definiens: shall mean, with respect to Produc t in the Territory, the gross amount invoiced by JCR, its Affiliates, Sublicensees or co - marketers f or such Product less deductions for : ( i ) trade, qua ntity and/or cash discounts, allowances and rebates actually all owed or given ; ( ii ) freight, shipping, insurance an d other transportation expenses ( if separately identified i n such invoice ) ; ( iii ) credits or refunds actually allowed for rejections, or defects of such Product, outdated or returned Product, or because of rebates or retroac tive price reductions ; ( iv ) sales, value - added, excise taxes, tariffs and duties, and other taxes directly relate d to the sale, to the extent that such items are separately identifie d in such invoice and are paid by the purchaser of Product . In the event of Combination Product, Net Sales shall b e calculated on the usual individual amount invoice d for the Product as if it were a stand - alone product