Common use of Currency; Exchange Rate Clause in Contracts

Currency; Exchange Rate. All payments to be made under this Agreement will be made in US Dollars by bank wire transfer in immediately available funds to a bank account designated by written notice from the receiving Party. When conversion of payments from any foreign currency is required, such conversion will be at an exchange rate equal to the average of the daily rates of exchange for the currency of the country from which such payments are payable as published by The Wall Street Journal, Western U.S. Edition during the quarter for which a payment is due.

Appears in 4 contracts

Samples: Exclusive License Agreement (Relief Therapeutics Holding SA), Exclusive License Agreement (Acer Therapeutics Inc.), Collaboration and License Agreement (Relief Therapeutics Holding SA)

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Currency; Exchange Rate. All payments to be made under this Agreement will shall be made in US Dollars by bank wire transfer in immediately available funds to a bank account designated by written notice from the receiving Party. When conversion The rate of payments from any foreign exchange to be used in computing the amount of currency is required, such conversion will equivalent in US Dollars shall be made at an exchange rate equal to the average of the daily closing exchange rates of exchange for the currency of the country from which such payments are payable as published by reported in The Wall Street JournalJournal (U.S., Western U.S. Edition during Eastern Edition) on the quarter for which a payment is duedue date of the payment.

Appears in 2 contracts

Samples: Cd38 Product Collaboration Agreement (I-Mab), Cd38 Product Collaboration Agreement (I-Mab)

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Currency; Exchange Rate. All payments to be made under this Agreement will shall be made in US Dollars by bank wire transfer in immediately available funds to a bank account designated by written notice from the Party receiving Partythe payment. When conversion The rate of payments from any foreign exchange to be used in computing the amount of currency is required, such conversion will equivalent in Dollars shall be made at an exchange rate equal to the average of the daily closing exchange rates of exchange for the currency of the country from which such payments are payable as published by reported in The Wall Street JournalJournal (U.S., Western U.S. Edition during Eastern Edition) for the quarter first, middle and last business days of the applicable reporting period for which a the payment is due.

Appears in 1 contract

Samples: License Agreement (Genelux Corp)

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