Mode of Payment; Currency Sample Clauses

Mode of Payment; Currency. All payments under this Agreement shall be made by deposit of Dollars in the requisite amount to such bank account as Medtronic may from time to time designate by notice to Urologix. All dollar amounts appearing in this Agreement are stated in United States dollars. All payments to be made under this Agreement will be paid in U.S. dollars, provided that Earned Royalties due on Net Sales computed in the currency of countries foreign to the United States will be calculated and paid in the foreign currency.
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Mode of Payment; Currency. All payments made by BCI under this Article VIII shall be made by wire transfer from a banking institution in US$ in accordance with instructions given in writing from time to time by Alopexx. When conversion of Net Sales from any non-US currency is required to be undertaken by BCI, the US$ equivalent shall be calculated using BCI’s then- current standard exchange rate methodology as applied in its external reporting. In the event of any delay in payment from BCI to Alopexx past the date when originally due, BCI shall have a grace period of fifteen (15) Business Days from the original due date to complete such past-due payment without incurring any interest charge. Following such grace period, any payment still remaining past due to Alopexx shall bear interest from and after the date when such payment was originally due up to and including the date when such payment is paid by BCI at a rate, compounded daily, equal to twice the prime rate per annum, using the prime rate as quoted in the Wall Street Journal (or, if the Wall Street Journal ceases to publish such information, Reuters Information Service, or, if neither publishes such information, another similar service or source reasonably acceptable to Alopexx and BCI) on the date such payment is due. The payment of such interest shall not foreclose Alopexx from exercising any other rights it may have as a consequence of the lateness of any payment. Page 21 COLLABORATION AND LICENSE AGREEMENT CONFIDENTIAL
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Mode of Payment; Currency. All payments made by Ocugen under this Article VIII shall be made by wire transfer from a banking institution in USD in accordance with instructions given in writing from time to time by BBIL.
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Related to Mode of Payment; Currency

  • Payment Currency All payments due under this Agreement will be paid in U.S. Dollars. Conversion of foreign currency to U.S. Dollars will be made at the conversion rate existing in the United States (as reported in the Wall Street Journal) on the last working day of the applicable Calendar Quarter. Such payments will be without deduction of exchange, collection or other charges.

  • Judgment Currency If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder or any other Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the first currency with such other currency on the Business Day preceding that on which final judgment is given. The obligation of the Borrower in respect of any such sum due from it to the Administrative Agent or the Lenders hereunder or under the other Loan Documents shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than that in which such sum is denominated in accordance with the applicable provisions of this Agreement (the “Agreement Currency”), be discharged only to the extent that on the Business Day following receipt by the Administrative Agent of any sum adjudged to be so due in the Judgment Currency, the Administrative Agent may in accordance with normal banking procedures purchase the Agreement Currency with the Judgment Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due to the Administrative Agent from the Borrower in the Agreement Currency, the Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the Administrative Agent or the Person to whom such obligation was owing against such loss. If the amount of the Agreement Currency so purchased is greater than the sum originally due to the Administrative Agent in such currency, the Administrative Agent agrees to return the amount of any excess to the Borrower (or to any other Person who may be entitled thereto under applicable Law).

  • Mode of Payment Subject to the terms of the Agreement and the Promoter abiding by the construction milestones, the Allottee shall make all payments, on demand by the Promoter, within the stipulated time as mentioned in the Payment Plan through A/c Payee Cheque / Demand Draft or Online Payment (as applicable) in favour of ' ' payable at .

  • Currency of Payment The contract price will normally be paid in the currency or currencies in which the price has been stated. The purchaser, however, reserves the right to make payments in the currencies of the countries of origin of goods and services at the exchange rates applicable at the time of payment of the contract price.

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