Product Revenues

Product Revenues. As to any Performance Period, the Company's or a business unit's sales, royalties, license fees, milestones and related-party revenues, determined in accordance with generally accepted accounting principles

Product Revenues. Shall mean Net Sales of Products by CombinatoRx and its Affiliates, plus all royalties, license fees, milestone payments, annual maintenance fee or similar payment or consideration paid by a Licensee to CombinatoRx or its Affiliates in consideration for the grant by CombinatoRx or its Affiliate of a license to develop, make, have made, use, distribute for sale, promote, market, offer for sale, sell, have sold, import or export Drug Candidates or Products (with any of the foregoing consideration... received by CombinatoRx other than in the form of cash to be valued as its fair market value as of the date of receipt); PROVIDED, HOWEVER, that "Product Revenues" shall in any event exclude any funds paid to directly 3. support research and/or development actually being performed by CombinatoRx or its Affiliates (in amounts that are commercially reasonable in light of the research and/or development services being performed), and payments for equity or debt securities of CombinatoRx or its Affiliates (except to the extent such payments exceed the fair market value of such securities upon date of receipt, in which event such excess over fair market value shall be included in the calculation of Product Revenues). View More