definiens: means the gross amounts received by ASLAN, its Affiliates and Sublicensees, and their affiliates andsublicensees ( as applicable, ), for Products sold by such Selling Party under this Agreement, in arm’slength sales to Third Parties, less : ( a)customary trade, quantity or prompt settlement discounts ( including chargebacks and allowances ) actuallyallowed ; ( b)amounts repaid or credited by reason of rejection, returns or recalls of goods ; ( c)mandatory rebates and similar payments made with respect to sales paid for by any governmental orregulatory authority ; ( d)sales, excise, turnover, inventory, value - added, indirect and any other tax of a similar nature assessed onthe sale of Products, as well as customs duties, customs levies and 14 Deed of Amendment and RestatementLicense Agreement import fees imposed on the sale, importation, use or distribution of Products ; but only to the extent thatsuch items are included in the gross invoice price of that Product and actually borne by the Selling Partywithout reimbursement from any Third Party ; and ( e)any other similar and customary deductions, provided that such discounts and deductions are consistentwith generally accepted international accounting principles that the Selling Party customarily apply withrespect to its own portfolio of similar market potential at a similar stage in development or product life in theField and that such discounts and deductions given are commercially reasonable, product specific and aregiven in the interest of increasing overall revenues of the Products