definiens: means the gross amount invoiced by [COMPANY] and it s Affiliates and Sublicensees ( the ) to Third Parties for the sales of Licensed Produ cts in the Field and in the Territory . To the extent that the gross amounts invoiced by the Selli ng Party for such sales of Licensed Products do not already reflect deductions or exclusions of the following a mounts, the following may be deducted in calculatio n of Net Sales, to the extent such deductions are at rates c ustomary within the industry : ( a ) trade, quantity and cash discounts, r ebates, chargebacks and price adjustments or reduct ions allowed to be and actually taken by the Third Party ’s customer s ; ( b ) allowances or credits to any of its c ustomers granted by the Selling Party on account of price adjustments or billing errors for Licensed Products, and for Licensed Products which are rejected, dam aged, defective, outdated or returned ; ( c ) sales taxes and other direct taxes ( e xcluding franchise or income taxes ) included as a s pecific line item in an invoice, to the extent imposed upon and paid directly with respect to the sales price, but exclu ding taxes not actually incurred by the Selling Party or that are reimbursable, refundable or creditable to the Selli ng Party ; and ( d ) reasonable and customary freight, shi pping, insurance and other transportation expenses, to the extent included as a specific line item in an invoice and directly related to the sale of Licensed Products