definiens: shall mean the gross amount billed by COMPANY and its AFFILIATES and SUBLICENSEES for LICENSED PRODUCTS and LICENSED PRO CESSES, less the following : ( i ) customary trade, quantity, or cash discounts to the extent actually allowed and taken ; ( ii ) amounts repaid or credited by reason of reject ion or return ; ( iii ) to the extent separately stated on purchase o rders, invoices, or other documents of sale, any taxes or other governmental charges levied on the p roduction, sale, transportation, delivery, or use o f a LICENSED PRODUCT or LICENSED PROCESS which is paid by or on behalf of COMPANY ; and ( iv ) outbound transportation costs prepaid or allow ed and costs of insurance in transit No deductions shall be made for commissions paid to individuals whether they be with independent sales agencies or regularly employed by COMPANY and on its payroll, or for cost of collect ions