Currency and conversion rate Sample Clauses
Currency and conversion rate. All payments contemplated herein shall be effected in the lawful currency of the United States of America, at the address designated by either party from time to time. For the purpose of calculating the Sales Proportion, the sales that are not made in United States dollars will be converted into United States dollars based on the average monthly closing rate for the period of the sales as reported by the Chase Manhattan Bank for the conversion of such foreign currencies into United States dollars. In addition, all amounts payable by Licensor to a third party in currency other than United States dollars shall be converted into United States dollars based on the noon rate as reported by the Chase Manhattan Bank for the conversion of such foreign currencies into United States dollars on the date such amount is paid by Licensor.
Currency and conversion rate. All amounts due hereunder shall be paid in the lawful currency of the United States of America, at the address designated by either party from time to time. If any amounts are expressed in a foreign currency, such amount shall be converted at the noon rate as reported by the Royal Bank of Canada for the conversion of such foreign currencies into U.S. dollars on the due date of such amounts.
Currency and conversion rate. All payments contemplated herein shall be effected in the currency of the United States of America, at the address designated by either party from time to time. For the purpose of calculating any amount of sales or accounts receivable, the amounts which are not in United States dollars will be converted into United States dollars based on the average monthly closing rate for the period of sales or of the accounts receivable as reported by the Chase Manhattan Bank, for the conversion of such foreign currency into United States dollars.