Common use of Allowable Deductions Clause in Contracts

Allowable Deductions. When factually applicable, the following deductions may be deducted from gross ▇▇▇▇▇▇▇▇ as determined above: (a) rebates, volume, quantity, trade or cash discounts, allowed and taken, in amounts customary in the trade; (b) sales taxes and/or use taxes and/or duties imposed upon, and with specific reference to, particular SALES to the extent included in the amount of gross ▇▇▇▇▇▇▇▇; (c) amounts allowed or credited on returns, rejections or recalls, voluntary or otherwise (not exceeding the original gross ▇▇▇▇▇▇▇▇); and (d) charges for freight, freight allowances, and outbound transportation costs prepaid to the extent included in gross ▇▇▇▇▇▇▇▇. No other allowance or deduction shall be made including without limitation allowances or deductions for any commissions or sales fees by whatever name known.

Allowable Deductions. When factually applicable, the following deductions may be deducted from gross actual ▇▇▇▇▇▇▇▇ as determined above: (a) rebates, volume, quantity, trade or cash discounts, allowed and taken, in amounts customary in the trade; (b) sales taxes and/or use taxes and/or duties imposed upon, and with specific reference to, particular SALES to the extent included in the amount of gross actual ▇▇▇▇▇▇▇▇; (c) amounts allowed or credited on returns, rejections or recalls, voluntary or otherwise (not exceeding the original gross ▇▇▇▇▇▇▇▇billing); and (d) charges for freight, freight allowances, and outbound transportation costs prepaid to the extent included in gross such actual ▇▇▇▇▇▇▇▇. No other allowance or deduction shall be made including without limitation allowances or deductions for any commissions or sales fees by whatever name known.