Common use of Payment; Currency Conversion Clause in Contracts

Payment; Currency Conversion. Payments made pursuant to this Article III shall be made by wire transfer in Dollars to the following account or such other account as ITC may specify by written notice: [**] Dollar denominated sales shall be reported as transacted. Other currency denominated sales shall be reported based on the mathematical average foreign currency/$U.S. conversion rate applicable during the period over which sales are being reported, using the currency exchange rates given in the Wall Street Journal - Currency Trading, Exchange Rates section or other source as the parties may agree in writing or an exchange of writings.

Appears in 2 contracts

Samples: Patent License Agreement (Interdigital Communications Corp), Patent License Agreement (Interdigital Communications Corp)

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Payment; Currency Conversion. Payments made pursuant to this Article III shall be made by wire transfer in Dollars to the following account or such other account as ITC may specify by written notice: ** Material has been omitted and filed separately with the Commission. [**] Dollar denominated sales shall be reported as transacted. Other currency denominated sales shall be reported based on the mathematical average foreign currency/$U.S. conversion rate applicable during the period over which sales are being reported, using the currency exchange rates given in the Wall Street Journal - Currency Trading, Exchange Rates section section, or other source as the parties may agree in writing or an exchange of writings.

Appears in 1 contract

Samples: Patent License Agreement (Interdigital Communications Corp)

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Payment; Currency Conversion. Payments made pursuant to this Article III shall be made by wire transfer in Dollars to the following account or such other account as ITC may specify by written notice: [**] Dollar denominated sales shall be reported as transacted. Other currency denominated sales shall be reported based on the mathematical average foreign currency/$U.S. conversion rate applicable during the period over which sales are being reported, using the currency exchange rates given in the Wall Street Journal - Currency Trading, Exchange Rates section section, or other source as the parties may agree in writing or an exchange of writings.

Appears in 1 contract

Samples: Patent License Agreement (Interdigital Communications Corp)

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