definiens: shall mean, with respect to any Product, the gross invoiced sales of Product by Radius, itsAffiliates and their respective sublicensees to unrelated third parties ( in each case, who are not sublicensees)in the Territory for the sale or transfer for value of the applicable Product, less the following deductions to theextent included in the gross invoiced sales price for Product or otherwise directly paid or incurred by Radius, its Affiliates or their respective sublicensees with respect to the sale of Product : ( i ) discounts, credits, rebates, allowances, adjustments, rejections, recalls and returns ; ( ii ) price reductions or rebates, retroactive or otherwise, imposed by government authorities ; ( iii ) sales, excise, turnover, value - added, and similar taxes assessed on the royalty - bearing sale ofProduct ( but excluding Radius net income taxes ) ; ( iv ) transportation, importation and insurance directly chargeable to the royalty - bearing sale of Product;and ( v ) chargebacks granted to drug wholesalers based upon sales to their customers where there are nodirect shipments to such customers by Radius