Currency, Place of Payment, Interest Sample Clauses

Currency, Place of Payment, Interest. (a) All dollar amounts referred to in this Agreement are expressed in United States dollars. All payments to UM under this Agreement shall be made in United States dollars (or other legal currency of the United States), as directed by UM, by check payable to the University of Mississippi” or by wire transfer to an account as UM may designate from time to time. (b) If Licensee receives revenues from sales of Products in a currency other than United States dollars, royalties shall be converted into United States dollars at the applicable conversion rate for the foreign currency as published in the “Exchange Rates” table in the eastern edition of The Wall Street Journal as of the last date of the Calendar Quarter. (c) Amounts that are not paid when due shall accrue interest-from the due date until paid, at an annual rate equal to the “Prime Rate” plus 2% as published in the “Money Rates” table in the eastern edition of The Wall Street Journal as of the due date.

Currency, Place of Payment, Interest. (a) All dollar amounts referred to in this Agreement shall be expressed in United States dollars. All payments to the Licensor under this Agreement shall be made in United States dollars, as directed by the Licensor, by wire transfer to the Licensor or in such other manner as the Licensor may designate from time to time. (b) If Licensee receives revenues from sales of Products in a currency other than United States dollars, royalties shall be converted into United States dollars at a quarterly conversion rate for each foreign currency calculated as the average of the conversion rate for such currency published in the Exchange Rates table in the eastern edition of the Wall Street Journal for the first business day of each month of the quarter. (c) Amounts that are not paid when due shall accrue interest from the due date until paid, at an annual rate equal to the Prime Rate plus 1% as published in the eastern edition of the Wall Street Journal as of the due date. The Licensor may treat unpaid payments as a breach of this Agreement in a manner consistent with Article XI notwithstanding the payment of interest.

Currency, Place of Payment, Interest. (a) All dollar amounts referred to in this Agreement are in United States dollars. All payments to the Licensor under this Agreement shall be made in United States dollars, as directed by the Licensor, by wire transfer to the Licensor or in such other manner as the Licensor may designate from time to time. (b) If Licensee receives revenues from sales of Products in a currency other than United States dollars, royalties shall be converted into United States dollars at a quarterly conversion rate for each foreign currency calculated as the daily average of the noon buying rate in New York City for cable transfers in foreign currencies as certified for customs purposes by the Federal Reserve Bank in New York as these exchange rates are published at xxx.xxxxxxxxxxxxxx.xxx/xxxxxxxx/X00/xxxx. (c) Amounts that are not paid when due shall accrue interest from the due date until paid, at an annual rate equal to the lesser of (i) Prime Rate plus 1.5% as published at xxx.xxxxxxxxxxxxxx.xxx/xxxxxxxx/X00/xxxxxx under the caption “Bank Prime Loan” and (ii) the maximum rate allowed by applicable law. Historical rates are published at xxx.xxxxxxxxxxxxxx.xxx/xxxxxxxx/X00/xxxx.xxx.

Currency, Place of Payment, Interest. 3.6.1 All dollar amounts referred to in this Agreement are expressed in United States dollars. All payments to GSK under this Agreement must be made in United States dollars. 3.6.2 If ReGenX receives revenues from the sale of Licensed Product in currency other than United States dollars, revenues shall be converted into United States dollars at the conversion rate used by GSK in producing its quarterly and annual accounts, as confirmed by GSK’s auditors. If government regulations prevent remittances from a foreign country with respect to sale made in that country, the obligation to pay royalties on the sale in that country shall be suspended until such remittances are possible. 3.6.3 Notwithstanding anything herein to the contrary, in the event that any amounts due under the terms of this Agreement may be passed on by GSK to Penn or otherwise are ultimately payable to Penn under the terms of this Agreement, the Penn License Agreement or any step-through or other agreement entered into by ReGenX and Penn, ReGenX shall have the right to make such payment directly to Penn and deduct any such amounts from fees due to GSK (as applicable) hereunder.

Currency, Place of Payment, Interest. 4.5.1 All dollar amounts referred to in this Agreement are expressed in United States dollars. All payments to Penn under this Agreement shall be made in United States dollars by check payable to “The Trustees of the University of Pennsylvania.” 4.5.2 If Targeted, a Covered Affiliate, or their sublicensee receives revenues from Sales of Penn Licensed Products in currency other than United States dollars, revenues shall be converted into United States dollars at the conversion rate for the foreign currency as published in the eastern edition of The Wall Street Journal as of the last business day of the applicable Calendar Quarter. 4.5.3 Amounts that are not paid when due shall accrue interest from the due date until paid, at a rate equal to one and one quarter percent (1.25%) per month (or the maximum allowed by law, if less).

