definiens: means ( i ) royalty or profit sharing payments, or any other type of payment based on periodic sales of a Collaboration Product or Deferred Target Development Candidate ; ( ii ) payments made in consi deration of [COMPANY] ’ or [COMPANY] ’ Affiliate ’s equity or debt secu rities at fair market value ; ( iii ) payments made to pay for or reimburse [COMPANY] or [COMPANY] ’ Affiliate for the fully - b urdened cost of research and development ; ( iv ) paym ents made to pay for or reimburse [COMPANY] or [COMPANY] ’ Affiliate f or the cost of prosecuting, maintaining or defendin g Patent Rights ; and ( v ) payments made to [COMPANY] or [COMPANY] ’ Affiliate to pass - through to a Third Party in satisfaction of a payment obligation [COMPANY] or [COMPANY] ’ Affiliate has to such Th ird Party