Common use of Exchange Rate; Manner and Place of Payment Clause in Contracts

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in United States dollars. With respect to each quarter, for countries other than the United States, whenever conversion of Net Sales from any foreign currency shall be required, such conversion shall be made using the exchange rate in effect on the last day of business for a given calendar quarter in which the Net Sales are made, as published by Reuters. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by the Party entitled to receive such payment, unless otherwise specified by such Party.

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in United States dollars. With respect to each quarter, for countries other than the United States, whenever conversion of Net Sales from any foreign currency shall be required, such conversion shall be made using the average exchange rate in effect on the last day of business for a given calendar quarter in which the Net Sales are made, as published by Reuters. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by the Party entitled to receive such payment, unless otherwise specified by such Party.

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in United States U.S. dollars. With respect to each quarter, for countries other than the United States, whenever When conversion of Net Sales payments from any foreign currency shall be requiredis required for purposes of calculating Net Sales, such conversion shall be made using at the exchange rate used by CombinatoRx throughout its accounting system (which shall, in effect on any event, be commercially reasonable) during the last day of business quarter for a given calendar quarter in which the Net Sales are made, as published by Reuterssuch report is due. All payments owed under this Agreement shall be made by check or by wire transfer in immediately available funds to a bank and account designated in writing by the Party party entitled to receive such payment, unless otherwise specified in writing by such Partyparty.