definiens: mean s : ( i ) with respect to all activities other than t hose covered by clause ( ii ) or ( iii ) of this Section 1.2, the costs that are incurred in ac cordance with and limited by a budget approved by t he Joint Project Team ; ( ii ) with respect to supply of Products or chemicals and enzymes purchased by a party from a third party, t he invoice price of such Products or chemicals and enzymes to the purchasing party ; and ( iii ) with respect to the supply of Pro ducts or chemicals and enzymes manufactured by a party, the fully burdened, fairly allocated internal costs of the supplying party in connection with the manufacture, testing and storage of such reagen ts or Products, including reasonable and customary allocations of overhead expense and charges in the nature of depreciation a nd amortization of capitalized cost, and out - of - poc ket expenses, to the extent any of the foregoing shall have been incurre d by the respective party in accordance with United States generally accepted accounting principles, consistently applie d by such party