definiens: means ( a ) the sum of all revenues and payments received by, due to or billed by [COMPANY], including its subsidiaries, affiliates, employees, representatives, licensees, successors and assigns or any other company or person at the request of Biatest, for the sale of Product or Finished Product, less ( b ) any amounts paid by [COMPANY] for ( i ) discounts, customary in the trade, for quantity purchases, but excluding promotional advertising, ( ii ) refunds for damaged Product or Finished Product, ( iii ) sales, value added, excise and use taxes imposed by a governmental authority on Product or Finished Product sales, ( iv ) any government rebates, ( v ) any payments to governmental agencies located in the Territory, and ( vi ) any other similar and customary 5 December 31,2012 deduction, all determined in accordance with [COMPANY] 's revenue recognition policy and generally accepted accounting principles consistently applied . For the purposes of this paragraph, payments include the fair market value of the Product and Finished Product or any other thing or service of value which is received in lieu of cash . Further, where transfers have been made between [COMPANY] and an affiliated party, such Product and Finished Product is not deemed to have been sold until the Product or Finished Product is sold to an independent purchaser, in an arm 's length transaction between unrelated par6es . In no event shall the Revenues associated with a particular transaction or series of transactions be less than the fair market value of [COMPANY] 's contribution to the transaction or series of transactions . Nothing in this paragraph shall be construed as expanding, or limiting the limitations on, the scope of this Agreement