definiens: means an amount equal to : ( A ) the dollar amount of royalties received by AGTC fromthird parties for Net Sales by such third parties, minus ( B ) the dollar amount of royalties paid by AGTC to UFRF pursuantto the Base Royalty for such Net Sales, minus ( C ) a dollar amount equal to [ * * ] of such Net Sales . Notwithstanding theforegoing, except for royalties arising under the Genzyme Collaboration Agreement, in the event that the royalty payableto UFRF in any calendar quarter [ * * ] of the Net Royalty in such quarter, then such royalty owed to UFRF will be [ * * ] . Inthe event that licenses from third parties are required by Licensee in order to make, have made, use, sell, offer to sell orimport any particular Licensed Product or Licensed Process, then the earned royalty which Licensee is obligated to payUFRF under this Section 4.3 shall be reduced by [ * * ] for each one dollar ( $ 1.00 ) in royalties which Licensee is obligatedto pay to third parties under such licenses, further provided, however, that the royalty payable to UFRF under thisSection 4.3 shall not be reduced to [ * * ] of AGTC ’s Net Sales . ”5 . Section 4.4.1 is hereby deleted and replaced by the following, effective January 1, 2005 :) to be paid in equal quarterlyinstallments thereafter for the life of this Agreement