Currency and Conversion. Subject to the provisions set forth below in this Section 5.1, all payments under this Agreement shall be in US Dollars except for royalty payments with respect to Net Sales made in ROW, which shall be made in Euros. As regards Net Sales in United States of America, Licensee shall calculate Net Sales and calculate and pay corresponding royalties in US Dollars. Whenever calculations of Net Sales or royalties require conversion from any currency into Euros, Licensee shall convert into Euros the amount of Gross Sales and Net Sales, using the [ ]* exchange rates (as published in the Wall Street Journal European Edition or if no longer available any other sources mutually-agreed by the Parties) of the last working day of each applicable Accounting Period.
Currency and Conversion. All payments under this Agreement shall be in Euros except the milestone payments indicated in 3.1 to be in US Dollars as well as royalty payments referred to in this Article 5.1 with respect to Net Sales in the USA. Calculation of Net Sales and royalties by Nuvios: With respect to the USA: For the purpose of the royalty calculation for the USA, Nuvios shall calculate Net Sales and calculate and pay corresponding royalties in USD. * Confidential Treatment Requested by the Registrant. Redacted Portion Filed Separately with the Commission.
Currency and Conversion. (a) All payments under this Agreement shall be in U.S. Dollars by wire transfer of immediately available funds in accordance with instruction or instructions from the Party being paid.
(b) Whenever calculation of Net Sales requires conversion from any foreign currency, Roche shall convert the amount of Net Sales in foreign currencies as computed in Roche's central Swiss Francs Sales Statistics for the countries concerned, using for internal foreign currency translation Roche's then current standard practices actually used on a consistent basis in preparing its audited financial statements.
(c) For sublicensees in a country, when calculating the Net Sales, the sublicensee shall report to Roche the amount of such sales within thirty (30) days from the end of the reporting period, after having converted each applicable monthly sales in foreign currency into Swiss Francs using the average rate of exchange published in the Wall Street Journal (or some other source agreed upon by the Parties for any particular country) for each respective month of the reporting period.
Currency and Conversion. All payments made under this Agreement shall be in United States dollars. With respect to any payment based on Net Sales Revenue made in a currency other than U.S. dollars, S&N shall convert such Net Sales Revenue to U.S. dollars using the applicable average rate of exchange for U.S. dollars for the prior quarter quoted as local currency per US $1, published in The Financial Times (London edition).
Currency and Conversion. All payments under this Agreement shall be in Swiss Francs. For the purpose of computing Net Sales for Product sold in a currency other than Swiss Francs, Roche shall convert the amount of Net Sales in foreign currencies as computed in accordance with Roche's then current standard practices.
Currency and Conversion. Except where otherwise stated, all references to currency herein are expressed in Canadian Dollars. For the purposes of converting US dollars into Canadian dollars as required for the purposes of this Debenture, the daily exchange rate as published on the Bank of Canada website on the date of conversion of the Debenture or other applicable date shall be used for this purpose.
Currency and Conversion. All references to “$” or “dollars” in this Agreement shall be to the lawful currency of the United States of America. To the extent any Claimed Amount or other obligation set out herein is in lawful currency other than dollars, such amount shall be converted to dollars using the conversion rate set forth by the Royal Bank of Canada.
Currency and Conversion. (a) All payments under this Agreement shall be in U.S. Dollars by wire transfer of immediately available funds in accordance with instruction or instructions from the Party being paid.
(b) Whenever calculation of Net Sales or any other payment pursuant to this Agreement requires conversion from any foreign currency, Roche shall convert the amount of Net Sales or any other payment pursuant to this Agreement in foreign currencies as computed in Roche’s central Swiss Francs Sales Statistics for the countries concerned, using for internal foreign currency translation Roche’s then current standard practices actually used on a consistent basis in preparing its audited financial statements.
(c) For sublicensees in a country, when calculating the Net Sales, the sublicensee shall report to Roche the amount of such sales within thirty (30) days from the end of the reporting period, after having converted each applicable monthly sales in foreign currency into Swiss Francs using the average rate of exchange published in the Wall Street Journal (or some other source agreed upon by the Parties for any particular country) for each respective month of the reporting period.
Currency and Conversion. Except where otherwise stated, all references to currency herein are expressed in United States Dollars.
Currency and Conversion. All payments made pursuant to this Agreement shall be made in United States dollars. Where conversion from a local currency to United States currency is necessary for payment, all royalties and receipts for the period for which payment is made shall be converted as of the exchange rate applicable as of the last day of the period to which payment relates. Licensee agrees to bear any costs of conversion.
