Products, less the followina : ( a ) cash di~ ounts andlor quantity discounts allowed . credits for c : ustomers ' retum$ and allowances ; and ( b ) sales and use ta.xes incurred . as determine~ n accordance with aenerally accepted accountina practic : es . Royalties s all ac : c : rue only onc : e in respec : t to a particular Lic : ensed Produc : t. ' 1.8, as used het in, shall mean any c : orporation or other business entity in whic : h [COMPANY] 0 or controls . direc : tly or indirectly, at least fifty percent ( SO% ) of the q tstandina stoc : k or other votina rights entitled to elect directors ; provide ' • however . that in any c : ountry where the local law shall not permit forei equity participation of at least SO% . then an shall inc : lud any company in whic : h [COMPANY] shall own or control, directly or indirectly •. e maximum percentage of such outstandina stoc : k or " oling rights permirt d by Ioc : allaw, 2 ;