Common use of Payment Exchange Rate Clause in Contracts

Payment Exchange Rate. All payments to be made by Pfizer to Arvinas under this Agreement shall be made in United States dollars and may be paid by check made to the order of Arvinas or bank wire transfer in immediately available funds to such bank account in the United States as may be designated in writing by Arvinas from time to time. In the case of sales outside the United States, the rate of exchange to be used in computing the monthly amount of currency equivalent in United States dollars due Arvinas shall be made at the monthly rate of exchange utilized by Pfizer in its worldwide accounting system.

Appears in 5 contracts

Samples: Research Collaboration and License Agreement, Research Collaboration and License Agreement, Research Collaboration and License Agreement (Arvinas Holding Company, LLC)

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