Common use of Exchange Rate; Manner and Place of Payment Clause in Contracts

Exchange Rate; Manner and Place of Payment. All payments hereunder will be payable in United States dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency will be required, such conversion will be made at the rate of exchange reported in The Wall Street Journal on the last business day of the applicable reporting period. Any payment due under this Agreement will be made by wire transfer to a bank account designated by the party receiving such payment, unless otherwise specified in writing by such party.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Hyseq Inc), Collaboration and License Agreement (Hyseq Inc)

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Exchange Rate; Manner and Place of Payment. All payments hereunder will shall be payable in United States dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency will shall be required, such conversion will shall be made at the rate of exchange reported in The Wall Street Journal published by the European Central Bank (xxx.xxx.xxx) on the last business day of the applicable reporting periodcalendar quarter. Any payment due All payments owed under this Agreement will shall be made by wire transfer to a bank account designated by the party receiving such paymentAcusphere, unless otherwise specified in writing by such partyAcusphere.

Appears in 2 contracts

Samples: Collaboration, License and Supply Agreement (Acusphere Inc), Collaboration, License and Supply Agreement (Acusphere Inc)

Exchange Rate; Manner and Place of Payment. All payments due hereunder will shall be payable in United States dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency will shall be required, such conversion will shall be made at the rate of exchange reported in The Wall Street Journal THE WALL STREET JOURNAL on the last business day of the applicable reporting period. Any payment due All payments owed under this Agreement will shall be made by wire transfer to a bank account designated by the party receiving such paymenttransfer, unless otherwise specified in writing by such partythe Foundation.

Appears in 1 contract

Samples: License Agreement (Elitra Pharmaceuticals Inc)

Exchange Rate; Manner and Place of Payment. All payments hereunder will shall be payable in United States U.S. dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency will shall be required, such conversion will shall be made at the rate of exchange reported in The Wall Street Journal either on a daily basis or on the last business day of the applicable reporting periodquarter, at the payor's option consistently applied. Any payment due All payments owed under this Agreement will shall be made by wire transfer to a bank and account designated in writing by the party receiving such paymentpayee, unless otherwise specified in writing by such partypayee.

Appears in 1 contract

Samples: Collaborative Research Development and License Agreement (Acadia Pharmaceuticals Inc)

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Exchange Rate; Manner and Place of Payment. All payments hereunder will shall be payable in United States U.S. dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency will shall be required, such conversion will shall be made at the average rate of exchange reported in The Wall Street Journal THE WALL STREET JOURNAL, WESTERN EDITION, on the last twenty (20) business day days of the applicable reporting periodquarter. Any payment due All payments owed under this Agreement will shall be made by wire transfer to a bank and account designated in writing by the party receiving entitled to receive such payment, unless otherwise specified in writing by such party.

Appears in 1 contract

Samples: Collaboration Agreement (Cubist Pharmaceuticals Inc)

Exchange Rate; Manner and Place of Payment. All payments hereunder will be payable in United States dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency will be required, such conversion will be made at the rate of exchange reported in the East Coast edition of The Wall Street Journal on the last business day of the applicable reporting period. Any payment due All payments owed under this Agreement will be made by wire transfer to a bank account designated by the party receiving such paymentLexicon, unless otherwise specified in writing by such partyLexicon.

Appears in 1 contract

Samples: Database Access Agreement (Lexicon Genetics Inc/Tx)

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