definiens: means, for any period, Revenu es, plus any gross sales by any non -consolidated Affiliate or sub -licensee, distributor or partner during such period, in each case with respect to all sales, transfers or other dispositions of Designated Products ( whether to end -users, distributors or oth erwise ), less the following deductions, to the extent reasonable and customary, not already deducted from Revenues or gross sales, as applicable, and incurred with respect to the applicable sale, transfer or other disposition of the Designated Product : ( i ) import, export, excise and sales taxes ( including duties or other governmental charges levied on, absorbed or otherwise imposed on the sale of Designated Product including, without limitation, value added taxes or other governmental charges otherwise meas ured by the billing amount, when included in billing ), ( ii ) custom duties, ( iii ) credits or allowances granted on returns of Designated Products actually sold, ( iv ) bad debt deductions actually written off during such period, and ( v ) trade, cash and quanti ty discounts, allowances and credits . For purposes of calculating Net Sales under this Agreement, and subject to Section 2.3(e ) hereof, all sales, transfers or other dispositions of Designated Product hereunder, whether made for cash or otherwise, shall be deemed to be made for cash, at the applicable fair market value of the Designated Product