definiens: means the total amount received by [COMPANY], its Affiliates or its sublicensees in connection with sales of the Licensed Product, after deduction of all the following to the extent applicable to such sales and are separately billed or documented : ( A ) all trade, cash and quantity credits, disc ounts, refunds or rebates ; Page : 2 of 24 S05 - 304, S11 -202 : SMN Exclusive ( Equity ) Agreement ( B ) allowances or credits for returns ; ( C ) import, export, excise and sales taxes ( including value -added tax ), custom duties and similar governmental charges ; ( D ) costs of insurance, packing and shipping ; ( E ) reasonable allowance for uncollectible accounts ( provided that any such amounts that are actually collected will be included in Net Sales in the quarter in which they are collected ) ; and ( F ) rebates or discounts to social and welfare systems, chargeb acks, government mandated discounts and similar types of rebates or discounts ( for example, P.P.R.S., Medicaid )