definiens: means ( a ) upfront fees, milestone payments, royalties or similarpayments actually received from and after the Milestone Start Date by the Company or any of its Subsidiaries withrespect to any Staccato - Based Marketed Product under any license, collaboration or substantively equivalentagreement between or among the Company or any of its Subsidiaries on the one hand, and any third party on theother hand, granting to such third party a license to develop and/or commercialize and/or manufacture and/or sell(other than, in the case of supply of Staccato - Based Marketed Product to a licensee or commercializing party or anyof their respective Affiliates or sublicensees for which the sales of such licensee or commercializing party or Affiliatesor sublicensees are already included under this definition ) a Staccato - Based Marketed Product, which for clarityincludes any and all fees, royalties, milestones or similar payments received, after the first regulatory approval tomarket or sell in any country for such Staccato - Based Marketed Products by independent third parties regardless ofwhether such payment is for subsequent development or commercialization, less ( b ) Taxes . By way of example, andwithout limitation, if a Staccato - Based Marketed Product is approved in the United States ( e.g