definiens: means gross amounts invoiced, deemed invoiced or otherwise received for sales of Company Products by Parent Group and anyLicensees ( each, a ), less the sum of the following, solely to the extent related to the sale of such Company Products : ( 1 ) sales, valueadded, use, excise, and similar taxes ; ( 2 ) amounts allowed or credited on returns of Company Products ; ( 3 ) freight, shipping, handling, and insurancecharges ; ( 4 ) import or export duties, tariﬀs, or similar charges incurred with respect to the import or export of Company Products into or out of anycountry ; ( 5 ) any coupons, discounts or rebates ; and ( 6 ) third party licensing fees . Such amounts shall be determined from the books and records of theSelling Party maintained in accordance with GAAP as consistently applied by the Selling Party across its operations . Parent shall cause each Licensee tomaintain all necessary books and records and to provide reports and otherwise grant access to such books and records to Parent and its Agents in orderfor Parent to satisfy its record maintenance and reporting obligations hereunder . Company Products are considered when billed out or invoiced or, in the event such Company Products are not billed out or invoiced, Products are considered when the consideration for sale of theCompany Products is received or when the Product is shipped to any third party, with or without consideration . If a sale, transfer or other disposition ofCompany Products involves consideration other than cash or is not at arm ’s length, then the Net Sales from such sale, transfer or other disposition shallbe the arm ’s length fair market value, which generally will mean the Selling Party ’s Per Unit Average Selling Price . Whenever any Company Product issold as part of a Bundled Product, the for such Company Product resulting from such sale of such Bundled Product shall be the product of ( i)the number of units of such Bundled Product sold by one or more members of Parent Group and any Licensees multiplied by ( ii ) the Per Unit AverageSelling Price of such Company Product . For the avoidance of doubt, Net Sales does not include sales of products of Parent, any Aﬃliate of Parent, or ofany other party that are not Company Products, as such term is defined above