definiens: shall mean all revenues recognized in accordance with U.S. generally accepted accounting principles ( GAAP ) consistently applied, which are received from sales or transfers of a Product by [COMPANY] or a Sublicensee of [COMPANY] to a non - Sublicensee Third Party for which a Royalty is then due from [COMPANY] or a Sublicensee of [COMPANY] ( but not including sales relating to transactions between [COMPANY] Inc. and [COMPANY] Affiliates, and their respective Sublicensees ), less returns and allowances ( actually paid or allowed, including but not limited to, prompt payment and volume discounts, price reductions, rebates, chargebacks from customers or wholesalers, other allowances granted to customers or wholesalers and payments to government agencies, whether in cash or trade ), bad debt, freight, shipping, packing, insurance, rebates, and sales and other taxes based on sales prices when included in gross sales, but not including taxes when assessed on income derived from such sales . [COMPANY] shall not sell Product(s ) in a with other [COMPANY] products in a manner that would violate applicable laws in the Territory