definiens: means the gross amounts invoiced by [COMPANY], its Affiliates and Sublicensees for sales of a LicensedProduct to independent or unaffiliated Third Party purchasers of such Licensed Product, less the following deductions withrespect to such sales to the extent that such amounts are either included in the billing as a line item as part of the gross amountinvoiced, or otherwise documented in accordance with IFRS to be specifically attributable to actual sales of a LicensedProduct, and incurred by [COMPANY], its Affiliates and Sublicensees consistent with usual and customary practices for theirproducts generally : ( i ) trade discounts, including trade, cash and quantity discounts, or rebates, credits or refunds;(ii ) allowances or credits actually granted upon claims, returns or rejections of products, including recalls, regardless of theparty requesting such recall ; ( iii ) credits and allowances for wastage replacement and bad debts ; ( iv ) charges included in thegross sales price for freight, insurance, transportation, postage, handling, insurance and any other charges relating to the sale, transportation delivery or return of the Licensed Product ; ( v ) customs duties, sales, excise and use taxes and any othergovernmental charges ( including value added tax ) actually paid in connection with the transportation, distribution, use or saleof the Licensed Product ( but excluding what is commonly known as income taxes ) ; ( vi ) rebates and chargebacks or retroactiveprice reductions made to federal, state, or local governments ( or their agencies ), or any Third Party payor, administrator orcontractee, including managed health organizations ; ( vii ) payments to Third Party wholesalers pursuant to inventorymanagement agreements ; and ( viii ) the actual cost of goods of the delivery device that is included in the invoiced amount andis used for administration of the Licensed Product