definiens: shall mean the gross invoice price ( not including value added taxes, sales taxes, or similar taxes ) of Licensed Product sold by Aligos or its Affiliates or Sublicensees to the first third party after deducting, if not previously deducted, from the amount invoiced or received : ( a ) customary trade, cash, and quantity discounts actually allowed and taken other than early payment cash discounts ; ( b ) credits actually given for : rejected or returned products, rebates granted to customers including managed health care or governmental organizations, chargebacks ; ( c ) retroactive price reductions that are actually allowed or granted ; ( d ) deducti ons actually incurred for : Health Care Reform fees and similar deductions to gross invoice price of Licensed Product imposed by regulatory authorities or other governmental entities ; ( e ) sales commissions paid to third party distributors and/or selling agents ; ( f ) an amount to cover bad debt actually incurred, early payment cash discounts, transportation and insurance and custom duties, if actually paid ; and ( g ) the standard in ventory cost of devices or delivery systems used for dispensing or administering Licensed Product