definiens: means, for any period of determination, the gross amount invoiced for Licensed Products ( but excluding Authorized Generics ) by [COMPANY], it s Affiliates and any sublicensees to Third Parties for such period of determination, less the aggregate of the following deductions to the extent actually incurre d in connection with such sales : ( a ) reasonable and customary cash, trade, and quant ity discounts off the invoiced price, promotional allowances actually incurred and fees paid to whole salers and retailers based on the sale or dispensin g of Licensed Products ; ( b ) excise, sales, value added, good and services a nd other consumption taxes and import / export and custom duties or other taxes imposed on the importa tion, use or sale of the Licensed Product to Third Parties, to the extent included in the gross amount invoiced ; ( c ) freight, insurance and other transportation cha rges to the extent billed separately ; ( d ) amounts repaid, credited or accrued, or allowan ces or adjustments made, by reason of customer returns ( consistent with [COMPANY] ’ then reasonable applicable return policies ), rejections, or recalls ; ( e ) reasonable and customary rebates and chargeback s ; and ( f ) rebates associated with any voucher, coupon, lo yalty card or other co - pay assistance programs ; solely to the extent the above deductions are in ac cordance with law and taken in accordance with GAAP