Biosearch Net Sales

Biosearch Net Sales. Shall mean the amount invoiced for sales of a Licensed Product other than a Topical Product in final dosage form by Biosearch, its Affiliates or its licensees to a Third Party end user, less (i) discounts, including cash discounts, or rebates (including government-mandated rebates), retroactive price reductions or allowances actually allowed or granted from the billed amount, (ii) credits or allowances actually granted upon claims, rejections or returns of such Licensed Products, including... recalls, (iii) freight, postage, shipping and insurance charges paid for delivery of such Licensed Product, to the extent billed, and (iv) taxes, duties or other governmental charges levied on or measured by the billing amount when included in billing, as adjusted for rebates and refunds. View More