definiens: means all amounts received by, at the direction of or on behalf of Praxis or any Sub - Licensee(or any Related Corporation of either of them ) in connection with the ANU Intellectual Property orProducts or Process less : a ) transport and insurance related charges actually allowed and taken ; b ) trade, quantity or cash discounts or rebates actually allowed and taken ; c ) credits or allowances given or made on account of price adjustments, recalls or destructionrequested or made by an appropriate government agency ; and d ) any Tax, excise or other government charge upon or measured by the sale, transportation, delivery or use of the Product which is actually incurred by the seller ; but does not include any amount in respect of which a royalty has been fully paid by Praxis to [COMPANY] underclause 3 and which shall be calculated without any deduction for amounts referable to any research ordevelopment undertaken by Praxis or any Sub - Licensee ( or any Related Corporation of either of them ) ofANU, including for example pre - clinical research and clinical studies and where applicable in accordance withclause 5 ( GST )