definiens: means a rolling [ * * * ] Calenda r Year budget setting forth the total budgeted amounts estimated to be incurred in performance of Commercialization activities for each of the Cost Profit Sharing Products in the applicable Cost Profit Sharing Country(ies ) included in the Co -Commercializat ion Plan pertaining to each applicable Cost Profit Sharing Product for the applicable Cost Profit Sharing Country(ies ) in the first Calendar Year ( or part thereof ) of such budget and the overall estimated budget to be incurred in performance of Commerciali zation activities included in the Co -Commercialization Plan pertaining to all such Cost Profit Sharing Products for the applicable Cost Profit Sharing Country for the next [ * * * ] thereafter, including a reasonably detailed budget for FTE Costs and Out -of - Pocket Costs, broken down by Calendar Quarter for the first Calendar Year ( or part thereof ) and a then current estimate of such FTE Costs and Out - of - Pocket Costs for the next [ * * * ], and, as determined by the JCC ( or if Denali is not conducting Co -Commerciali zation Activities by the JSC ), a further breakout of costs by functional area or category . For the avoidance of doubt, the Co -Commercialization Budget shall include Cost Profit Sharing Product(s ) for which Denali is not conducting Co -Commercialization Acti vities