definiens: means, with respect to a Licensed Product, the gr oss amount invoiced by Tarsus ( including a Tarsus Affiliate ) or any sublicensee t hereof to unrelated Third Parties, excluding any su blicensee, for such Licensed Product in the Territory during t he Royalty Term in the country of sale, less the fo llowing items applied consistent with U.S. Generally Accept ed Accounting Principles : ( a ) Trade, quantity and cash discounts allowed ; 3 ( b ) Discounts, refunds, rebates, chargebacks, retro active price adjustments, and any other allowances which effectively reduce the net selling price ; ( c ) Licensed Product returns and allowances ; ( d ) That portion of the sales value associated with drug delivery systems, where applicable ; ( e ) Any tax imposed on the production, sale, delive ry or use of the Licensed Product, including, without limitation, sales, use, excise or value add ed taxes ; ( f ) Wholesaler inventory management fees ; ( g ) Allowance for distribution expenses ; and ( h ) Any other similar and customary deductions whic h are in accordance with GAAP