definiens: means, with respect to the Product, the gross amount invoiced by KHK or its Affiliates orSublicensees for sales or other disposition of the Product in the Territory, less deductions for : ( a ) transportationcharges, including insurance actually paid ; ( b ) sales and excise taxes and duties and tariffs paid or allowed by aselling party and any other governmental charges imposed upon the production, inspection, use or sale of theProduct ; ( c ) any distributors fees, rebates or allowances, quantity or cash discounts, chargebacks, or fees actuallygranted in the ordinary course of business ; ( d ) allowances or credits to customers, not in excess of the selling price ofthe Product, on account of governmental requirements, rejection, outdating or return of the Product . For the purposeof calculating Net Sales, the Parties recognize that KHK ’s, * * * INDICATES MATERIAL THAT WAS OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT WASREQUESTED . ALL SUCH OMITTED MATERIAL WAS FILED SEPARATELY WITH THE SECURITIES ANDEXCHANGE COMMISSION PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933,AS AMENDED