definiens: means, with respect to a given period of time, the gross amount invoiced by [COMPANY], its Affiliates, or ( sub)licensees to un related Third Party purchasers for the sale or dist ribution of a particular product or service, less the following d eductions and offsets, actually incurred, allowed, accrued, specifically allocated and/or taken in connection w ith such sale or distribution, to the extent that s uch deductions or offsets are not recovered by or reimbursed to th e selling party or its affiliates : ( a ) credits for trade, cash and quantity disc ounts as are customary in the trade ; ( b ) amounts repaid or credited by reason of r ejections, recalls, destruction or returns, or because of rebates or chargebacks, in each case not in excess of the selling price of the applicable p roduct or service ; ( c ) sales taxes and other governmental charge s ( including value added tax, but solely to the extent not otherwise creditable or reimbursed ) actu ally paid in connection with the sale ( but excludin g what is commonly known as income taxes ) ; ( d ) insurance incident to transportation, and transportation and shipping costs ( not to exceed, in the aggregate, 2.5 % of the gross amount invoiced ) ; and ( e ) sales commissions ( not to exceed, in the aggregate, 5 % of the gross amount invoiced )