Common use of Payment Method and Currency Conversion Clause in Contracts

Payment Method and Currency Conversion. Except as otherwise provided herein, all payments due to a Party hereunder shall be due and payable within [***] ([***]) days after receipt of an invoice from the other Party and shall be paid via a bank wire transfer to such bank account as such Party shall designate. For the purposes of determining the amount of any payment due hereunder for the relevant Calendar Quarter under Section 6.2 or Section 6.3, amounts received by a Party in any foreign currency shall be converted into United States dollars in accordance with the normal business practice of such Party , as applied consistently across its business.

Appears in 1 contract

Samples: Collaboration and License Agreement (uniQure N.V.)

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Payment Method and Currency Conversion. Except as otherwise provided herein, all payments due to a Party hereunder shall be due and payable within [***] ([***]) days after receipt of an invoice from the other Party and shall be paid via a bank wire transfer to such bank account as such Party shall designate. For the purposes of determining the amount of any payment due hereunder for the relevant Calendar Quarter under Section 6.2 6.4 or Section 6.36.5, amounts received by a Party in any foreign currency shall be converted into United States dollars in accordance with the normal business practice of such Party , as applied consistently across its business.

Appears in 1 contract

Samples: Collaboration and License Agreement (uniQure N.V.)

Payment Method and Currency Conversion. Except as otherwise provided herein, all payments due to a Party hereunder shall be due and payable within [***] ([***]) days after receipt of an invoice from the other Party and shall be paid via a bank wire transfer to such bank account as such Party shall designate. For the purposes of determining the amount of any payment due hereunder for the relevant Calendar Quarter under Section 6.2 or Section 6.3, amounts received by a Party in any foreign currency shall be converted into United States dollars in accordance with the normal business practice of such Party Party, as applied consistently across its business.

Appears in 1 contract

Samples: Collaboration and License Agreement (4D Molecular Therapeutics Inc.)

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Payment Method and Currency Conversion. Except as otherwise provided herein, all payments due to a Party hereunder shall be due and payable within [***] ([***]) days after receipt of an invoice from the other Party and shall be paid via a bank wire transfer to such bank account as such Party shall designate. For the purposes of determining the amount of any payment due hereunder for the relevant Calendar Quarter under Section 6.2 6.4 or Section 6.36.5, amounts received by a Party in any foreign currency shall be converted into United States dollars in accordance with the normal business practice of such Party Party, as applied consistently across its business.

Appears in 1 contract

Samples: Collaboration and License Agreement (4D Molecular Therapeutics Inc.)

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