definiens: shall mean, with respect to a product for any period for a country, expressed in local currency in such country, the gross amount invoiced for commercial sales of such product in such period by the applicable selling Party or any of its Affiliates orSublicensees ( in the case of Territory Combination Product where [COMPANY] is the Selling Party ) or ( sub)licensees ( in the case of any otherproduct ) to Third Parties, less charges, if any, to the applicable Third Party for freight, postage, shipping and insurance expenses ( ifseparately identified in such invoice ) and less deductions for : ( a ) normal and customary quantity or cash discounts and sales returns andallowances, including those granted on account of prompt payment, price adjustments, billing errors, permitted customer rejections orreturns ( including due to a recall or product withdrawal ) for a given quantity of the applicable product, administrative fees orreimbursements or similar payments to wholesalers or other distributors, buying groups, pharmacy benefit management organizations, health care insurance carriers or other institutions, and allowances, rebates, fees paid to distributors and chargebacks allowed or given;(b ) customs or excise duties or other duties related to the sales making up the gross invoice amount ( if separately identified in suchinvoice ) ; ( c ) any rebates or similar payments accrued with respect to sales paid for by any governmental or regulatory authority ; ( d ) salesand other taxes and duties directly related to the sale, to the extent that such items are included in the gross invoice amount ( but notincluding taxes assessed against the income derived from such sale ) ; and ( e ) any other25 [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES ANDEXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.CONFIDENTIAL TREATMENT REQUESTEDUNDER 17 C.F.R. § § 200.80(b)(4 ) AND 240.24B-2item taken as a deduction to determine net sales under the Accounting Standards