Common use of U.S. Currency Clause in Contracts

U.S. Currency. All payments to MAYO under this Agreement will be made by draft drawn on a U.S. bank, and payable in U.S. dollars. In the event that conversion from foreign currency is required in calculating a payment under this Agreement, the exchange rate used shall be the Interbank rate quoted by US Bank at the end of the last business day of the quarter in which the payment accrued.

Appears in 7 contracts

Samples: Patent License Agreement (Evelo Biosciences, Inc.), Patent and Know How License Agreement (Sorrento Therapeutics, Inc.), Patent License Agreement (BioSig Technologies, Inc.)

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U.S. Currency. All payments to MAYO under this Agreement will be made by draft drawn on a U.S. bank, and payable in U.S. dollars. In the event that conversion from foreign currency is required in calculating a payment under this Agreement, the exchange rate used shall be the Interbank rate quoted by US Bank Citibank at the end of the last business day of the quarter in which the payment accrued.

Appears in 1 contract

Samples: License Agreement (Exact Sciences Corp)

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U.S. Currency. All payments to MAYO under this Agreement will be made by draft drawn on a U.S. bank, and payable in U.S. dollars. In the event that If conversion from foreign currency is required in calculating a payment under this Agreement, the exchange rate used shall be the Interbank rate quoted by US Bank at the end of the last business day of the quarter in which the payment accrued.

Appears in 1 contract

Samples: Patent License Agreement (Perspective Therapeutics, Inc.)

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