definiens: shall mean all monies and equivalent go ods and services actually received by AVS or its sublicensees from the manufacture, use, sale, lease or other commercial exploitation of Lic ensed Products less the following : ( a ) any credits or refunds actually granted to customer s for the return of Licensed Products that were previously sold ; ( b ) any separately identified sales, use, excise or sim ilar taxes and custom duties or other governmental charges imposed upon the importation o r sales of Licensed Products or except for taxes on income ; ( c ) any separately identified charges for transportatio n, packing, insurance, shipping or handling which are directly associated with sales of License d Products ; and ( d ) in the event that AVS is required to pay a royalty to an unrelated third party in order to make, use or sell a Licensed Product, such amounts actual ly paid to such third party ; provided, however, in no event shall the reduction due to royalties paid to other parties exceed * * * * * * of the amount as calculated prior to such reduction