definiens: shall mean the gross amount invoiced by BIOVENTUS ( or by its AUTHORIZED DISTRIBUTOR, in cases where the AUTHORIZED DISTRIBUTOR is selling the PRODUCT ) for sales of PRODUCT under this Agreement, minus any and all deductions actually taken by BIOVENTUS or th e AUTHORIZED DISTRIBUTOR with respect to such sales in accordance with GAAP, including, but not limited to, deductions for : ( i ) trade, quantity prompt pay and cash discounts, coupons, rebates and other price reductions for the PRODUCT ; ( ii ) credits and allowances for rejection or return of PRODUCT previously sold, bad debts, price protection and shelf stock adjustments ; reprocurement charges and other similar charges and administrative, data and inventory management fees ; and ( iii ) rebates and chargebac ks, including, but not limited to, any payments required by law to be made under Medicaid, Medicare or other government medical assistance programs