definiens: means the gross amount invoiced for the Product s old by I - MAB or its Related Parties, in the Territory initially and directly to Third Parties which are not Related Parties after deducting, if not previously deducted, from the amount invoiced, the following, in each case to the extent included in t he gross invoice price : ( a ) reasonable trade, quantity and cash discount s and rebates ( including wholesaler inventory management fees ), chargebacks, and retroactive pric e reductions or allowances actually allowed or gran ted from the billed amount ; ( b ) credits or allowances actually granted upon claims, rejections or returns of such sales of the Product, including recalls and amounts credited or repaid because of retroactive price reductions spec ifically identifiable to the Product ; ( c ) taxes imposed on the production, sale, impor t, delivery or use of the Product ( including sales, use, excise or value added taxes but excluding inco me taxes ), duties or other governmental charges ( in cluding charges for product testing required for importatio n ) levied on or measured by the billing amount when included in billing, as adjusted for rebates and refunds ; an d 12 ( d ) costs incurred for importing ( including tran sportation, freight and insurance, and warehousing in the Territory ) ; ( e ) rebates or discounts on sales of Products gi ven to health insurance and other types of payers in any given country of the Territory due to specif ic agreement ( type of agreements ) with respect to the Products ; and ( f ) the actual amount of any write - offs for bad debt in accordance with standard practices for writing off uncollectible amounts consistently appl ied ; provided with respect to such write - off that ( i ) any deduction taken pursuant to this Section 1.101(f ) m ay not exceed [ * * * ] ( [ * * * ] % ) of Net Sales in any gi ven Calendar Quarter and ( ii ) an amount subsequently re covered or reversed with respect to such write - off will be treated as Net Sales in the quarter in which it is recovered or reversed