definiens: shall mean, with respect to a product for any period, the gross amount invoiced for commercialsales of that product in such period by or on behalf of the -17- [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEENOMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OFTHE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.selling Party to Third Parties ( provided that amounts invoiced for product sold or provided for use in the DevelopingWorld, if any, shall not be included ), less deductions for : ( a ) normal and customary quantity and/or cash discountsand sales returns and allowances, including, without limitation, those granted on account of price adjustments, billingerrors, rejected goods, damaged goods, returns, rebates, administrative or other fees or reimbursements or similarpayments to wholesalers or other distributors ( including without limitation pursuant to inventory managementagreements ), buying groups, AIDS Drug Assistance Programs, pharmacy benefit management organizations, healthcare insurance carriers or other institutions, allowances, rebates, fees paid to distributors and chargebacks actuallyallowed or given ; ( b ) freight, postage, shipping and insurance expenses ( if separately identified in such invoice);(c ) customs or excise duties or other duties related to the sales making up the gross invoice amount ( if separatelyidentified in such invoice ) ; ( d ) any rebates or similar payments accrued with respect to sales paid for by anygovernmental or regulatory authority such as, by way of illustration and not in limitation of the foregoing in this clause(d ), United States Federal or state Medicaid, Medicare or similar state program or any government imposedretroactive price reduction ; and ( e ) sales and other taxes and duties directly related to the sale, to the extent that suchitems are included in the gross invoice price ( but not including taxes assessed against the income derived from suchsale ) . Any of the deductions listed above that involves a payment by such Party shall not be taken as a deductionprior to the date accrued in accordance with GAAP as consistently applied in such Party ’s audited financialstatements . For purposes of determining Net Sales pursuant to Section 14.6(b)(ii ), the Combination Product shall bedeemed to be sold when invoiced