definiens: means the gross amounts invoiced b y ( i ) Inspire, any of its Affiliates or any of its sublicensees for sales of Inspire Licensed Products to Third Par ties or ( ii ) Faes, any of its Affiliates or any of its sublicensees for sales of Faes Licensed Ophthalmic Products to T hird Parties, less the total of the following deduc tions to the extent actually allowed or incurred in connection w ith such sales : ( a ) reasonable and customary trade, cash and quanti ty discounts off the invoiced price ; ( b ) excise, sales and other consumption taxes and c ustom duties to the extent included in the invoice price ; ( c ) freight, insurance and other transportation cha rges to the extent included in the invoice price ; ( d ) amounts repaid, credited or accrued, or allowan ces or adjustments made, by reason of returns, rejections, or recalls, or because of chargebacks, retroactive price reductions, or billing errors ; 8 * [ NOTE : CERTAIN PORTIONS OF THIS DOCUMENT HAVE BEEN MARKED TO INDICATE THAT CONFIDENTIAL INFORMATION HAS BEEN OMITTED . CON FIDENTIAL TREATMENT HAS BEEN REQUESTED FOR THIS CONFIDENTIAL INFORMATIO N. THE CONFIDENTIAL PORTIONS HAVE BEEN PROVIDED SEPARATELY TO THE SECUR ITIES AND EXCHANGE COMMISSION . ] ( e ) reasonable and customary rebates and chargeback s to pharmacy benefit managers, federal, state, or local governments ( or their agencies or purchasers ), and managed health organizations ( including witho ut limitation Medicaid rebates ) ; and ( f ) any amounts actually written off or specificall y identified as uncollectible in accordance with GA AP ; solely to the extent the above deductions are taken in accordance with GAAP applicable to the particul ar Party