Common use of Blocked Countries Clause in Contracts

Blocked Countries. If by reason of law Roche is unable to convert to U.S. Dollars a portion of the amount due by Roche under this Agreement, then Roche shall notify Memory in writing and, upon written request from Memory, Roche shall pay to Memory such portion, in the currency of any other country designated by Memory and legally available to Roche.

Appears in 5 contracts

Samples: Strategic Alliance Agreement (Memory Pharmaceuticals Corp), Strategic Alliance Agreement (Memory Pharmaceuticals Corp), Collaboration and License Agreement (Memory Pharmaceuticals Corp)

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Blocked Countries. If by reason of law Roche Memory is unable to convert to U.S. Dollars a portion of the amount due by Roche Memory under this Agreement, then Roche Memory shall notify Memory Roche in writing and, upon written request from MemoryRoche, Roche Memory shall pay to Memory Roche such portion, in the currency of any other country designated by Memory Roche and legally available to RocheMemory.

Appears in 1 contract

Samples: Collaboration and License Agreement (Memory Pharmaceuticals Corp)

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