definiens: means the gross amount billed by COMPAN Y and its AFFILIATES and SUBLICENSEES for LICENSED PRODUCTS to a third party who is neither COMPANY, an AFFILIATE nor SUBLICENSEE, less the following : ( i ) customary trade, quantity, cash or other discounts to the extent actually allowed and taken ; ( ii ) amounts repaid or credited by reason of rejection o r return, charge - backs or rebates ; ( iii ) to the extent separately stated on purchase orders, invoices, or other documents of sale, any taxes or other governmental charges levie d on the production, sale, transportation, delivery, or use of a LICENSED PROD UCT which is paid by or on behalf of COMPANY or any AFFILIATE or SUBLICENSEE ; ( iv ) outbound transportation costs prepaid or allowed an d costs of insurance in transit ; ( v ) discounts, rebates or other payments required by la w to be made under Medicaid, Medicare or other governmental special medical assi stance programs, to the extent actually allowed and taken