definiens: . Net Sales means, with respect to a Product, the gross sales recorded byNovartis or any of its Affiliates or Sublicensees for the Product sold to Third Parties other than Sublicensees, lessdeductions actually taken or applied, in the case of both gross sales and deductions as determined in accordancewith the Accounting Standards as consistently applied across its products generally, which deductions include thefollowing : ( a ) normal trade and cash discounts ; ( b ) amounts repaid or credited by reasons of defects, rejections, recalls or returns ; ( c ) rebates and chargebacks to customers and Third Parties ( including Medicare, Medicaid, Managed Healthcare and similar types of rebates ) ; ( d ) amounts provided or credited to customers through coupons and other discount programs ; ( e ) delayed ship order credits, discounts or payments related to the impact of price increasesbetween purchase and shipping dates and retroactive price reductions ; ( f ) compensation paid to non - Affiliate distributors and wholesalers for maintaining agreedinventory levels and providing information ; ( g ) other reductions or specifically identifiable amounts deducted for reasons similar to thoselisted above in accordance with the Accounting Standards