definiens: means:(a ) the revenue in Australian dollars received by [COMPANY] Research or any Related BodyCorporate of [COMPANY] Research from all sales of the Products or licence fees orroyalties derived from licensing of the Intellectual Property to produce, market and sellthe Products ; and(b ) the cash value of any non - cash consideration received by [COMPANY] Research or a RelatedBody Corporate of [COMPANY] Research from sales of Products, and from licensing of theIntellectual Property to produce, market and sell the Products, which is in settlement ofmonies owing or which would otherwise be owing to [COMPANY] Research or a RelatedBody Corporate for sales of Products or licensing of Intellectual Property, ( provided thatthe accumulated cash value of such non - cash consideration shall not be taken intoaccount in determining net sales revenue until [COMPANY] Research has received sufficientrevenue pursuant to paragraph ( a ) above to meet the payment of any royalties payablepursuant to this Agreement),after the deduction of all trade discounts, returns of sales, foreign exchange charges, withholdingtax, sales tax or similar tax such as consumption tax, goods or services tax or value added tax andinsurance and freight costs under a cost insurance and freight arrangement, but before thededuction of administrative, marketing and manufacturing costs and corporate income tax