definiens: means the gross invoiced amount on sales of the Licensed Compounds or Licensed Products by [COMPANY] and its Affiliates to Third Parties ( including Distributors, but excluding Sublicensees ) less the total of following deductions to the extent actually incurred : ( a ) normal and customary trade, quantity and prompt settlement discounts ( including chargebacks and allowances ) actually allowed and not otherwise deducted from the amount invoiced ; 12 CONFIDENTIAL TREATMENT REQUESTED ( b ) amounts repaid or credited by reason of rejection, returns or recalls of goods, rebates, bona fide price reductions and amounts written offby reason of uncollectible debt, in all cases as determined by [COMPANY] or its Affiliates in good faith ; ( c ) rebates and similar payments made with respect to sales paid for by any governmental or Regulatory Authority such as, by way of illustration and not in limitation of the Parties ' rights hereunder, federal or state Medicaid, Medicare or similar state program in the United States or equivalent governmental program in any other country ; ( d ) excise taxes, Indirect Taxes, customs duties, customs levies and import fees imposed on the sale, importation, use and/or distribution of the Licensed Compounds or Licensed Products actually invoiced ; ( e ) reasonable and customary transportation costs, distribution expenses, special packaging and related insurance charges actually invoiced, excluding commissions and fees paid to Third Party distributors ; and ( f ) any other similar deductions that are actually credited to the customer and are consistent with generally accepted accounting principles, or in the case of non - United States sales, other applicable accounting standards