definiens: means, with respect to any ticensedProduct, all amounts invoiced or ; ; : 0.t.~ihme'irwliii ~ si ~ e~~ii~~i~~i~~,£i]oir ~ t ~ h ~ e:41$~btijrian ~ sifiii ~ er ~ or other disposition of a LicensedPtoduct by a Party, ~ less, to the extent actually incurred and attributable to such revenues : ( a ) discounts ( including, without limitation, cash discounts, quantity discounts and patient discount program discounts ), retroactive price reductions, charge - back payments and rebates granted to managed health care organizations or to federal, state and local governments, their agencies, and purchasers and reimbursers or to trade customers ( a ) whether in cash or trade ; provided however, that where any such Discount is based on sales of a bundled set of products in which such Licensed Product is included, the Discount shall be allocated to such Licensed Product on a pro rata basis based on the sales value ( i, e " the unit average selling price multiplied by the unit volume ) of the Licensed Product relative to the sales value contributed by the other constituent products in the bundled set, with respect to such sale ; ( b ) credits or allowances actually granted upon claims, damaged goods, rej ections or returns of such Licensed Product, including such Licensed Product returned in connection with recalls or withdrawals ; ( c ) freight out, postage, shipping and insurance charges for delivery of such Licensed Product to the extent included in the gross invoice amount ; and ( d ) taxes or duties levied on, absorbed or otherwise imposed on the sale of such Licensed Product, including, without limitation, value - added taxes, or other governmental charges otherwise imposed upon the billed amount, as adjusted for available rebates, credits and refunds, to the extent included in the gross invoiced amount and not paid directly by the Third Party, but not including taxes when assessed on income derived ji - om such sales