definiens: means the gross sales amount ( as invoiced or otherwise charged ) for the sale of Licensed Products, in any fonn or packaging, to Third Parties by [COMPANY], its Affiliates and sublicensees, less the following deductions ( to the extent actually allowed or incurred based on such sale and included in such gross sales amount ): ( a ) quantity and/or cash discounts off of the invoiced price ; ( b ) customs, duties, sales and similar taxes ; ( c ) amounts allowed or credited by reason of rejections, return of goods ( including as a result of recalls, market withdrawals and other corrective actions ), and retroactive price reductions or allowances specifically identifiable as relating to a Licensed Product including allowances and credits related to inventory management or similar agreements with wholesalers ; Ii ( d ) amounts incurred resulting from government ( or any agency thereof ) mandated rebate programs in the Territory ; ( e ) Third Party rebates, patient discount programs, administrative fees and chargebacks or similar price concessions related to the sale of a Licensed Product ; ( t ) bad debt allowed and recognized by [COMPANY] for accounting purposes as not collectible, provided however that if a bad debt allowance is reduced in any subsequent Calendar Quarter, such reduced amount will be added back to the gross saJes amount for purposes of calculating Net Sales ) ; ( g ) expenses for insurance, freight, packing, shipping and transportation ; and ( h ) to the extent agreed by the Parties in writing, such agreement not to be unreasonably withheld, any other specifically identifiable appropriate allowances or deductions to the extent such amounts are included in a Licensed Product 's gross sales amount and are credited and are similar to those deductions listed above, all in accordance with GAAP