definiens: means, with respect to a Product, the gross amount invoiced by [COMPANY] ( including an Affiliate and/or sublicensee of [COMPANY] ) to Third Persons, for the Product in the Territory, less : ( a ) ( b ) ( c ) ( d ) ( e ) ( f ) ( g ) Trade, quantity and cash discounts allowed ; Commissions, discounts, refunds, rebates, chargebacks, retroactive price adjustments, and any other customary allowances paid to Third Persons which effectively reduce the net selling price ; Actual Product returns and allowances ; That portion of the sales value associated with non - phannaceutical drug delivery devices other than Generex 's Standard Device ; That portion of the invoice amount that represents any tax imposed on the production, sale, delivery or use of the Product, including, without limitation, sales, use, excise or value added taxes ; 1 : :3 Allowance for actual distribution expenses not to excee ~ o ( 2 ) percen and Any other similar and customary deduction from Net Sales provided that such deduction is in accordance with u. S. GAAP, or mutually agreed to, in writing, by the Parties