Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. When conversion of payments from any foreign currency is required, such conversion shall be at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which the Percentage-Based Payments are payable as published by The Wall Street Journal, Eastern U.S. Edition, during the Calendar Quarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer in immediately available funds to a bank and account designated in writing by Maxim, unless otherwise specified in writing by Maxim.
Appears in 2 contracts
Sources: License and Collaboration Agreement (Myriad Genetics Inc), License and Collaboration Agreement (Myriad Pharmaceuticals, Inc.)
Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. When With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency is shall be required, such conversion shall be made at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which the Percentage-Based Payments payments are payable as published by The Wall Street Journal, Eastern Western U.S. Edition, during the Calendar Quarter calendar quarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer in immediately available funds to a bank and account designated in writing by Maximthe payee, unless otherwise specified in writing by Maximsuch payee.
Appears in 2 contracts
Sources: Development Agreement (Acadia Pharmaceuticals Inc), Development Agreement (Acadia Pharmaceuticals Inc)
Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. When With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency is shall be required, such conversion shall be at an calculated using the same exchange rate equal to rate(s) that the weighted average of the rates of exchange payor uses for the currency of the country from which the Percentage-Based Payments are payable as published by The Wall Street Journal, Eastern its own U.S. Edition, during the Calendar Quarter for which a payment is duedollar financial statement reporting purposes prepared in accordance with GAAP. All payments owed under this Agreement shall be made by wire transfer in immediately available funds to a bank and account designated in writing by Maximthe payee, unless otherwise specified in writing by Maximsuch payee.
Appears in 1 contract
Sources: Collaborative Research, Development and License Agreement (Acadia Pharmaceuticals Inc)
Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. When With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency is shall be required, such conversion shall be made at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which the Percentage-Based Payments payments are payable as published by The Wall Street Journal, Eastern Western U.S. Edition, during the Calendar Quarter calendar quarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer in immediately available funds check payable to a bank and account designated in writing by Maximthe order of the payee, unless otherwise specified in writing by Maximsuch payee.
Appears in 1 contract
Sources: Development Agreement (Memory Pharmaceuticals Corp)
Exchange Rate; Manner and Place of Payment. All payments to Optherion hereunder shall be payable in U.S. dollars. When conversion of payments from any foreign currency is required, such conversion shall be at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which the Percentage-Based Payments payments are payable as published by The Wall Street Journal, Eastern Western U.S. Edition, during for the Calendar Quarter for in which a payment is duesuch sales were made. All payments owed to Optherion under this Agreement shall be made by wire transfer in immediately available funds to a bank and account designated in writing by MaximOptherion, unless otherwise specified in writing by MaximOptherion.
Appears in 1 contract
Sources: License Agreement (Sequenom Inc)
Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. When conversion of payments from any foreign currency is required, such conversion shall be at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which the Percentage-Based Payments are payable as published by The Wall Street Journal, Eastern U.S. Edition, during the Calendar Quarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer in immediately available funds to a bank and account designated in writing by MaximACADIA, unless otherwise specified in writing by MaximACADIA.
Appears in 1 contract
Sources: License, Option and Collaboration Agreement (Acadia Pharmaceuticals Inc)