Common use of Interest Due Clause in Contracts

Interest Due. Each paying Party will pay the other Party interest on any undisputed payments that are not paid on or before the date such payments are due under this Agreement at the [***].

Appears in 2 contracts

Sources: Exclusive License Agreement (Neurocrine Biosciences Inc), Collaboration and License Agreement (Wave Life Sciences Ltd.)

Interest Due. Each paying Party will pay the other Party interest on any undisputed payments that are not paid on or before the date such payments are due under this Agreement at the per annum rate of [***].

Appears in 1 contract

Sources: Exclusive License and Co Funding Agreement (Arrowhead Pharmaceuticals, Inc.)

Interest Due. Each paying Party will pay the other Party interest on any undisputed payments that are not paid on or before the date such payments are due under this Agreement at the per [***].

Appears in 1 contract

Sources: Exclusive License Agreement (Neurocrine Biosciences Inc)

Interest Due. Each paying Party will pay the other Party interest on any undisputed payments that are not paid on or before the date such payments are due under this Agreement at the per annum rate of [***]] over the then current secured overnight financing rate for the payment currency published by the [***] on the date it falls due or the maximum rate allowable by Applicable Law, whichever is lower.

Appears in 1 contract

Sources: Collaboration and License Agreement (Wave Life Sciences Ltd.)