definiens: Net Sides " shl111 mean with respect to the Product the gross amount invoiced by or on behalf of the relevant Party and its AffiliAtes and sublicensees for the Product sold to TIlird Parties other thun licensees or subllcensees in bona fide, ilITns - length ll'ansactlons, less customary 01 - Z5 - Z007 04:45pm From - FOLEY & LARDNER + T-166 P.ozl/oZ6 F - B39 deductions, determined in accordance with tho PSliy 's Accounting Stilndards as generllUy and con : oistently applied by that Party, to ~he extent included in the gross invoiced sales price of any Product or otherwise directly paid or incurred by stich Party, its Affiliates Or sublicensees with respect to the s ~ le ofsl.lch Prodllct, such as : ( 1 ) normal and customary trade and quantity discoLlnts Actually allowed and properly taken directly with respect to sales of the Product ; ( i1 ) amOUnlS aCnially repaid or credited by reasons of defecTS, rejection recalls, returns, reba ~ es and < lllowan.ces of goods ; ( iii ) chargebacks and other amounts paid on sale or dispensing of such Product ; 0\1 ) rebate amounts payable resulting from governmental mtmdated rebate pro­grams ; ( v ) tariffs, duties, excise, sales, value - added Ilnd other taxes ( other than taxes bllsed on h1come ) ; ( vi ) customary cash discounts for timely payment ; ( vii ) delayed ship order credits ; ( viii ) discounts pursuant to indigent patient progrllms and patient discount pro­grams, including coupon discounts ; und ( x ) all freight, postage and insurance included ill the invoice price