Currency, Place of Payment, Interest. 3.5.1 All dollar amounts referred to in this AGREEMENT are expressed in United States dollars. All payments to PENN under this AGREEMENT must be made in United States dollars by check payable to "The Trustees of the University of Pennsylvania." If ADEZA receives revenues from SALES of any PENN LICENSED PRODUCT or any PENN LICENSED SERVICE in currency other than United States dollars, revenues shall be converted into United States dollars at the conversion rate for the foreign currency as published in the eastern edition of The Wall Street Journal as of the last business day of the applicable six (6) month period, starting on January 1 or July 1, in which the royalty accrued. 3.5.2 Amounts that are not paid when due shall accrue interest from the due date until paid, at a rate equal to one and one-half percent (1.5%) per month (or the maximum allowed by law, if less).

Currency, Place of Payment, Interest. (a) All dollar amounts referred to in this Agreement are expressed in United States dollars. All payments to the University under this Agreement shall be made in United States dollars (or other legal currency of the United States) by check payable to "The Trustees of the University of Pennsylvania." (b) If Licensee receives revenues from sales of Licensed Products in a currency other than United States dollars, royalties shall be converted into United States dollars at the conversion rate for the foreign currency as published in the eastern edition of The Wall Street Journal as of the last date of the Calendar Quarter. If at any time legal restrictions prevent the prompt remittance of part or all royalties by Licensee or any sublicensee with respect to any country where a Licensed Product is sold, Licensee or such sublicensee shall have the right and option to make such payments by depositing the amount thereof in local currency to the University's account in a bank or other depository in such country; provided, however, that if such legal restrictions are not removed within one (1) year after the date such account is established, Licensee then shall remit promptly to the University an amount in United States dollars equal to the deferred royalties held in such account. Upon receipt of these deferred royalties by the University, Licensee shall be entitled to transfer to its own account all corresponding amounts held on behalf of the University in the local bank or depository. (c) Amounts that are not paid when due shall accrue interest from the due date until paid, at a rate equal to the lesser of the prime rate as published in the eastern edition of The Wall Street Journal as of the last date of the Calendar Quarter when such amounts become due, plus two percent (2%), or the maximum interest rate allowed by applicable law. The University may treat unpaid payments as a breach of this Agreement in accordance with Section 9.2(a)(i) hereof notwithstanding the payment of interest.

Currency, Place of Payment, Interest. 3.4.1 All dollar amounts referred to in this AGREEMENT are expressed in United States dollars. All payments to PENN under this AGREEMENT shall be made in United States dollars by check payable to "The Trustees of the University of Pennsylvania." 3.4.2 If LICENSEE receives revenues from SALES of PENN LICENSED PRODUCTS in currency other than United States dollars, revenues shall be converted into United States dollars at the conversion rate for the foreign currency as published in the eastern edition of The Wall Street Journal as of the last business day of the applicable CALENDAR QUARTER. 3.4.3 Amounts that are not paid when due shall accrue interest from the due date until paid, at an annual rate equal to the prime rate as designated by LICENSEE'S principal lender plus two percent (2%) (or the maximum allowed by law, if less).

Currency, Place of Payment, Interest. (a) All dollar amounts referred to in this Agreement are expressed in United States dollars. All payments to the University under this Agreement shall be made in United States dollars (or other legal currency of the United States), as directed by the University of Delaware, by check payable to The University of Delaware at the address set forth in section 11.5, or by wire transfer to such account as the University of Delaware may designate from time to time. (b) If Licensee receives revenues from sales of Products in a currency other than United States dollars, royalties shall be converted into United States dollars at the applicable conversion rate for the foreign currency as published in the "Exchange Rates" table in the eastern edition of The Wall Street Journal as of the last date of the Calendar Quarter. (c) Amounts that are not paid when due shall accrue interest-from the due date until paid, at a rate equal to the "Prime Rate" as published in the "Money Rates" table in the eastern edition of The Wall Street Journal as of the due date.

Currency, Place of Payment, Interest. 3.5.1 All dollar amounts referred to in this AGREEMENT are expressed in United States dollars. All payments to PENN under this AGREEMENT shall be made in United States dollars by check payable to "The Trustees of the University of Pennsylvania." License Agreement (I)--Apollon/Penn 2 December 1994 version 3.5.2 If APOLLON receives revenues from SALES of PENN LICENSED PRODUCTS in currency other than United States dollars, revenues shall be converted into United States dollars at the conversion rate for the foreign currency as published in the eastern edition of THE WALL STREET JOURNAL as of the last business day of the applicable CALENDAR QUARTER. 3.5.3 Amounts that are not paid when due shall accrue interest from the due date until paid, at a rate equal to one and one-half percent (1.5%) per month (or the maximum allowed by law, if less).