definiens: shall mean the gross amount billed by COMPANY and its AFFILIATES andSUBLICENSEES and CORPORATE PARTNERS for LICENSED PRODUCTS and DISCOVERED PRODUCTS, lessthe following : ( i ) customary trade, quantity, or cash discounts to the extent actually allowed and taken ; ( ii ) amounts repaid or credited, or allowances by reason of rejection, recalls or returns ; ( iii ) to the extent separately stated on purchase orders, invoices, or other documents of sale, anytaxes, duties, tariffs or other governmental charges levied on the production, sale, transportation, delivery, or use of aLICENSED PRODUCT or DISCOVERED PRODUCT which is paid by or on behalf of COMPANY ; ( iv ) outbound transportation costs prepaid or allowed and costs of insurance in transit ; ( v ) discounts or rebates or other payments required by law to be made under Medicaid, Medicare orother governmental special medical assistance programs, to the extent actually allowed and taken ; and ( vi ) amounts written off by reason of uncollectible bad debt, but not to exceed * of the gross amountbilled by COMPANY and its AFFILIATES and SUBLICENSEES for LICENSED PRODUCTS and DISCOVEREDPRODUCTS in a given REPORTING PERIOD