definiens: means the costs and expenses .. mcludlllg the cost of fTEs, mcurred or accrued ( as applicable In accordaoce with Article I of thIS FinancIal Appendix ) by the Lead Development Pany or Lead Marketmg Pany in CQnne<:tion wllh Pannering Negotiation ActiVIties, solely to the extent that such cos!.s and expenses are ( i ) aunbulable to activihes in direct relation to Third Panics that actually execute Pannenng Agreements . and thus become Third Pany Panners and not reimbun;ed by the Third Pany Panner . and ( ii ) oUributable to activities in direct relation to Third Parties Ihut did not elle<:ute 3 P ~ nnerin~~rnent, but the costs and expenses subje<:l to Sharing in this case shall Got exceed I ~ of the costs and expenses sct fonh in ( i ) of this Se<:tion 2,5 ; but in either case excluding activities not solely related to a Collaboration Prodoct or Colhlboro tion Compound ( for example . without limiting the foregoing . the costs of a gcnel1ll COI'pOnIte presentat ion by [COMPANY] regarding muhiple current candidates under development would not be included iii a Partnering COSt ) . The Non - Lead ', Share of any Pannerin g Costs shall not be reImbursed to the Lead until and unless the Lead enteB into a Pannering Agreement that genel1ltes Ucensing Revenues . If ! he Lead entcfl into a Pannering Agreement thal generates Ueensing Revenues, then the Non - Lead ', Share of any already accrued Partnering Costs, and any Pannering Costs subsequently acclUing as a result of IIny subsequent partnerin g Negotiation Activities, shall be deducted from any Ucensini : Re"enuc due 10 the Non - Lead in accordance with the Agreement . if any is due . None of the fon : going Pannering Costs Shall be recovcrable other than against such Share of Ucensing Revenues