definiens: means the gross price billed or invoiced on sales of the Licensed Product by Zai, its Affiliates, or Sublicensees for sale of the License d Product to a Third Party in the Territory, less : ( a ) freight expense ( actual ), including insurance, to the extent it is not charged to or reimbursed by the customer, [ * ] ; ( b ) cash, trade or quantity discounts actually gran ted and deducted solely on account of sales of the Licensed Product ; ( c ) rebates actually paid to individual or group pu rchasers of the Licensed Product that are solely on account of the purchase of such Licensed Product ; ( d ) credits issued for the Licensed Product recalle d or not accepted by customers or other refunds, allowances and chargebacks related to the Licensed Product ; ( e ) Taxes ( including, but not limited to sales, val ue added, consumption and similar taxes ; but excluding income taxes ) actually incurred, paid or collected and remitted to the relevant tax authorit y for the sale of the Licensed Product ; and ( f ) other similar or customary deductions taken in the ordinary course of business or in accordance with GAAP ; Each of the amounts set forth above will be determi ned from the books and records of Zai, its Affiliat e or Sublicensee, maintained in accordance with GAAP or in the case of Sublicensees, such similar accountin g principles, consistently applied