definiens: means the aggregate amount invoiced on account of sales of a Product by thePurchaser or any of its Affiliates or sublicensees to a third party in the Field ( but not including sales between the Purchaserand its Affiliates where the Product is intended for resale ) less the following reductions relating to such sales : ( i ) trade, quantity and cash discounts or rebates, which are not already reflected in the amount invoiced ; 2 ( ii ) any adjustments or allowances on account of price adjustments, billing errors, rejected goods, damaged goods, returns and withdrawal, recall or relabeling of Product ; ( iii ) credits, volume rebates, charge - back and prime vendor rebates, reimbursements or similar payments granted orgiven to, or related administrative, processing or other fees charged to, wholesalers and other distributors, buying groups, health care insurance carriers, pharmacy benefit management companies, health maintenance organizations or otherinstitutions or health care organizations, which are not already reflected in the amount invoiced ; ( iv ) any tax, tariff, customs duty, excise or other duty or other governmental charge including, without limitation, value added taxes(other than a tax on income ) levied on the manufacture, sale, transportation or delivery of the Product andremitted to the applicable taxing authority ; ( v ) payments or rebates paid in connection with sales of the Product to any governmental or regulatory authority inrespect of any state or federal Medicare, Medicaid or similar programs, or other managed care programs, which are not alreadyreflected in the amount invoiced ; ( vi ) freight, postage, handling, shipping, insurance or other transportation costs charged to the customer whetherinvoiced separately or included within the selling price ; and ( vii ) amounts allocated for bad debt determined by generally accepted accounting principles consistently applied