Payment Method; Interest. All undisputed amounts due hereunder to Micromet will be paid in Euros, within [***] upon receipt of corresponding invoices, by wire transfer in immediately available funds to an account designated by Micromet. Any payments or portions thereof due hereunder which are not paid on the date such payments are due under this Agreement will bear interest at the lower of (i) [***] over [***] rate in effect on the due date, or (ii) the maximum rate permitted by law, calculated on the number of days such payment is delinquent, compounded monthly.
Payment Method; Interest. All amounts due hereunder to Micromet will be paid in Euros, except the Sales Participation Payments in the U.S. which will be paid in U.S. Dollars. Payments will be made as stated in the applicable sections upon BI’s receipt of corresponding original invoices from Micromet, by wire transfer in immediately available funds to accounts designated by Micromet. Any payments or portions thereof due hereunder which are not paid on the date such payments are due under this Agreement will bear interest at the lower of (i) [***] ( [***] ) percentage points over the three month LIBOR rate of the respective currency which applied on the due date, or (ii) the maximum rate permitted by law, calculated on the number of days such payment is delinquent. All payments set forth in this Agreement are expressed to be exclusive of value added tax (VAT); if VAT is due on any such payments, then it will be set forth as a separate line item on the applicable invoice. *** Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. ***Text Omitted and Filed Separately Confidential Treatment Requested Under 17 C.F.R. §§ 200.80(b)(4), and 240.24b-2 Execution Copy
Payment Method; Interest. 9.1.1 All amounts due hereunder will be paid in Euros by wire transfer in immediately available funds to an account designated by the other Party in writing, in case of payments to Micromet to the following account: Account Name: Micromet AG Banking Institution: [***] Account Number: [***] Bank Code: [***] BIC: [***] IBAN: [***]
Payment Method; Interest. Any payment pursuant to a claim for indemnification shall be made by wire transfer or delivery of immediately available funds to an account designated by the Claimant no later than five Business Days after the amount of the claim is finally determined pursuant to this ARTICLE VII. Any payment required under this ARTICLE VII shall include prejudgment interest at the statutory rate under applicable Law to the extent provided under applicable Law. Whether or not provided under applicable Law, any payment required under this ARTICLE VII shall include interest accruing at a rate of 10% per annum beginning on the date the amount of the claim is finally determined pursuant to this ARTICLE VII.
Payment Method; Interest. All undisputed amounts due hereunder to Micromet will be paid in Euros, within [***] ( [***] ) [***] upon receipt of corresponding invoices, by wire transfer in immediately available funds to an account designated by Micromet. Any payments or portions thereof due hereunder which are not paid on the date such payments are due under this Agreement will bear interest at the lower of (i) [***] ( [***] ) percentage points over the overnight LIBOR rate in effect on the due date, or (ii) the maximum rate permitted by law, calculated on the number of days such payment is delinquent, compounded monthly.
