definiens: shall mean the gross amount billed by COMPANY and its AFFILIA TES and SUBLICENSEES for LICENSED PRODUCTS, IDENTIFIED PRODUCTS, and LICENSED PROCESSES, less the following : ( i ) customary trade, quantity, or cash discounts to the extent actually allowed and taken ; ( ii ) amounts repaid or credited by reason of rejecti on or return ; ( iii ) portions of invoiced amounts written off by COMPANY or its AFFILIATES as uncollectable ( if such amounts are subsequently collected, they will be deemed NET SALES in the quarter in which they are collected ) ; and ( iv ) to the extent se parately stated on purchase orders, invoices, or other documents of sale, any taxes or other governmental charges levied on the production, sale, transportation, delivery, or use of a LICENSED PRODUCT, IDENTIFIED PRODUCT or LICENSED PROCESS which is paid b y or on behalf of COMPANY, its AFFILIATE or a SUBLICENSEE ; and ( v ) outbound transportation ( including packaging, freight, shipping and insurance ) costs if separately stated on the invoice