Legal Restrictions. If at any time legal restrictions prevent the remittance by Company of all or any part of royalties due on Net Sales in any country, Company shall have the right and option to make such payment either by depositing the amount thereof in local currency to an account in the name of Licensor in a bank or other depository selected by Licensor in such country.
Appears in 7 contracts
Samples: License Agreement (Liquidia Corp), License Agreement (Liquidia Corp), License Agreement
Legal Restrictions. If at any time legal restrictions prevent the remittance by Company OnCore of all or any part of royalties due on Net Sales in any country, Company OnCore shall have the right and option to make such payment either by depositing the amount thereof in local currency to an account in the name of Licensor in a bank or other depository selected by Licensor in such country.
Appears in 1 contract
