definiens: shall mean the gross amount received by PENINSULA and its sublicensees for sales of Compounds and/or Products to unaffiliated third parties that are not sublicensees of the sell ing party, less the following deductions or allowances : ( a ) reasonable trade, quanti ty, or cash discounts or rebates, chargebacks, commissions, Medicaid / Medicar e rebates and allowances ; ( b ) sales, use, value added, inventory, and excise taxes, import and customs duties, tariffs and any other si milar taxes, duties, tariffs or other governmental charges ( but excluding income taxes ) directly imposed on the sales of the Product ; ( c ) reasonable freight, insu rance, packaging costs and other transportation charges ; and ( d ) amounts actually repaid or credits taken by reason of rejections, outdating, defects or returns or becaus e of retroactive price reductions or due to recalls or government laws or regulations requiring rebates