definiens: shall mean the gross invo ice price of Licensed Product sold by [COMPANY], its Af filiates or sublicensees ( which term does not include distribut ors ) to the first independent third party after ded ucting, if not previously deducted, in the amount invoiced or rece ived : ( a ) trade and quantity discounts ; ( b ) returns, rebates and allowances ; ( c ) chargebacks and other amounts paid on sale or d ispensing of Licensed Product ; ( d ) retroactive price reductions that are actually allowed or granted ; ( e ) sales commissions paid to distributors and/or s elling agents but not the actual sales force ; ( f ) a fixed amount equal to five percent ( 5 % ) of th e gross invoice price to cover bad debt, sales or e xcise taxes, transportation and insurance charges and additional special transportation, custom duties, and other governmental charges ; ( g ) standard inventory cost of devices or delivery systems other than syringes used for dispensing or administering Licensed Product which accompany Lice nsed Product as it is sold