Common use of Currency, Place of Payment, Interest Clause in Contracts

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. (a) All dollar amounts referred to in this Agreement are 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 -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 York. 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 1.51% 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. (a) All dollar amounts referred to in this Agreement are 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 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 York. These exchange rates are published at xxx.xxxxxxxxxxxxxx.xxx/xxxxxxxx/X00/xxxxwww.federalreserve.gov/releases/H10/hist. (c) Amounts that are not paid when due shall accrue interest thax xxx xxx xxxx xxxx xxx xxxxx xxxxxx xxxerest from the due date until paid, at an annual rate equal to the lesser of (i) Prime Rate plus 1.51% as published at xxx.xxxxxxxxxxxxxx.xxx/xxxxxxxx/X00/xxxxxx www.federalreserve.gov/releases/H15/update under the caption “"Bank Prime Loan” Pxxxx Xxxx." Xxxxxxxxxx xxxxx xxx xxxxxxxxx at www.federalreserve.gov/releases/H15/data.htm. * Confidential inxxxxxxxxx xxx xxxx xxxxxxx xxx xxxxx xxxxxxxntially with the Securities and (ii) the maximum rate allowed by applicable law. Historical rates are published at xxx.xxxxxxxxxxxxxx.xxx/xxxxxxxx/X00/xxxx.xxxExchange Commission.

Currency, Place of Payment, Interest. (a) All dollar amounts referred to in this Agreement are 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 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 York. 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 1.51% 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. ** CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND WILL BE FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A CONFIDENTIAL TREATMENT REQUEST.

Currency, Place of Payment, Interest. (a) All dollar amounts referred to in this Agreement are 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 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 York. 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 1.51% 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. * Confidential information has been omitted and filed confidentially with the Securities and Exchange Commission.