Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued in that country will be paid to Ionis in the country in local currency by deposit in a local bank designated by Ionis, unless the Parties otherwise agree or are prevented from doing so by Applicable Law.
Appears in 3 contracts
Samples: Research Collaboration, Option and License Agreement (Praxis Precision Medicines, Inc.), Research Collaboration, Option and License Agreement (Praxis Precision Medicines, Inc.), Research Collaboration, Option and License Agreement (Praxis Precision Medicines, Inc.)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued in that country will be paid to Ionis in the country in local currency by deposit in a local bank designated by Ionis, unless the Parties otherwise agree or are prevented from doing so by Applicable Lawagree.
Appears in 3 contracts
Samples: Research Collaboration and License Agreement (Dynacure S.A.), License Agreement (Ionis Pharmaceuticals Inc), License Agreement (Akcea Therapeutics, Inc.)
Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued in that country will be paid to Ionis by Licensee in the country in local currency by deposit in a local bank designated by IonisPOZEN, unless the Parties otherwise agree or are prevented from doing so by Applicable Lawin writing.
Appears in 2 contracts
Samples: License Agreement (Pozen Inc /Nc), License Agreement (Pozen Inc /Nc)
