definiens: means the gross amounts invoiced by [COMPANY], its Affiliates or its Sublicensees toThird Parties that are not Sublicensees for a bona fide arms ’ length sale of Licensed Product, less the followingdeductions, determined in each case in accordance with [COMPANY] ’s standard methods as generally andconsistently applied by Regeneron:(a ) normal and customary trade, cash, quantity and free - goods allowances granted and taken directly withrespect to sales of such Licensed Product;(b ) amounts repaid or credited with respect to such Licensed Product by reason of defects, rejections, recalls, returns, rebates, allowances and billing errors;(c ) chargebacks and other amounts paid on sale or dispensing of such Licensed Product;(d ) Third Party cash rebates and chargebacks related to sales of such Licensed Product, to the extentallowed ; 8(e ) retroactive price reductions for such Licensed Product that are actually allowed or granted;(f ) compulsory refunds, credits and rebates directly related to the sale of such Licensed Product, accrued, paid or deducted pursuant to agreements ( including managed care agreements ) or governmental regulations;(g ) [ * * ] ; ( h ) freight, postage, shipment and insurance costs ( or wholesaler fees in lieu of those costs ) and customsduties incurred in delivering such Licensed Product that are separately identified on the invoice or otherdocumentation;(i ) sales Taxes, duties, or other consumption Taxes and compulsory payments to GovernmentalAuthorities or other governmental charges imposed on the sale of such Licensed Product, which are separatelyidentified on the invoice or other documentation;(j ) fees related to import, distribution or promotion of Licensed Products paid to Third Parties ( specificallyexcluding any compensation paid to sales personnel, sales representatives and sales agents who are employees orconsultants of [COMPANY] or its Affiliates or any Sublicensees and also any payments made to or in connection withcontract sales forces);(k ) [ * * ] ; and(l ) any other specifically identifiable costs or charges included in the gross invoiced sales price of suchLicensed Product falling within categories substantially equivalent to those listed above and ultimately credited tocustomers or a Governmental Authority or agency thereof