Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.
Appears in 4 contracts
Samples: Collaboration Agreement (Protein Design Labs Inc/De), Collaboration Agreement (Protein Design Labs Inc/De), Collaboration Agreement (Exelixis Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued arising from sales made in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving PartyArchemix, unless the Parties otherwise agree.
Appears in 4 contracts
Samples: Collaboration and License Agreement (ARCA Biopharma, Inc.), Collaboration and License Agreement (Nitromed Inc), Collaboration and License Agreement (Nuvelo Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, at the election of the Party paying royalties, royalties or profit share payments accrued in that country shall be paid to the receiving other Party in the country in local currency by deposit in a local bank designated by the receiving other Party, unless the Parties otherwise agree.
Appears in 3 contracts
Samples: Development and License Agreement (Aderis Pharmaceuticals Inc), Development and License Agreement (Aderis Pharmaceuticals Inc), Development and License Agreement (Aderis Pharmaceuticals Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country under such country’s applicable law, royalties or profit share payments accrued in that country shall be paid to the receiving a Party in the country in local currency by deposit in a local bank designated by the receiving such Party, unless the Parties otherwise agree.
Appears in 3 contracts
Samples: Collaborative Research and Development and License Agreement (Cempra Holdings, LLC), Collaborative Research and Development and License Agreement (Optimer Pharmaceuticals Inc), Collaborative Research and Development and License Agreement (Optimer Pharmaceuticals Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall be paid to the receiving Party payee in the country in local currency by deposit in a local bank designated by the receiving Partypayee, unless the Parties otherwise agree.
Appears in 3 contracts
Samples: Termination Agreement, Termination Agreement, Termination Agreement (Exelixis Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, at the election of the Commercializing Party, royalties or profit share payments accrued in that country shall be paid to the receiving Receiving Party in the country in local currency by deposit in a local bank designated by the receiving Receiving Party, unless the Parties otherwise agree.
Appears in 3 contracts
Samples: Collaboration Agreement (Signal Pharmaceuticals Inc), Collaboration Agreement (Signal Pharmaceuticals Inc), Collaboration Agreement (Signal Pharmaceuticals Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country under such country's applicable law, royalties or profit share payments accrued in that country shall be paid to the receiving a Party in the country in local currency by deposit in a local bank designated by the receiving such Party, unless the Parties otherwise agree.
Appears in 3 contracts
Samples: Collaborative Research and Development and License Agreement (Optimer Pharmaceuticals Inc), Collaborative Research and Development and License Agreement (Optimer Pharmaceuticals Inc), Collaborative Research and Development and License Agreement (Optimer Pharmaceuticals Inc)
Blocked Currency. In each country where the local currency is blocked by applicable law and cannot be removed from the country, at the election of the paying party, royalties or profit share payments accrued in that country shall be paid to the receiving Party party being paid in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agreepaid party.
Appears in 2 contracts
Samples: Collaborative Research and License Agreement (Icagen Inc), Collaborative Research and License Agreement (Icagen Inc)
Blocked Currency. In each country where the local currency is blocked by applicable law and cannot be removed from the such country, royalties or profit share payments accrued in that country shall be paid to the receiving Party to whom the royalties are due in the such country in local currency by deposit in a local bank designated by the receiving Party, unless Party to whom the Parties otherwise agreepayments are due.
Appears in 2 contracts
Samples: Collaborative Research and License Agreement (Icagen Inc), Collaborative Research and License Agreement (Icagen Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall will be paid to the receiving Party LICENSOR in the country in local currency by deposit in a local bank designated by the receiving PartyLICENSOR, unless the Parties parties otherwise agree.
Appears in 2 contracts
Samples: Exclusive Patent License Agreement (Aptorum Group LTD), Exclusive Patent License Agreement (Aptorum Group LTD)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, at the election of the selling Party, royalties or profit share payments accrued in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.
Appears in 2 contracts
Samples: Collaboration Agreement (Onyx Pharmaceuticals Inc), Collaboration Agreement (Onyx Pharmaceuticals Inc)
Blocked Currency. In each country where the local currency is blocked by applicable law and cannot be removed from the such country, royalties or profit share payments accrued in that country shall be paid to the receiving owed Party in the such country in local currency by deposit in a local bank designated by the receiving owed Party, unless the Parties otherwise agree.
Appears in 2 contracts
Samples: Collaboration and Cross License Agreement (Decode Genetics Inc), Research Collaboration and Cross License Agreement (Decode Genetics Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall be paid to the receiving Receiving Party in the country in local currency by deposit in a local bank designated by the receiving Receiving Party, unless the Parties otherwise agree.
Appears in 1 contract
Samples: Joint Development and Commercialization Agreement (Signal Pharmaceuticals Inc)
Blocked Currency. In each country where the local currency is blocked by applicable law and cannot be removed from the such country, royalties or profit share payments accrued in that country shall be paid to the receiving Party in the such country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agreeParty entitled to such payment.
Appears in 1 contract
Samples: Research Collaboration and Cross License Agreement (Decode Genetics Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued and profits arising from sales made in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.
Appears in 1 contract
Samples: Collaboration Agreement (Nuvelo Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.
Appears in 1 contract
Samples: Integrilin Agreement (Millennium Pharmaceuticals Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall will be paid to the receiving Party LICENSOR in the country in local currency by deposit in a local bank designated by the receiving PartyLICENSOR, unless the Parties PARTIES otherwise agree.
Appears in 1 contract
Samples: Exclusive Patent License Agreement (Aptorum Group LTD)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued Product Profits and Independent Profits arising from sales made in that country shall be paid to the receiving non-selling Party in the country in local currency by deposit in a local bank designated by the receiving such Party, unless the Parties otherwise agree.
Appears in 1 contract
Samples: Collaboration Agreement (Pharmaceutical Product Development Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.
Appears in 1 contract
Samples: Collaborative Development and Marketing Agreement (Dendreon Corp)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, at the election of the Party paying royalties, royalties or profit share payments accrued in that country shall be paid to the receiving other Party in the that country in local currency by deposit in a local bank designated by the receiving other Party, unless the Parties otherwise agree.
Appears in 1 contract
Samples: Collaboration and License Agreement (Cv Therapeutics Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued arising from sales made in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.
Appears in 1 contract
Samples: Collaboration Agreement (Nuvelo Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued arising from Net Sales made in that country shall will be paid to the receiving Party in the such country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agreeagree in writing.
Appears in 1 contract
Samples: Exclusive License Agreement (Bellicum Pharmaceuticals, Inc)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, at the election of the paying Party, royalties or profit share payments accrued in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.
Appears in 1 contract
Samples: Co Exclusive License and Supply Agreement (Epoch Biosciences Inc)
