definiens: means, with respect to a Licensed Product for any period, the gross amount billed or invoiced by [COMPANY], its Affiliates, or its or the ir Sublicensees for the sale of such Licensed Produ ct to Third Parties ( including Distributors ), less the followin g deductions to the extent accrued according to US GAAP for the calculation of Net Sales by [COMPANY], its Affil iates, or its or their Sublicensees and to the exte nt allocated to the Licensed Product : 1.76.1 trade, cash, quantity and prompt settlement discou nts ( including chargebacks and allowances ) ; 1.76.2 amounts repaid or credited by reason of rejection, return or recall of goods, rebates or price reductions ( retroactive or otherwise ) ; 1.76.3 freight, postage, shipping, insurance and other tr ansportation expenses ; 1.76.4 any fees for services provided by wholesalers or w arehousing chains ; 1.76.5 customs and excise duties and other taxes or dutie s ; 1.76.6 rebates and similar payments made with respect to sales paid for by any governmental or regulatory authority, including Federal or state Me dicaid, Medicare, or similar state program or equiv alent foreign governmental program ; 1.76.7 the portion of administrative fees paid during the relevant time period to group purchasing organizations or pharmaceutical benefit managers re lating to such Licensed Product ; 1.76.8 any invoiced amounts that are not collected by Alle rgan, its Affiliates or its or their Sublicensees, including bad debts ; provided, that, any invoiced amount that is excluded from N et Sales by [COMPANY], its Affiliates or its or their Sublicense es pursuant to this Section 1.76.8 and is later col lected by [COMPANY], its Affiliates or its or their Sublicense es shall be included in the gross amount billed or invoiced by [COMPANY], its Affiliates or its or their Sublicense es as of the date of collection for purposes of det ermining Net Sales ; and [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitte d and filed separately with the Securities and Exchange C ommission pursuant to Rule 406 of the Securities Ac t of 1933, as amended