definiens: means the gross amount billed or invoiced on sales of Licensed Products by Company, its Affiliates and Sublicensees, less the following : ( a ) customary trade, quantity, or cash discounts to non - affiliated customers, brokers or agents to the extent actually allowedand taken ; ( b ) price reductions, rebates and chargeback payments granted to managed health care organizations, pharmacy benefitmanagers ( or equivalents thereof ), national, state / provincial, local and other governments, their agencies and purchasers and reimbursers, and to trade customers ( including Medicare, Medicaid, managed care and similar types of rebates and chargebacks ) ; ( c ) amounts repaid orcredited by reason of rejection or return ; ( d ) to the extent separately stated on purchase orders, invoices, or other documents of sale, anytaxes or other governmental charges levied on the production, sale, transportation, delivery, or use of a Licensed Product which is paid by oron behalf of Company, its Affiliates and Sublicensees ; and ( e ) outbound transportation costs prepaid or allowed and costs of insurance intransit