definiens: means the actual amount invoiced for PRODUCT sold less ( a ) s.tandard Quantity discounts actually allowed and taken in such amounts as are customarv in the trade ; ( b ) commissions Qr rebates paid Qr allowed to dis.tributors and agents who are independent THIRD PARTIES ; ( c ) amounts repaid or credited by reason of timely rejectjQn returns or retroaGtive priQ~ reductions ; ( d ) l@nsDOrtatjoo . insurance and delivervcharoes, ( to the extent separately stated on the invoice and billed to the purchaser ) ; ( e ) applicabte taxes ( other than franchise or iocome taxes on the incQme of EYETECH ) and other custQrns and duties assessed directly on sales of the PRODUCT to the extent identified specifically on the invoice, ( f ) cost of Insurance billed to and paid by THIRD PARTY purchasers, provided that where the PRODUCT is : 1.17.1 . sold by EYETECH at a price less than what would have been Qbtained in an arms lenath transaction ; or 1.17.2 . sold to any AFFILIATE of EYETECH ; the NET INVOICED SALES amount of each such PRODUCT shall be ! teemed to be th@ price at whjch the PRODUCT would have been SQld in an arms lengtb transactiQo . For sales made by SUBLICENSEES of EYETECH, the NET INVOICED SALES amount shall be deemed to be the actual invoice priq~ of the eRODUCT at which sQjs : i SUBUCE~§e~ § lells the PRODUCT, which shall also be subject to Sections 1.17.1 and 1.17.2