definiens: means a number, to be calculated for each Calendar Year and reportedby [COMPANY] to [COMPANY] no later than ninety ( 90 ) days after the end of such Calendar Year, determined by dividing theAdjusted Cost of Goods per unit dose for such Licensed Product during the applicable Calendar Year by the AdjustedAverage Sales Price per unit dose for a Licensed Product sold during the such Calendar Year . The preliminary Cost ofGoods / Average Sales Price Ratio ( ) of a Licensed Product for anupcoming Calendar Year in which [COMPANY], its Affiliates or US Sublicensees sell a Licensed Product shall be the Adjusted Costof Goods / Sales Price Ratio for the preceding Calendar Year . The adjusted Cost of Goods / Sales Price Ratio ( ) for a Calendar Year shall be calculated and reported by [COMPANY] to [COMPANY] no later than ninety(90 ) days after the end of the applicable Calendar Year . If a Licensed Product is sold in multiple formats or for multipleindications, a separate Cost of Goods / Average Sales Price Ratio shall be calculated for each format or indication . The Cost ofGoods / Average Sales Price Ratio shall be expressed as a percentage