Exchange Rate. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars owed to a Party under this Agreement shall be equal to the weighted average exchange rate, over the applicable Calendar Quarter, between each currency of origin and U.S. Dollars as reported by OANDA (xxx.xxxxx.xxx), or an equivalent resource as agreed by the Parties, on the last Business Day of the Calendar Quarter in which the applicable Net Sales were made.
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Samples: License and Collaboration Agreement (Ultragenyx Pharmaceutical Inc.), Common Stock Purchase Agreement (Ultragenyx Pharmaceutical Inc.), Common Stock Purchase Agreement (Ultragenyx Pharmaceutical Inc.)
Exchange Rate. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars owed to a Party under this Agreement shall be equal to the weighted monthly average exchange rate, over the applicable Calendar Quarter, rate between each currency of origin and U.S. Dollars as reported by OANDA The Wall Street Journal East Coast Edition. The monthly average exchange rate shall be the average of (xxx.xxxxx.xxx), or an equivalent resource as agreed by i) the Parties, exchange rate published on the last Business Day day of the Calendar Quarter in which month; and (ii) the applicable Net Sales were madeexchange rate published on the last day of the preceding month.
Appears in 2 contracts
Samples: License Agreement (Phathom Pharmaceuticals, Inc.), License Agreement (Phathom Pharmaceuticals, Inc.)
Exchange Rate. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars owed to a Party under this Agreement shall be equal to the weighted monthly average exchange rate, over the applicable Calendar Quarter, rate between each currency of origin and U.S. Dollars as reported by OANDA (xxx.xxxxx.xxx)Bloomberg, Oanda or an equivalent resource as agreed by the Parties, on the last Business Day of the Calendar Quarter in which the applicable Net Sales were made.
Appears in 2 contracts
Samples: License and Collaboration Agreement (Ovid Therapeutics Inc.), License and Collaboration Agreement (Ovid Therapeutics Inc.)
Exchange Rate. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars owed to a Party under this Agreement shall be equal to the weighted average exchange rate, over the applicable Calendar Quarter, rate between each currency of origin and U.S. Dollars as reported by OANDA (xxx.xxxxx.xxx)Citibank, N.A., or an equivalent resource as agreed by the Parties, on the last Business Day of the Calendar Quarter in which the applicable Net Sales were made.
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Exchange Rate. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars owed to a Party under this Agreement shall be equal to the weighted monthly average exchange rate, over the applicable Calendar Quarter, rate between each currency of origin and U.S. Dollars as reported by OANDA the Wall Street Journal East Coast Edition. The monthly average exchange rate shall be the average of (xxx.xxxxx.xxx), or an equivalent resource as agreed by i) the Parties, exchange rate published on the last Business Day day of the Calendar Quarter in which month; and (ii) the applicable Net Sales were madeexchange rate published on the last day of the preceding month.
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