definiens: means, with respect to a Product, the gross amount invoiced for any sale of such Product by a SellingPerson to a Person other than another Selling Person, less the sum of the following deductions, to the extent attributable tosuch Product and to the extent included in the invoice price or otherwise actually incurred, allowed, accrued, granted or taken(if not previously deducted from the amount invoiced ): ( i ) reasonable and customary quantity, trade and cash discounts and reasonable and customary rebatesto customers granted in the ordinary course of business ; ( ii ) amounts repaid or credited by reason of rejections or returns of such Product ( including returns ofsuch Product by reason of a recall or damaged or defective goods ) ; ( iii ) customs, duties, tariffs and other governmental charges, as well as sales, use, excise, inventory, value added, and other Taxes, related to the sale, delivery or use of such Product by the Selling Person borne by theSelling Person without reimbursement from any Third Party ( but not including taxes assessed against the incomederived from such sale ) ; ( iv ) discounts, adjustments, rebates, fees, credits, reimbursements, cash sale incentives, deductions, retroactive price reductions and chargebacks granted to managed health care organizations, healthcare institutions, other buying groups, providers of healthcare or social and welfare systems, and including government - mandatedrebates ; ( v ) postage charges, shipping materials, freight, insurance and other transportation charges ; and ( vi ) amounts previously included in Net Sales of such Product that are written - off by the relevantSelling Person as uncollectible in accordance with GAAP