Currency; Exchange Rate. All payments to be made by Buyer to Seller under this Agreement shall be made in U.S. dollars by bank wire transfer in immediately available funds to a bank account designated by Seller. The rate of exchange to be used in computing the amount of currency equivalent of Net Sales in U.S. dollars shall be made at the closing exchange rate reported in The Wall Street Journal (U.S., Eastern Edition) on the last Business Day of the applicable reporting period for the payment due.
Appears in 3 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Medivation, Inc.), Asset Purchase Agreement (Biomarin Pharmaceutical Inc)
Currency; Exchange Rate. All payments to be made by Buyer Purchaser to Seller under this Agreement shall will be made in U.S. dollars by bank wire electronic funds transfer in immediately available funds to a bank account designated in writing by Seller. The rate of exchange to be used in computing the amount of currency equivalent Conversion of Net Sales recorded in local currencies will be converted to U.S. dollars shall be made Dollars at the closing exchange rate reported set forth in The Wall Street Journal (U.S., Eastern Edition) on or any successor thereto for the last Business Day day of the calendar quarter in which the applicable reporting period for the payment dueobligation became due and payable.
Appears in 1 contract
Samples: Asset Purchase Agreement (Forma Therapeutics Holdings, Inc.,)
