definiens: means, with respect to a given period of time, the total amount invoiced by [COMPANY] or its Affiliates and Sublicensees for sales of Pro ducts to a Third Party ( whether an end - user, wholes aler or otherwise ) in the [COMPANY] Territory, less the follow ing deductions with respect to such sale, to the ex tent applicable to the Product and to the extent consist ent with [COMPANY] ’s accounting practices used with re spect to sales of Viread : ( a ) trade, cash and quantity cred its, discounts, distributor fees, wholesaler fees f or inventory management or similar purposes ( provided the fees c harged by the wholesaler are consistent across Gile ad ’s product lines ), credits, and refunds, ( b ) allowance s or credits for returns or rejected Product and a reasonable allowance for bad debt expense consistent with GAAP ; ( c ) prepaid freight and insurance ; ( d ) sales taxe s and other governmental charges ( including value added a nd similar taxes, but solely to the extent not othe rwise creditable or reimbursed and excluding any income t ax ) actually paid by [COMPANY] or its Affiliates and S ublicensees in connection with the sale ; and ( e ) customary reba tes ( including, for this purpose, discounts provide d by means of chargebacks or rebates ) granted to managed healt h care organizations, federal, state, or local gove rnments ( or their agencies ) ( including without limitation Medic aid rebates ), all to the extent in accordance with GAAP as consistently applied across all products of [COMPANY]