definiens: shall mean the gross amount invoiced by Company or Affiliates to third parties, which are notSublicensee(s ), from sales of Licensed Products in an arm ’s length transaction, less ( i ) discounts allowed in amountscustomary in the trade for quantity purchases, cash payments, or prompt payments, to wholesalers and distributors ; ( ii)sales, tariff duties and/or use taxes directly imposed and with reference to particular sales, including VAT ; ( iii ) outboundtransportation prepaid or allowed, amounts allowed or credited on returns, export licenses, import duties, and prepaidfreight ; ( iv ) amounts not actually collected by reason of rejection, return of goods, and retroactive price reductions ; and(iv ) Third Party Royalties . No deductions shall be made for commissions paid to individuals whether they are withindependent sales agencies or regularly employed by Company and on its payroll or for cost of collections . In the eventof sales not made at, Net Sales shall be calculated in accordance with arm ’s length prices determined bycurrent market conditions . Yissum will have to establish that sales are not made at arm ’s length on the basis ofadequate documentary evidence . Net Sales occur when a Licensed Product is invoiced . Notwithstanding theimmediately preceding sentence, distribution or sales of Licensed Products by Company to its Affiliates shall not bedeemed to be Net Sales unless such Affiliate is the final end user of such Licensed Products