definiens: means the aggregate equivalent of gross sales received by Buyer, its Affiliates or sublicensees from or on account of the sale of the Product to non -affiliate d third parties on which payments are due under this Agreement, less ( i ) credits or allowances, if any, actually granted on account of cash or trade discounts, 2 < PAGE > recalls, rebates, rejection or return of the Product previously sold, and ( ii ) excises, sales taxes, value added taxes, consumptions taxes, duties or other taxes imposed upon and paid with respect to such sales ( excluding income or franchise taxes of any kind ) . Net Sales shall not include any transfer between Buyer and any of its Affiliates or sublicensees for resale . No transfer of the Product for test or development purposes or as free samples shall be considered a sale hereunder for accounting and payment purposes . Net Sales shall be determined in acco rdance with generally accepted accounting principles ( )