definiens: shall mean the amount invoiced by or on behalf of a Party, its Affiliates or its sublicensees from sa les of the Product by or on behalf of such Party to Third Parties in t he Territory, less the following deductions applicable to the Pro duct for ( i ) all trade, cash and quantity credits, discounts, refunds o r rebates, including premiums or chargebacks ; ( ii ) allowances or credits to customers on account of governmental requirements, price differenc es, rejection, outdating, returns, or recalls of Product ; ( iii ) sale s commissions ; ( iv ) sales taxes ( including value added tax ) or other governmental charges imposed upon sales of the Product and paid by Sche ring ; ( v ) transportation charges and insurance charges paid by Sche ring estimated not to exceed 1 % ( one per cent ) of invoice ; ( vi ) price a djustments actually made ; and ( vii ) deductions for uncollectible invoice s. For the purpose of calculating Net Sales, the Parties recogni ze that ( a ) [COMPANY] 's customers may include persons in the chain of commerce who enter into agreements with [COMPANY] as to price even though title to the Product does not pass directly from [COMPANY] to su ch customers and even though payment for such Product is not made by su ch customers directly to [COMPANY] ; and ( b ) in such cases, chargebac ks paid by [COMPANY] to or through a third party ( such as a wholesale r ) can be deducted by [COMPANY] from gross revenue in order to ca lculate Net Sales . Any deductions above which involve a payment b y [COMPANY] shall be taken as a deduction against aggregate sales for th e period in which the payment or deduction is made . In the event that a Product is sold in the form of a combination product containing one or more active ingredients in addition to a Product, Net Sales for such combination product will be adjusted by multiplying actual Net Sales o f such combination product by the fraction A/(A+B ) where A is the invoic e price of the Product, if sold separately, and B is the invoice pric e of any other active ingredient or ingredients in the combinati on, if sold separately