definiens: means, for any period of determination, the sum of the following for such period : ( i ) theamounts invoiced and recognized as revenue in accordance with GAAP by the Company, its Subsidiaries or any of theirAffiliates with respect to the sale of Product to a Third Party by the Company, its Subsidiaries or any of their Affiliates, ( ii ) theamounts invoiced and recognized as revenue in accordance with GAAP by the Company, its Subsidiaries or any of theirAffiliates from a Third Party with respect to the sale, distribution or other use of the Product by such Third Party in connectionwith any marketing, royalty, manufacturing, co - promotion, co - development, equity investment, cost sharing or other strategicarrangements, and ( iii ) any collections in respect of write - offs or allowances for bad debts in respect of items described in thepreceding clauses ( i ) and ( ii ) . For purposes of prevention of duplication, shall not include amountsinvoiced by distributors, wholesalers or other Persons acting in similar capacities