definiens: shall mean that an overinvestment in one calendar year can becarried forward into the next three following years and an underinvestment in one calendar year can be compensatedwith overinvestments in any of the three preceding calendar years without leading to a material breach by ChinaCompany . In the subsequent Years until such time as China Company has achieved sales of the Licensed Productwithin the Field in excess of US$ [ * * ], China Company commits ( i ) to interact closely and work diligently with theChinese regulatory agencies to identify the fastest way to market in the PRC and provide Argos with access to thisregulatory dialogue ; ( ii ) to initiate and run clinical studies in the indications for which Argos or its Related Parties havereceived regulatory approval ; ( iii ) to provide the required budget for the studies to be executed in a highly professionaland time efficient way ; and ( v ) to initiate pre - marketing and preparation work