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 on Net Sales in that country shall be paid in the equivalent amount in Dollars.

Appears in 3 contracts

Samples: License Agreement (Precision Biosciences Inc), License Agreement (Tg Therapeutics, Inc.), License Agreement (Precision Biosciences Inc)

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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 will be paid in the equivalent amount in DollarsU.S. dollars.

Appears in 2 contracts

Samples: Collaboration Agreement (Unum Therapeutics, Inc.), Collaboration Agreement (Unum Therapeutics, Inc.)

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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 Medivation in the equivalent amount in DollarsU.S. dollars.

Appears in 2 contracts

Samples: Collaboration Agreement (Medivation, Inc.), Collaboration Agreement (Medivation, Inc.)

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