definiens: shall mean with respect to any ROYALTY BEARING PRODUCT the invoiced sales price of such ROYALTY BEARING PRODUCT by LOXO, its C ~ jJ AFFILIATES or any of their licensees, distributors or co - marketers less ( i ) quantity or cash ( .... v / J discounts actually allowed or taken ; ( ii ) freight . postage and insurance invoiced to the customer ; ( iii ) custom duties and taxes directly related to the sale ; ( iv ) amounts repaid or credited by reason of rejections . return of goods . retroactive price reduction and a reasonable allowance for bad debt 4 with respect to such ROYALTY BEARING PRODUCT ; ( v ) charges incurred in connection with the exportation or importation of such ROYALTY BEARING PRODUCT, in final form to the extent separately invoiced ; ( vi ) liabilities incurred resulting from any Governmental ( or Agency thereof ) mandated rebate program, whether Federal . State . Municipal or Local ; and ( vii ) third party rebates and chargebacks to the extent actually allowed