definiens: means the gross invoice price of Product sold by MERCK or its Related Parties to the first Third Party afterdeducting, if not previously deducted, from the amount invoiced or received : ( a)trade and quantity discounts other than early pay cash discounts ; ( b)returns, rebates, chargebacks and other allowances ; ( c)retroactive price reductions that are actually allowed or granted ; ( d)sales commissions paid to Third Party distributors and/or selling agents outside of Major Markets ; ( e)a fixed amount equal to [ * * ] percent ( [ * * ] % ) of the amount invoiced to cover bad debt, sales or excise taxes, earlypayment cash discounts, transportation and insurance, custom duties, and other governmental charges ; and ( f)MERCK ’s standard inventory cost of devices or delivery systems provided by MERCK for the dispensing oradministering Product