definiens: means the consolidated gross amount recognized as sold for any particular period using IFRS criteria forsales recognition for the Licensed Product by Licensee or its Affiliates or Sublicensees to third parties, minus the following asapplicable, using IFRS criteria, ( a ) returned goods ; ( b ) trade cash, and quantity discounts accrued and actually taken from theinvoiced amount ; ( c ) rebates, including payments in respect of any governmental subsidized programs, rebate payments given towholesalers or other Licensee buying groups, healthcare insurance carriers or other institutions ; ( d ) credits or allowances actuallygiven or made for rejection or return of previously sold Licensed Products or for retroactive price reductions ( includinggovernment mandated rebates and chargebacks ) ; ( e ) sales, value added or other taxes or duties levied on or measured by thebilling amount for Licensed Products, to the extent billed separately on the invoice and paid for by the customer, as adjusted forrebates and refunds, as applicable ; ( f ) one percent ( 1 % ) of such consolidated gross amount recognized as sold to account forestimated charges for freight and insurance directly related to the delivery or return of Licensed Products to the extent billedseparately on the invoice and paid for by the customer ; ( g ) adjustments for Combination Products as mutually agreed upon ingood faith by the Parties, and by Licensor and GNE, ( h ) uncollectible debts, as incorporated in Licensee Group ’s consolidatedaccounts consistently applied to all products of Licensee Group, provided however that if collected at a later date such amountswill be added to Net Sales in the Calendar Quarter in which it is received, in all cases as adjusted periodically to reflect amountsactually incurred in the Territory for items ( a ) through ( f ) . If a Licensed Product is sold for consideration other than cash, the fairmarket value of such other consideration shall be included in Net Sales