Common use of Blocked Currency Clause in Contracts

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued in that country shall be paid to the payee in the country in local currency by deposit in a local bank designated by the payee, unless the Parties otherwise agree.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued on Net Sales in that country shall be paid to the payee in the country equivalent amount in local currency by deposit in a local bank designated by the payee, unless the Parties otherwise agreeDollars.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued in that country shall will be paid to the payee LICENSOR in the country in local currency by deposit in a local bank designated by the payeeLICENSOR, unless the Parties parties otherwise agree.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued in that country shall be paid to the payee Corgentech in the country in local currency by deposit in a local bank designated by the payeeCorgentech, unless the Parties otherwise agree.

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 accrued in that country shall be paid to the payee receiving Party in the country in local currency by deposit in a local bank designated by the payee, unless the Parties otherwise agreereceiving Party.

Blocked Currency. In each country where the local currency is blocked by applicable law and cannot be removed from the such country, royalties accrued in that country shall be paid to the payee owed Party in the such country in local currency by deposit in a local bank designated by the payee, unless the Parties otherwise agreeowed Party.

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 accrued in that country shall be paid to the payee a Party in the country in local currency by deposit in a local bank designated by the payeesuch Party, unless the Parties otherwise agree.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued in that country shall be paid to the payee Rigel in the country in local currency by deposit in a local bank designated by the payeeRigel, unless the Parties otherwise agree.

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 accrued in that country shall be paid to the payee party being paid in the country in local currency by deposit in a local bank designated by the payee, unless the Parties otherwise agreepaid party.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued in that country shall will be paid to the payee by Licensee in the country in local currency by deposit in a local bank designated by the payeePOZEN, unless the Parties otherwise agreeagree in writing.

Blocked Currency. In each country where the local currency is blocked by applicable law and cannot be removed from the such country, royalties accrued in that country shall be paid to the payee Party to whom the royalties are due in the such country in local currency by deposit in a local bank designated by the payee, unless Party to whom the Parties otherwise agreepayments are due.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued in that country shall be paid to the payee Nuvelo and Affymetrix in the country in local currency by deposit in a local bank designated by the payeeNuvelo and Affymetrix, unless the Parties otherwise agree.

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 accrued in that country shall be paid to the payee Licensor in the country in local currency by deposit in a local bank designated by the payeeLicensor, unless the Parties otherwise agree.

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 accrued in that country shall be paid to the payee other Party in the that country in local currency by deposit in a local bank designated by the payee, unless the Parties otherwise agreeother Party.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued in that country shall be paid to the payee receiving Party in the country in local currency by deposit in a local bank designated by the payee, unless the Parties otherwise agreereceiving Party.

Blocked Currency. In each country where the local currency is blocked by applicable law and cannot be removed from the such country, royalties accrued in that country shall be paid to the payee in the such country in local currency by deposit in a local bank designated by the payee, unless the Parties otherwise agreeParty entitled to such payment.

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 accrued in that country shall be paid to the payee a Party in the country in local currency by deposit in a local bank designated by the payeesuch Party, unless the Parties otherwise agree. [*] Confidential treatment requested; certain information omitted and filed separately with the SEC.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued in that country shall will be paid to the payee LICENSOR in the country in local currency by deposit in a local bank designated by the payeeLICENSOR, unless the Parties PARTIES otherwise agree.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued arising from sales made in that country shall be paid to the payee receiving Party in the country in local currency by deposit in a local bank designated by the payeereceiving Party, unless the Parties otherwise agree.