definiens: means the actual gross amounts invoiced for sales of Product by a Party and its Affiliates to any third party purchaser ( including Recognised Agents ) less the following deductions with respect to such sales : - any rebates, quantity, trade and cash discounts, and other usual and customary discounts to customer s actually paid or deducted ; - retroactive price reductions, credits or allowanc es actually granted upon rejections or returns of Products, including for recalls or damaged goods ; - freight, postage, shipping and insurance charges actually allowed or paid for delivery of Products, to the extent included in the gross sales price ; - sales taxes, excise taxes, use taxes, import / expo rt duties or other governmental charges actually du e or incurred with respect to such sales, including with out limitation value -added taxes ; and - charge - back payments and rebates ( or the equivale nt thereof ) granted to managed health care organisations or to federal, state and local govern ments, their respective agencies, purchasers or reimbursers ; all as incurred in the ordinary course of business in type and amount consistent with good industry pr actice and determined in accordance with generally accepte d accounting principles on a basis consistent with either Party ’s audited consolidated financial state ments