Common use of Manner and Place of Payment Clause in Contracts

Manner and Place of Payment. Royalty payments and reports for Net Sales of Products shall be calculated in local currencies and reported for each calendar quarter. All royalty payments owed under this Agreement shall be made by wire transfer to the bank account to be designated by CombiChem within sixty (60) days following the end of each such calendar quarter.

Appears in 6 contracts

Samples: Collaborative Research and License Agreement (Combichem Inc), Collaborative Research and License Agreement (Combichem Inc), Collaborative Research and License Agreement (Combichem Inc)

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Manner and Place of Payment. Royalty payments and reports for Net Sales of Products shall be calculated in local currencies and reported for each calendar quarter. All royalty payments owed under this Agreement shall be made by wire transfer to the bank account to be designated by CombiChem within sixty thirty (6030) days following the end of each such calendar quarter.

Appears in 5 contracts

Samples: Collaborative Research and License Agreement (Combichem Inc), Collaborative Research and License Agreement (Combichem Inc), Collaborative Research and License Agreement (Imclone Systems Inc/De)

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Manner and Place of Payment. Royalty payments and reports for Net Sales of Products shall be calculated in local currencies and reported for each calendar quarter. All royalty payments owed under this Agreement shall be made by wire transfer to the bank account to be designated by CombiChem within sixty separately with at least fifteen (6015) business days following the end of each such calendar quarterprior written notice to Sumitomo.

Appears in 2 contracts

Samples: Research and Development (Combichem Inc), Research and Technology Development Agreement (Combichem Inc)

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