Common use of Foreign Currency Translation Clause in Contracts

Foreign Currency Translation. Foreign currency transactions are translated at the rates of exchange in effect at the dates of the transaction. Resulting foreign currency denominated monetary assets and liabilities are translated at the rates of exchange in effect at the balance sheet date. Gains and losses on foreign exchange are recognised in the income statement. SCHEDULE 5

Appears in 2 contracts

Samples: License and Collaboration Agreement (Denali Therapeutics Inc.), License and Collaboration Agreement (Denali Therapeutics Inc.)

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Foreign Currency Translation. Foreign currency transactions are translated at the rates of exchange in effect at the dates of the transaction. Resulting foreign currency denominated monetary assets and liabilities are translated at the rates of exchange in effect at the balance sheet date. Gains and losses on foreign exchange are recognised in the income statement. SCHEDULE 55 Contingent Consideration Part A: Contingent Consideration

Appears in 1 contract

Samples: Share Purchase Agreement (Spring Bank Pharmaceuticals, Inc.)

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Foreign Currency Translation. Foreign currency transactions are translated at the rates of exchange in effect at the dates of the transaction. Resulting foreign currency denominated monetary assets and liabilities are translated at the rates of exchange in effect at the balance sheet date. Gains and losses on foreign exchange are recognised in the income statement. SCHEDULE 55 Contingent Consideration

Appears in 1 contract

Samples: License and Collaboration Agreement (Spring Bank Pharmaceuticals, Inc.)

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