definiens: means with respect to any period, the total amount invoiced for all sales of the Product made byBiocon less the following deductions : ( i ) normal and customary trade and quantity discounts actually given;(ii ) freight costs and, insurance charges on shipment at distributor location by [COMPANY] to customers andother transportation expenses inside the Territory ; ( iii ) governmental sales, value - added or excise taxes, tariffs and duties, and other taxes directly related to the sale of Product ; all to the extent that such items areincluded in the gross invoice price whether or not specified on the invoice ( but not including taxes assessedagainst the income derived from such sale ) ; ( iv ) allowances, credits, chargebacks and refunds granted onaccount of rejection, return or price reduction of the Product, if actually allowed to and taken by thecustomer ; and ( v ) customary rebates, refunds by [COMPANY] to customers for recalled Product ( as moreparticularly set forth below ) and price reductions / adjustments, if actually allowed to and taken by thecustomer ( vi ) provisions for expiries, as customarily made and provided for by [COMPANY]