definiens: Net Sales " means the gross billings for the sale to a Third Pa rty ofLicensed Product in finished product form made by [COMPANY], it s Affiliates or sublicensees, asapplicable, less the following deductions:(i ) amounts repaid or credited by reason of timely rejection s orretUrns;(il ) taxes, excises or other governmental charges ( other th an incometaxes ) upon or measured by the production, sale, transporta tion, delivery or use of goods;(iii ) transportation and delivery charges actually incurr ed, includingshipping insurance ; and(iv ) normal and customary trade, cash and quantity discount saOOallowances granted 10Third Parties, including mandatory rebates to governmenta l agencies, butexpressly excluding discounts or allowances offered as par t of a pachge of Licensed Productsand oilier products sold by [COMPANY], iis Affiliates or sublic ensees