definiens: shall mean the consolidated Quarterly report prepared by [COMPANY] ( based on information reported under Section 14.7(b ) ) setting forth in reasonable detail, for each Major M arket Country in the Co -Funding Territory and to the extent [COMPANY] ’s internal systems are segregating such information on a country -by - country basis, for each such country in the Co -Funding Territory, and in the aggregate for the Co -Funding Territory as a whole, ( a ) Co - Funded Product Net Sales, Cost of Goods Sold, and Shared Commercial Expenses invoiced or incurred by each Party for such Quarter, ( b ) Other Shared Expenses incurred by each Party for such Quarter, and ( c ) the Quarterly Profit True -Up, and the component items and calculations in determining such Quarterly Profit True -Up, calculated in accordance with Schedule 2 . If an item is included in one Quarterly report, in no event shall the same item be included in a subsequent Quarterly report