DISTRIBUTION MARGIN/PROFIT definition
DISTRIBUTION MARGIN/PROFIT means a Party's Joint Product Net Sales minus (i) the Standard Cost of Goods Sold and (ii) the Distribution Expenses. Distribution Margin/Profit shall be calculated separately for (i) the U.S. Territory and (ii) the ROW Territory; or, if applicable, for (i) the U.S. Territory, (ii) the Co-Promotion Territory, and (iii) the ROW Minus the Co-Promotion Territory.