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

Exchange Rate; Manner and Place of Payment. Except for the Closing Stock Payment and the Milestone Stock 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 the rate of exchange used throughout the accounting system of Purchaser and its Affiliates for such quarter. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by Seller, unless otherwise specified in writing by Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (MEI Pharma, Inc.), Asset Purchase Agreement (MEI Pharma, Inc.)

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Exchange Rate; Manner and Place of Payment. Except for the Closing Stock Payment and the Milestone Stock Payment, all All payments hereunder shall be payable in U.S. United States 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 the rate of exchange used throughout reported in The Wall Street Journal on the accounting system last business day of Purchaser and its Affiliates for such the applicable calendar quarter. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by SellerAtrix, unless otherwise specified in writing by SellerAtrix.

Appears in 2 contracts

Samples: License and Supply Agreement (Atrix Laboratories Inc), And Supply Agreement (QLT Inc/Bc)

Exchange Rate; Manner and Place of Payment. Except for the Closing Stock Payment and the Milestone Stock Payment, all All payments hereunder shall be payable in U.S. United States 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 the rate of exchange used throughout reported in The Wall Street Journal on the accounting system last business day of Purchaser and its Affiliates for such quarter. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by SellerAtrix, unless otherwise specified in writing by SellerAtrix.

Appears in 1 contract

Samples: Development and Supply Agreement (Atrix Laboratories Inc)

Exchange Rate; Manner and Place of Payment. Except for the Closing Stock Payment and the Milestone Stock Payment, all 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 royalty payments from any foreign currency shall be required, such conversion shall be made at the rate of exchange used by SEI throughout the its accounting system of Purchaser and its Affiliates for such quarter. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by SellerXxxxx, unless otherwise specified in writing by SellerXxxxx.

Appears in 1 contract

Samples: Royalty Agreement (Spinal Elements Holdings, Inc.)

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Exchange Rate; Manner and Place of Payment. Except for the Closing Stock Payment and the Milestone Stock Payment, all 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 calculated using the rate of same exchange used throughout rate(s) that the accounting system of Purchaser and payor uses for its Affiliates for such quarterown U.S. dollar financial statement reporting purposes prepared in accordance with GAAP. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by Sellerthe payee, unless otherwise specified in writing by Sellersuch payee.

Appears in 1 contract

Samples: And License Agreement (Acadia Pharmaceuticals Inc)

Exchange Rate; Manner and Place of Payment. Except for the Closing Stock Payment and the Milestone Stock Payment, all 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 the rate of exchange used throughout reported in The Wall Street Journal, Western Edition, on the accounting system last business day of Purchaser and its Affiliates for such the applicable quarter. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by SellerRestoragen, unless otherwise specified in writing by SellerRestoragen.

Appears in 1 contract

Samples: Asset Purchase and License Agreement (Restoragen Inc)

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