definiens: means the gross revenues received by Licensee or any sublicensee(s ) or Affiliate(s ) from sales, leases, orother transfers of Licensed Products or Licensed Processes, less the sum of the following : sales discounts actually granted andtaken ; sales or use taxes actually paid ; import or export duties actually paid ; outbound transportation expenses actuallyprepaid or actually allowed ; and amounts actually allowed or credited due to returns ( not exceeding the original billing orinvoice amount ), all as recorded by Licensee in Licensee ’s official books and records in accordance with generally acceptedaccounting practices and consistent with Licensee ’s financial statements and regulatory filings with the United StatesSecurities and Exchange Commission, if any . No deductions shall be made for commissions paid to individuals, whether theybe with independent sales agencies or regularly employed by and on the payroll of Licensee or sublicensees, or for the cost ofcollections