definiens: means the amounts invoiced by Luitpold or any of its Affiliates or Distributors during the termof this Agreement for the worldwide sale of Licensed Products to bona fide independent third parties, including anyamounts that may be invoiced for samples, less : ( a ) normal and customary rebates, trade, or quantity and cashdiscounts, including credit card fees, actually taken or incurred ; ( b ) sales, use and/or excise taxes, custom duties orother governmental charges ( other than taxes imposed on Luitpold ’s, an Affiliate ’s or a Distributor ‘s net income)actually paid in connection with sales of Licensed Products ; ( c ) amounts actually allowed or credited due to refunds, returns and replacements ; ( d ) up to * * % of gross sales, representing an estimate of the cost actually paid by Luitpold, an Affiliate or a Distributor, as applicable, for any bulk packages and packing, freight charges and insurance whichamount will, at the request of BMTI, be reconciled to actual costs annually ; and ( e ) amounts written off for bad debt