definiens: means the aggregate gross amount invoiced by Licensee on all sales of Licensed Product inthe Territory to a Third Party, less the following deductions from such gross amounts : ( a ) bad debts actually written off which are directly attributable or allocable to sales of the LicensedProduct ; ( b ) credits or allowances for damaged goods, returns or rejections or recalls of Licensed Product andshelf stock and other retroactive price adjustments ; ( c ) normal and customary trade, cash, quantity and volume based discounts, allowances and credits ; ( d ) sales or similar taxes ( other than income taxes ) ; ( e ) freight, postage, shipping, insurance charges ; ( f ) chargebacks and rebates to managed healthcare organizations or to federal, state and localgovernments, their agencies, or to trade customers, including without limitation, wholesalers, hospital buyinggroups and chain pharmacy buying groups ; ( g ) inventory management, distribution, warehousing, and related services fees ; ( h ) and any other reduction or specifically identifiable amounts included in the invoice price that shouldbe credited for any reasons substantially equivalent to those listed above