Common use of Foreign Currency Exchange Clause in Contracts

Foreign Currency Exchange. If, in any Calendar Quarter, Net Sales are made in any currency other than United States Dollars, such Net Sales shall be converted into United States Dollars as follows: (A/ B), where A = foreign “Net Sales” (as defined above) in such Calendar Quarter expressed in such foreign currency; and

Appears in 4 contracts

Samples: Asset Purchase Agreement (Kiniksa Pharmaceuticals, Ltd.), Asset Purchase Agreement (Kiniksa Pharmaceuticals, Ltd.), Asset Purchase Agreement (Kiniksa Pharmaceuticals, Ltd.)

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Foreign Currency Exchange. If, in any Calendar Quarter, Net Sales are made in any currency other than United States Dollars, such Net Sales shall be converted into United States Dollars as follows: (A/ B), where A = foreign “Net Sales” (as defined above) in such Calendar Quarter expressed in such foreign currency; andand B = foreign exchange conversion rate, expressed in local currency of the foreign country per United States Dollar (using, as the applicable foreign exchange rate, [***].

Appears in 3 contracts

Samples: Research Collaboration and License Agreement (Dicerna Pharmaceuticals Inc), Research Collaboration and License Agreement (Dicerna Pharmaceuticals Inc), Research Collaboration and License Agreement (Dicerna Pharmaceuticals Inc)

Foreign Currency Exchange. If, in any Calendar Quarter, Net Sales are made in any currency other than United States Dollars, such Net Sales shall will be converted into United States Dollars as follows: : (A/ A/B), where A = foreign “Net Sales” (as defined above) in such Calendar Quarter expressed in such foreign currency; and

Appears in 1 contract

Samples: Collaborative Research and Development Agreement (Enumeral Biomedical Holdings, Inc.)

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Foreign Currency Exchange. If, in any Calendar Quarter, Net Sales are made in any currency other than United States Dollars, such Net Sales shall be converted into United States Dollars as follows: : (A/ A/B), where A = foreign “Net Sales” (as defined above) in such Calendar Quarter expressed in such foreign currency; andand B = the applicable foreign exchange conversion rate, expressed in local currency of the foreign country per United States Dollar (using, as the applicable foreign exchange rate, the average of the daily closing rates published in the eastern edition of The Wall Street Journal under the heading “Money Rates,” or any other mutually agreed upon source, for such Calendar Quarter).

Appears in 1 contract

Samples: Collaborative Research and Development Agreement (Arqule Inc)

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