Common use of Payments in Other Currencies Clause in Contracts

Payments in Other Currencies. If by law, regulation, or fiscal policy of a particular country, conversion into United States dollars or transfer of funds of a convertible currency to the United States is restricted or forbidden, Sankyo shall give ArQule prompt written notice of such restriction, which notice shall satisfy the sixty-day payment deadline described in Section 8.

Appears in 2 contracts

Samples: Research and Development Agreement (Arqule Inc), Research and Development Agreement (Arqule Inc)

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Payments in Other Currencies. If by law, regulation, or fiscal policy of a particular country, conversion into United States dollars or transfer of funds of a convertible currency to the United States is restricted or forbidden, Sankyo shall give ArQule prompt written notice of such restriction, which notice shall satisfy the sixty-*day payment deadline described in Section 8.

Appears in 1 contract

Samples: Research and Development Agreement (Arqule Inc)

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Payments in Other Currencies. If by law, regulation, or fiscal policy of a particular country, conversion into United States dollars or transfer of funds of a convertible currency to the United States is restricted or forbidden, Sankyo shall give ArQule prompt written notice of such restriction, which notice shall satisfy the sixtythirty-day payment deadline described in Section 8.

Appears in 1 contract

Samples: Research and Development Agreement (Arqule Inc)

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