Restrictions on Payment. The obligation to pay royalties under this Agreement shall be waived and excused to the extent that statutes, laws, codes or government regulations in a particular country prevent such royalty payments by the seller of Products; provided, however, that if legally permissible, the seller of Products shall pay the royalties owed to the other party hereto by depositing such amounts in a bank account in such country that has been designated by the party owed such royalties.
Appears in 6 contracts
Samples: Development and Marketing Collaboration Agreement (Onyx Pharmaceuticals Inc), Development and Marketing Collaboration Agreement (Onyx Pharmaceuticals Inc), Collaboration Agreement (Onyx Pharmaceuticals Inc)
Restrictions on Payment. The obligation to pay royalties under this Agreement in a particular country shall be waived and excused to the extent that statutes, laws, codes or government regulations in a particular such country prevent such royalty payments by the seller of Productspayments; provided, however, that in such event, if legally permissible, the seller of Products paying Party shall pay the royalties owed to the other party hereto receiving Party by depositing such amounts in a bank account in such country that has been designated by the party owed receiving Party and promptly report such royaltiespayment to the receiving Party.
Appears in 2 contracts
Samples: Research Collaboration Agreement (Diversa Corp), Research Collaboration Agreement (Diversa Corp)
Restrictions on Payment. The obligation to pay royalties under ----------------------- this Agreement shall be waived and excused to the extent that statutes, laws, codes or government regulations in a particular country prevent such royalty payments by the seller of Productspayments; provided, however, that in such event, if legally permissible, the seller of Products paying Party shall pay the royalties owed to the other party hereto receiving Party by depositing such amounts in a bank account in such country that has been designated by the party owed receiving Party and promptly report such royaltiespayment to the receiving Party.
Appears in 2 contracts
Samples: Collaboration Agreement (Maxygen Inc), Collaboration Agreement (Maxygen Inc)
Restrictions on Payment. The obligation to pay royalties under this Agreement shall be waived and excused to the extent that statutes, laws, codes or government regulations in a particular country prevent such royalty payments by the seller of Products; , provided, however, that if legally permissible, the seller of Products shall pay the royalties owed to the other party hereto by depositing such amounts in a bank account in such country that has been designated by the party owed such royalties.
Appears in 1 contract
Samples: Collaborative Research and License Agreement (Synaptic Pharmaceutical Corp)
Restrictions on Payment. The obligation to pay royalties under this Agreement shall be waived and excused to the extent that statutes, laws, codes or government governmental regulations in a particular country prevent such royalty payments by the seller of Licensed Products; provided, however, that if legally permissible, the seller of Licensed Products shall pay the royalties owed to the other party hereto by depositing such amounts in a bank account in such country that has been designated by the party owed such royalties.
Appears in 1 contract
Samples: License Agreement (Interneuron Pharmaceuticals Inc)
Restrictions on Payment. The obligation to pay royalties under this Agreement in a particular country shall be waived and excused to the extent that statutes, laws, codes or government regulations in a particular such country prevent such royalty payments by the seller of Productspayments; provided, however, that in such event, if legally permissible, the seller of Products Syngenta shall pay the royalties owed to the other party hereto Diversa by depositing such amounts in a bank account in such country that has been designated by the party owed Diversa and promptly report such royaltiespayment to Diversa.
Appears in 1 contract
