definiens: shall mean, with respect to any Licensed Product, the invoiced sales price of such Licensed Productbilled by a party or its sublicensees, to its customers in the Territory who are not sublicensees of such party, less ( tothe extent included in the invoiced sales price or otherwise demonstrated with certain documentation ) the followingdeductions from such sales ( calculated in accordance with generally accepted accounting principles ): ( a)cash, trade and quantity discounts and other allowances, if any, allowed to and taken by the purchaser, ( b)sales, use, value - added and other taxes or duties or other governmental charges to be imposed on the sales ofsuch Licensed Product, ( c)amounts actually repaid or credited by reason of rejections, defects, recalls or returns or retroactive pricereductions, and ( d)rebates actually given pursuant to agreements or applicable law ( including Medicaid, Medicare and similarfederal and state programs and other government programs )