definiens: shall mean alldiscounts granted under ( i ), ( ii ) and ( iii ) above and any price reductions belowthe Dovonex list price for a given presentation as such list price for suchpresentation exists on the Effective Date ( or, for any new presentationshereafter, as it is first priced for commercial sale ), but excluding suchdiscounts, credits, or rebates that relate to matters such as product returns, rejected or damaged goods, billing errors, and the like ( which may still betaken into account in determining Total Discounts for a given AgreementQuarter ) ; provided, that where the list price for a given presentation isreduced by [COMPANY] below the list price for such presentation as of the EffectiveDate, the 15 % threshold shall be determined by reference to such list price asof the Effective Date and not the then lower current list amount . For sake ofclarity and example, if the price for a given presentation of Dovonex is$100 / gram as of the Effective Date, then [COMPANY] is entitled as of the EffectiveDate to grant $ 15 of Incentive Discounts before the excess above that figuremust be taken into account in determining whether [COMPANY] has exceeded the 15%threshold in the aggregate for all presentations . If a year later : ( A ) the priceof the presentation has dropped to $ 90, then [COMPANY] would be entitled as of theEffective Date to grant only an additional $ 5 of Incentive Discounts before theexcess above that figure must be taken into account in determining whether BMShas exceeded the 15 % threshold in the aggregate for all presentations, and ( B)the price of the presentation has increased to $ 110, then [COMPANY] would be entitledas of the Effective Date to grant $ 16.50 of Incentive Discounts before theexcess above that figure must be taken into account in determining whether BMShas exceeded the 15 % threshold in the aggregate for all presentations