definiens: shall mean any payments that LICENSEE receives from a sublicensee in consideration for the sublicense of the rights gran ted LICENSEE under Section 2.1 of this Agreement including without limitation license fees, mileston e payments, license maintenance fees and other payments, but specifically excluding : ( i ) payments made in consideration for the issuance of equity or debt securities of LICENSEE at fair market value, ( ii ) payments specifically committed to the research, development and clinical trials ( both pre - and post- market ) of Licensed Products or Licensed Processes, ( iii ) payments for equipment and the cost of produc tion of Licensed Products or Licensed Services, and ( iv ) running royalties received by LICENSEE fr om the sublicensee . This definition of Sublicensing Revenue is not intended to include other payments, not specifically outlined above, which are not conventionally understood to be from the sublicensing of patent rights