definiens: shall mean all fixed license fees, milestone amounts or other upfront payments ( in each case, including the fair market value of any non -monetary consideration ) actually received by Buyer or its Affiliates fr om a licensee, sublicensee, assignee or transferee in connection with a Qualifying Transaction, but excluding all other amounts received pursuant to such Qualifying Transaction, including the following types of payments : ( i ) royalties, earn -outs and simila r non -milestone payments triggered by sales of the Patented Product, ( ii ) reimbursements for research and development activities for the Patented Product to be performed by or at the expense of Buyer or its Affiliates ; ( iii ) reimbursements for third party costs incurred by Buyer or its Affiliates with respect to the prosecution and maintenance of any Intellectual Property after the execution of such agreement ; ( iv ) amounts received for the supply of the Patented Product by Buyer or its Affiliates at fair ma rket value