definiens: shall mean, with respect to the Product, the gros s amount recorded for sales of such Product in arm ’s length sales by Kos or its Affiliates to T hird Parties, commencing with the First Commercial Sale of the Product, less the following deductions from such gr oss amounts which are actually incurred, allowed, a ccrued or specifically allocated to the Product : ( i ) credits, price adjustments or allowances for damaged produc ts, returns or rejections of Product ; ( ii ) normal and customary tr ade, cash and quantity discounts, allowances and cr edits ( other than price discounts granted at the time of invoici ng which have been already included in the gross am ount invoiced ) including fees incurred or accrued relati ve to recorded sales by Kos or its Affiliate to Thi rd Parties pursuant to inventory management agreements ; ( iii ) chargeback payments and rebates ( or the equivalent thereof ) and administrative service fees granted to group pu rchasing organizations, managed health care organiz ations or to federal, state / provincial, local and other gover nments, including their agencies, or to trade custo mers ; ( iv ) any invoiced freight, postage, shipping, insurance and other transportation charges ; and ( v ) sales, value- added ( to the extent not refundable in accordance with Applicable Laws ), and excise taxes, tariffs and duties, and o ther taxes directly related to the sale ( but not including tax es assessed against the income derived from such sa le ) ; provided that the foregoing deductions remain consistent wit h GAAP and are calculated using the standard accoun ting practices Kos customarily applies to other products sold by it