definiens: means, with respect to a Licensed Product, the ag gregate gross invoiced sales prices from sales of a Licensed Product ( whether so ld as a unit of product or as a procedure ) sold by ICT and its Related Parties to independent Third Parties ( but, for clarity, excluding sales between the Related Pa rties but including any subsequent re - sales by a Related Part y to an independent Third Party ) less the following deductions, if not previously deducted, from the am ount invoiced or received : ( a ) trade, quantity and cash discounts, credits or allo wances actually paid, granted or accrued ; ( b ) credits or allowances given or made for returns, re jections, recalls or wastage replacement ( due to spoilage, damage, expiration of useful life or otherwise ), and for bad debts or uncollectible amounts ; ( c ) rebates, chargebacks, hospital buying group / group p urchasing organization administration fees or managed care organization re bates actually given or made ; ( d ) rebates and similar payments given or made with res pect to sales paid for by any Governmental Authority or Regulatory Authority ; ( e ) credits or allowances given or made for retroactive price reductions or billing corrections ; ( f ) value added, sales and use, excise and other simila r taxes and surcharges, duties, and other governmental charges ; ( g ) charges for freight, customs and insurance with res pect to the distribution and wholesaler and Distributor administration fees ; and ( h ) other future similar deductions, taken in the ordin ary course of business in accordance with IFRS or the corresponding accountin g standard in each country in the Territory