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 U.S. dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency shall be required, such conversion shall be made at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which payments are payable as published by The Wall Street Journal, Western U.S. Edition, during the calendar quarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by the payee, unless otherwise specified by such payee.

Appears in 2 contracts

Samples: Development Agreement (Acadia Pharmaceuticals Inc), Development Agreement (Acadia Pharmaceuticals Inc)

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Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. With respect to each quarter, for countries other than the United States, whenever When conversion of payments from any foreign currency shall be is required, such conversion shall be made at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which payments the Percentage-Based Payments are payable as published by The Wall Street Journal, Western Eastern U.S. Edition, during the calendar quarter Calendar Quarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer in immediately available funds to a bank and account designated in writing by the payeeMaxim, unless otherwise specified in writing by such payeeMaxim.

Appears in 2 contracts

Samples: License and Collaboration Agreement (Myriad Pharmaceuticals, Inc.), License and Collaboration Agreement (Myriad Genetics Inc)

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. With respect to each quarter, for countries other than the United States, whenever When conversion of payments from any foreign currency shall be is required, such conversion shall be made at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which payments the Percentage-Based Payments are payable as published by The Wall Street Journal, Western Eastern U.S. Edition, during the calendar quarter Calendar Quarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer in immediately available funds to a bank and account designated in writing by the payeeACADIA, unless otherwise specified in writing by such payeeACADIA.

Appears in 1 contract

Samples: License, Option and Collaboration Agreement (Acadia Pharmaceuticals Inc)

Exchange Rate; Manner and Place of Payment. All payments to Optherion hereunder shall be payable in U.S. dollars. With respect to each quarter, for countries other than the United States, whenever When conversion of payments from any foreign currency shall be is required, such conversion shall be made at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which the payments are payable as published by The Wall Street Journal, Western U.S. Edition, during for the calendar quarter for Calendar Quarter in which a payment is duesuch sales were made. All payments owed to Optherion under this Agreement shall be made by wire transfer in immediately available funds to a bank and account designated in writing by the payeeOptherion, unless otherwise specified in writing by such payeeOptherion.

Appears in 1 contract

Samples: License Agreement (Sequenom Inc)

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Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. With respect to each quarter, for countries other than the United States, whenever When conversion of payments from any foreign currency shall be is required, such conversion shall be made at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which payments the royalties are payable as published by The the Wall Street Journal, Western U.S. EditionEastern Edition (or such other source agreed in writing by the parties), during the calendar quarter Calendar Quarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer in immediately available funds to a bank and account designated in writing by the payeeAstellas, unless otherwise specified in writing by such payeeAstellas.

Appears in 1 contract

Samples: License Agreement (Vical Inc)

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