definiens: shall mean a written report or reports showing each of ( i ) gross sales ( expressed in total gross invoice amount and in number of units o f Product sold ), a listing of permitted deductions by category ( as described in the definition of ) and the calculation of Net Sales in each country in th e Territory, for each Calendar Quarter, by [COMPANY] and each of its Affiliates and its Sublicensees ; ( ii ) the royaltie s which shall have accrued hereunder in respect of such sales, an d a reasonable description of information that form the basis of calculating those royalties ; ( iii ) withholding taxe s, if any, required by law to be deducted and paid to a taxing authority from such royalties ; and ( iv ) the exchang e rate used for converting currency from the curren cies in which sales were made into the currency in which payment is to be made hereunder