Currency Denomination. With respect to amounts invoiced in United States Dollars, all such amounts shall be expressed in United States Dollars. With respect to amounts invoiced in a currency other than United States Dollars, all such amounts shall be expressed both in the currency in which the amount was invoiced and in the United States Dollar equivalent. The United States Dollar equivalent shall be calculated using Novartis’ then-current standard exchange rate methodology applied in its external reporting for the conversion of foreign currency sales into United States Dollars.
Appears in 6 contracts
Samples: Research Collaboration License Agreement (Emisphere Technologies Inc), Research Collaboration License Agreement (Emisphere Technologies Inc), Research Collaboration Option and License Agreement (Emisphere Technologies Inc)
