definiens: of a Licensed Product means, as determined in accordance with GAAP, the aggregate grossamount invoiced on account of sales of such Licensed Product by [COMPANY] or any of its Affiliates or their sublicenseesto a Third Party less the following relating to such sale to the extent actually paid, granted or accrued:1.70.1 credits or allowances as a result of billing errors, rejected goods, damaged or defective goods, recalls, retroactive price adjustments, or returns;1.70.2 trade, quantity and cash discounts or rebates;1.70.3 credits, volume rebates, charge - back and prime vendor rebates;1.70.4 actual bad debts;1.70.5 discounts, rebates, reimbursements or similar payments to wholesalers and other distributors, buyinggroups, health care insurance carriers, pharmacy benefit management companies, health maintenance organizations, Governmental Authorities, or other institutions or health care organizations or arising in connection with any PfizerDiscount or Savings Program ( as defined below ) ; and1.70.6 any tax, tariff, customs duty, excise or other duty or other governmental charge ( other than a tax onincome ) levied on the sale, transportation or delivery of a Licensed Product and borne by the seller thereof