definiens: means Cost of Goods Sold, Third Party Royalties ( i.e., anyalloc­able intellecrual property acquisition and licensing costs ), outbound freight on sales if borne by the seller and a one - time workin ca ita ! char e on inventorv calculated at an annual rate equal to ne percent 1 % ab ve ix·month LIBOR rate as d December 3 ultiplied by Cost of Goods Sold of the launch inventory, which charge shall apply for the period beginning on the flIst conunercial sale and ending when the launch inventory is completely sold or after one year, whichever is earlier, means those costs, including Allocable Overhead, arising from clinical trials or other Scientific Studies= ( i ) to obtain and/or expand Regulatory Approvals, the authorization and/or ability to manufacture, fonnulate, fill, ship and/or sell a Licensed Prod­uct in the Field in conunercial quantities and ( ii ) to enhance revenues from Licensed Product