Meaning of Sale. For purposes of Section 2.3, a "sale" occurs on the date any such item described above is shipped by Licensee to its customers or, if directly shipped from the factory to a customer, when the shipment has successfully cleared customs in the applicable country of receipt. For purposes of Section 2.3(c)(ii) specifically, a "sale" occurs on the date the Licensee receives revenues from any such licensee.
Meaning of Sale. As used herein, a "sale" includes a license and a purchase of a Product includes a licensing arrangement; where applicable, use of such terminology will not be deemed to waive, impair, or otherwise affect the intellectual property rights of MSP, Microsoft or Merchant.
