definiens: shall mean ( a ) the gross invoice price of Royalty Products sold by [COMPANY] or its Related Parties to aThird Party ; provided, that such Third Party is an end - user of such Royalty Product or a Third Party which purchases RoyaltyProduct(s ) ( whether in packaged form or bulk form ) from [COMPANY] or its Related Party and resells such Royalty Product(s ) toThird Parties in a manner consistent with normal trade practices in the Agricultural Field ; less ( b ) the following items:(i ) deductions actually incurred, allowed, paid, accrued or specifically allocated in financial statements in accordance withgenerally accepted accounting principles, in preparing and utilizing distribution channels for a Royalty Product ( includingproduct returns, customer rebates, dealer incentives, volume discounts, seed service fees, cash discounts ( pre - pay discounts),(ii ) local competitive response, transportation or cargo insurance, taxes, duties or other governmental tariffs ( other thanincome taxes ), ( iii ) government - mandated rebates, and ( iv)a reasonable reserve for bad debts, ( and some of which, by way of example, are currently identified as and ) in all cases allocated to such Royalty Products in accordance with generally accepted accountingprinciples and methodologies established by [COMPANY] or its Related Party, as the case may be, and that are consistentlyapplied by such party across all of such party ’s products ; provided, that such methodologies may be amended from time totime, upon notice to [COMPANY] to reflect general changes to such party ’s methodologies, which changes are consistently appliedby such selling party across of such party ’s products and which changes are made in the ordinary course of such party’sbusiness