definiens: shall mean:(i ) the gross amount billed or invoiced, or if no such bill or invoice is issued the amount received, whichever is greatest, by Company and its Affiliates and Sublicensees for or on account of Sales ofProducts and Processes;(ii ) less the following amounts:(A ) to the extent separately stated on the bill or invoice, actually paid by Company and itsAffiliates and Sublicensees in effecting such Sale:1 . amounts repaid or credited by reason of rejection or return of applicable Products orProcesses;2 . reasonable and customary trade, quantity or cash rebates or discounts to the extentallowed and taken;3 . amounts for outbound transportation, insurance, handling and shipping, but only to theextent separately invoiced in a manner that clearly specifies the charges applicable to theapplicable Products ; and4 . taxes, customs duties and other governmental charges levied on or measured by Sales ofProducts or Processes, to the extent separately invoiced, whether paid by or on behalf ofCompany so long as Company ’s price is reduced thereby, but not franchise or income taxes ofany kind whatsoever