definiens: means with respect to any Product, the gross amounts recognized by Licensee, itsSublicensees or its Affiliates from Third Party customers for sales of a Product in the Territory, less the followingdeductions made by Licensee ( to the extent not already taken by Licensee in the Product invoice or in amountsrecognized ), its Sublicensees or its Affiliates in arriving at net sales as reported in the Licensee statutory accountsprepared in accordance with IFRS : ( a ) actual credited allowances to such Third Party customers for spoiled, damaged, rejected, recalled, outdated and returned Product and for retroactive price reductions ; ( b ) the amounts of trade and cash discounts actually granted to Third Party customers, to theextent such trade and cash discounts are specifically allowed on account of the purchase of such Product ; ( c ) sales taxes, excise taxes and import / export duties actually due or incurred in connection withthe sales of a Product to any Third Party customer ; ( d ) allowances, adjustments, reimbursements, discounts, chargebacks and rebates actually grantedto Third Party customers ( not in excess of the selling price per unit of such Product ) ; ( e ) other deductions from gross sales made in arriving at net sales as reported in the Licenseestatutory accounts ; and ( f ) allowance for transportation costs, distribution expenses, special packaging and relatedinsurance charges in the amount of one and * * * * * * ( * * * ) of the Net Sales calculated after applying the deductions ofitems ( a)-(e ) above