definiens: shall mean the sales revenues rece ived by MN or any MN Affiliate from sales of Products to Third Party customers, commencing upon the date of First Commercial Sale, after deducting, in accordance with GAAP, any ( a ) credits, allowances, samples, discounts and rebates to, and chargebacks from the account of, such Third Party customers ; ( b ) freight and insurance costs ; ( c ) trade discounts, cash dis counts, quantity discounts, rebates ; ( d)retroactive price r eductions ; ( e ) recalls, credits and allowances on a ccount of returned or rejected Product, including allowance f or breakage or spoilage ; ( f ) sales, value - added and other direct taxes incurred directly in connection with the sale of Product ; ( g ) rebates, chargebacks or similar payments or credits granted to managed health care organization s, wholesalers, distributors, buying groups, health care insurance carriers, pharmacy benefit management com panies, health maintenance organizations, or other institutions or health care organizations or to any governmental or regulatory authority in respect of any state, provincial, local or federal Medicare, Medicaid or similar programs in any country in the MN Territory ; ( h ) write - offs for bad debts or allowances ; and ( i ) cus toms duties, custom broker charges and other surcha rges and governmental charges incurred in connection with th e exportation or importation of Product