definiens: means, with respect to a given period of time, gross sales in such period, less the following deductions from such gross amounts which are actually incurred, allowed or paid, and specifically relate to Licensed Products : a ) credits or allowances actually granted for damaged products, returns or rejections of product, price adjustments and billing errors ; b ) governmental and other rebates ( or equivalents thereof ) granted to managed health care organizations, pharmacy benefit managers ( or equivalents thereof ), federal, state / provincial, local and other governments, their agencies and purchasers and reimbursers or to trade customers, to the extent allowed and taken ; c ) normal and customary trade, cash and qualtity discounts, allowances and credits to the extent allowed or taken ; d ) commissions allowed or paid to third party distributors, brokers or agents other than sales personnel, sales representatives and sales agents employed by [COMPANY] * ; e ) transportation costs, including insurance, for outbound freight related to delivery of the product to the extent included in the gross amount invoiced and not subject to reimbursement ; 1 ) sales taxes, VAT taxes and other taxes directly linked to sales of Licensed Products to the extent included in the gross amount invoiced, to the extent payable by [COMPANY] and not subject to reimbursement ; and g ) anvother normal, reasonable and customarv items that reduce gross sales amounts of the Licensed Product as required by U.S. Generally Accepted Accounting Principles applied on a consistent basis *