definiens: shall mean the amount invoiced and actually received on sales of PRODUCT by API, its AFFILIATES and its sublicensees to a THIRD PARTY, less the following deductions to the extent included in the amounts invoiced : ( i ) trade . cash or quantity discounts actually allowed, granted from the invoiced amount and taken ; and ( ii ) amounts repaid or credited by reason of rejections, defects or returns or because of retroactive price reductions or other similar explained reasons ; and ( iii ) insurance, shipping and handling, if included in the amount invoiced, pre - paid or actually allowed ; and -(iv ) rebates paid pursuant to government regulations ; and ( v ) taxes, governmental charges for export / import fees or radioactive waste disposal fees by governmental authorities in the TERRITORY on the sales of PRODUCT to said THIRD PARTY, if included in said invoiced amount or actually paid, whether denominated as value added taxes, sales taxes, or excise taxes, to the extent included in said invoiced amount or proof receipt of payment