definiens: means with respect to the Product, the gross amounts invoiced by [COMPANY], its Affiliates orsublicensees to Third Party customers for sales or other transfers or disposition of the Product, less : ( i)customary trade, quantity, and cash discounts or rebates actually allowed on the Product ; ( ii)credits or allowances given to customers for rejections or returns of the Product or on account ofretroactive price reductions affecting such Product ; ( iii)amounts debited on account of bad debts with respect to Net Sales previously invoiced ( provided thatthe net amount of any such bad debts subsequently collected shall be counted as sales ) ; ( iv)sales taxes, excise taxes, use taxes, import / export duties or other governmental charges actually dueor incurred with respect to the production, importation, use or sale of the Product to Third Parties ; ( v)postage, shipping, and transportation charges to the extent that they are included in the price orotherwise paid by the purchaser, including insurance, for transporting the Product ; ( vi)Product rebates and Product chargebacks including those granted to managed - care entities andgovernment agencies