definiens: means the gross invoice price of a particular Licen sed Product sold or otherwise transferred to a Third Party by any Licen see Entity for consideration, reduced by the follow ing amounts to the extent such items are customary under indust ry practices and to the extent such amounts are, wi th respect to any deduction described in clause ( a ), ( b ), ( d ), ( f ) or ( g ), included in the gross invoiced sales price or documented in the invoices or otherwise properly do cumented by the relevant Licensee Entity, or, with respect to any deduction described in clause ( c ) or ( e ), docum ented in the invoices issued to the relevant Third Party or paid to the relevant Third Party following the initial d ate of invoicing and properly documented by the rel evant Licensee Entity with such Third Party, in each case in accor dance with Accounting Standards : ( a)normal and customary trade, quantity and prompt settlement discounts ( including chargebacks and allowances ) actually allowed and ta ken directly with respect to such unit of Licensed Product ; ( b)tariffs, duties, excises, value added tax and ot her sales taxes imposed by any Governmental Authority upon and paid by the applica ble Licensee Entity with respect to the sale, transportation, delivery, use, exportation, or impo rtation of such Licensed Product ( which does not include income, withholding or similar taxes ) ; ( c)amounts repaid or credited by reason of rejectio n, return or recall of goods, or rebates ; 8 ( d)freight, postage, shipping and insurance expense s to the extent that such items are included in the gross amount invoiced ; ( e)the portion of administrative fees paid during t he relevant time period to group purchasing organizations or pharmaceutical benefit managers relating to such Licensed Product ; ( f)any invoiced amounts that are not collected by s uch Party, its Affiliates or its or their sublicensees, including bad debts and uncollectable invoiced amounts actually written off in accordanc e with applicable Accounting Standards, provided that ( i ) any such amounts subsequently collected w ill be included in Net Sales and ( ii ) the amounts deduc ted under this subsection ( f ) shall not exceed [ * * ] percent ( [ * * ] % ) of gross sales of the relevant Lice nsed Product in the relevant calendar quarter ; and ( g)any other similar and customary deductions that are consistent with applicable Accounting Standards ; provided that the following provisions will also apply to t he calculation of Net Sales hereunder : ( A)Any of the deductions listed above that involves a payment by the particular Licensee Entity will be taken as a d eduction in the calendar quarter in which the payme nt is accrued by such entity