definiens: means the amount invoiced by [COMPANY], its Affiliates or its sublicensees on account of sales of Finished Product to Third Parties in the Territorv, less reasonable and customary deductions actually applied to the Products for : . ( b ) fees paid to [COMPANY] 's distributors . consignees or agents in connection with the sale of Products ; ( c ) rebates and premiums granted or allowed, and actually taken, in connection with the sale of Products : ( d ) quantity discounts, cash discounts or chargebacks granted and actually taken in connection with the sale of Products : and ( f ) provisions for price reductions by governmental authorities : CONFIDENTIAL TREATMENT 5 RAlSC/4v2704 - 1 Products shall be deemed sold or disposed of at the time that [COMPANY] . its Affiliates or its sublicensees invoice or receive payment for such Products . whichever event occurs first