definiens: : shall mean the revenues received in consideration for the licenses of an Ix Product by Incyte or SB as the case may be ( the Selling Party ), less any of the following charges or expenses, to the extent each is actually incurred ( and not otherwise recovered ) and does not exceed the reasonable and customary amount for such item in the market in which such license occurred ; ( a ) credits, allowances and rebates to, and chargebacks from the account of, such customers for damaged or returned Ix Product ; ( b ) actual freight and insurance costs ' incurred by the Selling Party in transporting the Ix Product to such customers ; ( c ) trade discounts, cash discounts, quantity discounts, rebates and other price reduction programs ; ( d ) sales, value - added and other direct taxes paid by the Selling Party ; ( e ) customs duties, surcbarges and other goverruneotal charges incurred in connection with the exportation or importation of the Ix Product ; Cf ) any other similar, reasonable and customary deductions paid or incurred by the Selling Party which are appropriately deducted from revenues, If the Ix Product is licensed in combination with other Product(s ), the Net Ix Revenues attributable to the Ix Product shall be detennined by prorating the revenues received from the combination products according to the fees or values established by the SeIling Party for the separate Product(s ) contained in the 10 combination product . whether or not such Product(s ) are licensed separately, provided that such fees or values are reasonably related to the or value potentials of the separate Product(s ) and are consistent with fees customarily charged in the industry for comparable products