Place of Royalty Payment; Currency Conversion. If any currency conversion shall be required in connection with the calculation of royalties hereunder, such conversion shall be made using the selling exchange rate for conversion of the foreign currency into U.S. Dollars, quoted for current transactions reported in The Wall Street Journal (U.S., Western Edition), averaged over all business days of the calendar quarter to which such payment pertains.
Appears in 3 contracts
Samples: Drug Discovery Collaboration Agreement, Drug Discovery Collaboration Agreement (Intermune Inc), Drug Discovery Collaboration Agreement (Array Biopharma Inc)
Place of Royalty Payment; Currency Conversion. If any currency conversion shall be required in connection with the calculation of royalties hereunder, such conversion shall be made using the selling exchange rate for conversion of the foreign currency into U.S. Dollars, quoted for current transactions reported in The Wall Street Journal (U.S., Western Edition), averaged for the average over all business days of the calendar quarter to which such payment pertains.
Appears in 2 contracts
Samples: Collaboration, Development and License Agreement (Trimeris Inc), Collaboration, Development and License Agreement (Trimeris Inc)
Place of Royalty Payment; Currency Conversion. If any currency conversion shall be required in connection with the calculation of royalties hereunder, such conversion shall be made using the average of the buying and selling exchange rate for conversion of the foreign currency into with U.S. Dollars, quoted for current transactions reported in The Wall Street Journal (U.S., Western Edition), averaged over all for the last business days day of each calendar month during the calendar quarter to which such payment pertains.
Appears in 1 contract
Samples: Collaboration Agreement (Sunesis Pharmaceuticals Inc)
