definiens: means the gross invoice price for the sale, license, sublicense, or other transfer ( whether by Licensee, anyAffiliate, or sublicensee ) of Licensed Products to unrelated current and future third parties, including pharmaceuticalwholesalers, pharmacies, hospitals, or dispensing physicians, less any of the following charges or expenses():(a ) credits or allowances actually given or made for rejection, recall or return of previously sold LicensedProducts;(b ) any reasonable freight, postage, transportation, insurance, tax, or government charge, duty or assessment(including any tax such as a value added or similar tax or charge ) levied on the sale, transportation or delivery ofLicensed Products when included on the invoice or other written document for such transaction and paid by thetransferee of the Licensed Product and collectable by Licensee, its Affiliate or sub - licensee ; and(c ) Licensee ’s actual costs incurred in its conduct of pre - clinical studies, clinical studies and preparation formanufacturing, such costs not to exceed eight million dollars ( $ 8,000,000 )