definiens: shall mean the gross consid eration actually received or collected by NewLink and/or any Affiliate from the transfer, sal e or other commercial distribution of any Licensed Product to a third party customer, less : ( 1 ) revenue credited or rebated on returns and allowanc es, and bad debts ; 2 ( 2 ) discounts, in amounts customary in the trade and to the extent actually g ranted, for quantity purchases, for prompt payments and for who lesalers and distributors ; ( 3 ) transportation, shipping, insurance and delivery ch arges or allowances ; ( 4 ) customs, duties ; ( 5 ) sales, use, excise, value - added and other taxes ( ot her than the taxes on the income of the selling party or NewLink ) or other governmental charges measured by sales ; ( 6 ) governmental and managed care rebates or chargeback s to the extent actually incurred or allowed with respect to Licensed Product sold during the re levant time period to group purchasing organizations, hospitals, or other buying groups ; and ( 7 ) retroactive price reductions that are actually allo we d or granted