definiens: means, with respect to any p eriod, the gross amounts invoiced by [COMPANY], i ts Affiliates or Sublicensees, as applicable, to Third Parties for sales of a Product in the Field in the Territory, less the following deductions to the extent include d in the gross invoiced sales price for the Product or otherwise directly paid or incurred by [COMPANY], its Affiliates or Sublicensees, with respect to th e sale of the Product in the Territory : ( i ) trade, quantit y or cash discounts credits, adjustments or allowan ces, including those granted on account of price adjustm ents, billing errors, rejected goods, or damaged go ods ; ( ii ) rebates and chargebacks allowed, given or accr ued ( including, but not limited to, cash, governmen tal and managed care rebates, hospital or other buying group chargebacks, and governmental taxes in the nature of a rebate based on usage levels or sales o f the Product ) ; ( iii ) sales, excise, turnover, inve ntory, and similar taxes ( not offset or refunded, except i n the case of value added taxes ) assessed on the sa le of the Product ; ( iv ) bad debts reserved for on the bas is utilized by [COMPANY] in its branded pharmaceu tical business generally or, if greater, bad debts actual ly written off, in each case which are attributable to sales of Product ; ( v ) administrative fees paid to group p urchasing organization, managed care entities or ot her similar types of organizations or networks particip ating in the distribution and/or sales of the Produ ct ; ( vi ) amounts paid or credited to customers for inve ntory management services ; ( vii ) any other similar and customary deductions that are consistent with GAAP or IFRS, if applicable ; and ( viii ) an allowance for transportation costs, distribution expenses, specia l packaging and related insurance charges, freight and insurance charges, taken in accordance with AstraZe neca ’s standard practices applicable to other of [COMPANY] ’s products, which allowance will in no event exceed [ * * ] of the amount arrived at after application of items ( i ) to ( vii ) above . Net Sales will be determined in accordance with applicable Accounting Standards . Without limiting the generali ty of the foregoing, sales, transfers, or dispositi ons of Product for charitable, promotional ( including s amples ), non - clinical, clinical, or regulatory purp oses will be excluded from Net Sales, as will sales or t ransfers of Product among a Party and its Affiliate s or Sublicensees