definiens: shall mean the gross invoice price for Product sold by [COMPANY] or its Affiliates or their Sublicensees to a non - Affiliate third party customer less the reasonable and custo mary accrual - basis deductions from such gross amounts for : ( i ) normal and customary trade, cash and other discount s, allowances and credits actually allowed and taken d irectly with respect to sales of Product ; ( ii ) cred its or allowances actually granted for damaged goods, retu rns or rejections of Product ; ( iii ) sales taxes or similar taxes ( including duties or other governmental charges lev ied on, absorbed or otherwise imposed directly on t he sales of Product, including, without limitation, value ad ded taxes or other governmental charges otherwise m easured by the billing amount ) which are included in billin g amount, and excluding any taxes imposed on or mea sured by the net income or profits of the selling party ; ( iv ) charge back payments and rebates granted to trade customers, including but not limited to, wholesalers ; ( v ) pack aging, handling fees, freight, insurance and the li ke, provided that amounts deducted under this subsection ( v ) sha ll not exceed [ … * * * … ] of Net Sales and ( vi ) actual uncollectible accounts, up to [ … * * * … ] of Net Sales