definiens: means, with respect to a Product : The gross amount invoiced for sales of Products by [COMPANY] or its sublicensees to third persons ( excluding [COMPANY] 's sublicensees ) . less : ( i ) trade, quantity and cash discounts and rebates and retroactive price reductions or allowances acrually granted from the billed amount ; 2 ( ii ) credits or allowances actually granted upon claims, rejections or returns of such sales of Products, including recalls ; ( iii ) prepaid transportation insurance premiums and prepaid outbound transportation expenses ; ( iv ) taxes imposed on the production, saJe, delivery or use of Products ( including, without limitation, sales, use, excise or value added taxes but excluding income taxes ), duties or other governmental cbarges levied on or measured by lhe billing amount when included in billing, as adjusted for rebates and refunds : and ( v ) a provision for uncollectible accounts detennined in accordance with [COMPANY] or its sublicensees ' normal accounting procedures consistently applied within and across its / their pharmaceutical operating units