definiens: means the amounts received by the Company from all sales procured by [COMPANY] of any Product, including non - cash consideration, which shall be reflected in the Company 's books and records maintained in accordance with the accounting principles used by the Company consistently applied across all of its products, less the following deductions with respect to such sale, to the extent included in the amounts invoiced or subsequently actually allowed and taken : ( i ) all trade, cash and quantity credits, discounts, refunds or rebates or retroactive price reductions ; ( ii ) allowances or credits for returns or rejected product ; ( iii ) reasonable handling fees and restocking expenses for returned or rejected products ; ( iv ) freight, transportation, postage and insurance paid by the Company ; and ( v ) sales taxes, tariffs, duties and other governmental charges ( including value added tax ) actually paid in connection with the sale ( but excluding what are commonly known as income taxes ) . A shall exclude [ ttah§feit§:{gtfalshasmons':fot!ct1 ~ lt ~ bl ~ l()ffri'f6rtt6t15if~&'p';'~·~~se.s . · .. " . ]