definiens: means the following items of expense incurred in connection with sales of Licensed Products to the extent paid or allowed by Licensee or a Related Company and included in accordance with recognized principles of accounting in the gross sales price billed : ( i ) sales, use or turnover taxes ; ( ii ) excise, value added or other taxes, custom duties or consular fees ; ( iii ) transportation, freight, and handling charges, and insurance on shipments to customers ; ( iv ) trade, cash or quantity discounts or rebates to the extent actually granted ( including Medicaid and other governme nt - mandated rebates ) ; ( v ) agent fees or commissions and any other fees paid or allowed to distributors ; ( vi ) rebates, refunds, and credits for any rejected or returned Licensed Products or because of retroactive price reductions, rebates or chargebacks ; and ( vii ) uncollected accounts receivable attributable to sales of Licensed Products