definiens: shall mean all payments actually received by [COMPANY] pursuant to each Sublicense, including, without limitation, up - front license fees, milestone payments, license maintenance fees, election fees, andall other fees and payments paid to [COMPANY] under each Sublicense agreement, excluding running royalties received byGTx that are calculated as a percentage of Sublicensee ’s Net Sales, and excluding the up - front fee [COMPANY] has alreadyreceived from Ipsen in October 2006 upon its entering into the Ipsen Sublicense . [COMPANY] may deduct from SublicenseRevenue attributable to a particular Sublicense agreement payments received by [COMPANY] as [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSIONPURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED