definiens: means, with respect to any Licensed Product, the gross invoiced sales price of such Licensed Product sold by EyePoint, its Affiliates or Sublicensees ( the ), in finished product form, packaged and labelled for sale in arm ’s -length transactions to Third Parties, less deductions allowed to the Third Party customer by the Selling Party, to the extent actually taken by such Third Party customer, on such sales f or : ( a)transportation charges relating to the Licensed Product, including handling charges and insurance premiums relating thereto ; ( b)sales taxes, excise taxes, use taxes, VAT and duties paid by the Selling Party in relation to the Licensed Product and any other equivalent governmental charges imposed upon the importation, use or sale of the Licensed Product ; ( c)government -mandated and other rebates ( such as those in respect of any state or federal Medicare, Medicaid or similar programs ) ; ( d)customary tr ade, quantity and cash discounts allowed on the Licensed Product ; 6 ( e)allowances or credits to customers on account of retrospective price reductions affecting the Licensed Product ; ( f)customary rebates and charge -backs including those granted to ma naged care entities ; ( g)bad debt and uncollectable invoiced amounts actually written off in accordance with the standard practices of the Selling Entity ; and ( h)that portion of the annual fee on prescription drug manufacturers imposed by the Patient Protec tion and Affordable Care Act, Pub . L. No . 111 -148 ( as amended ), that EyePoint, its Affiliates, or its or their Sublicensees, as applicable, allocate to sales of the Licensed Product in accordance with their respective standard policies and procedures consi stently applied across their respective products ; and ( i)fees for distribution paid to wholesalers, distributors, specialty pharmacies, etc ., but not commissions on sales