definiens: means the aggregate amounts invoiced on sales of Products to any third party, net of normal and customary trade and quantity discounts ( excluding free samples ) actually given at the time of sale including any normal and customary discount s provided to managed healthcare organizations, and net of any returns or allowances given to such third parties for defective Product . For the avoida nce of doubt, Net Sales shall not include any amounts i nvoiced by TEAMM to a customer for sales, use, or value added taxes, . Product will be considered sold when firm written orders are received, invoiced, billed out, or when delivered and paid for, or paid for before delivery, whichever first occurs . In th e event that TEAMM sells Product as part of a bundled sale of separate products, the Net Sales attributable to such Product shall be the higher of ( i ) the separately stated prices stated for such P roduct sold in such bundled sale or ( ii ) the average price at which such Product is sold in a non - bundled sal e during the Quarter