definiens: means the gross consideration invoiced or received by Licensee or any of its Affiliates or Sublicensees ( including all sub- Sublicensees ) for Sales of Licensed Product ( includ ing any cash amounts plus the fair market value of any other forms of co nsideration ), less the following deductions ( to the extent included in and not already deducted from the gross amounts invoiced or otherwise charged ) to the exte nt reasonable and customary : 1.50.1 trade discounts, including trade, cash and q uantity discounts or rebates, credits or refunds ; 1.50.2 allowances or credits actually granted upon claims, returns or rejections of products ; 1.50.3 charges included in the gross sales price for freig ht, insurance, transportation, postage, handling and any other charges relating to the Sale, transpo rtation, delivery or return of such Licensed Product ; 6 1.50.4 customs duties, sales, excise and use taxes actuall y paid in connection with the transportation, distribution, use or Sale of such Licensed Product ( but excluding what is commonly known as income taxes ) ; 1.50.5 bad debt expense and amounts actually written off b y reason of uncollectible debt not to exceed [ * ] of the Net Sales of Licensed Product