Payment; Late Payment Charges Clause Samples
Payment; Late Payment Charges. (a) EXCHANGE RATE FOR ROYALTY CALCULATION; MANNER AND PLACE OF PAYMENT. Within 45 days [...***...], the composite report in Section 4.3 (b), the composite report in Section 4.4 (b), the Adjusted US Operating Profit/(Loss) report in Section 4.5 (a); and the Adjusted OUS Operating Profit/(Loss) report in Section 4.5 (b) shall be aggregated and the Party owing funds shall pay the other Party ("Owed Party") in immediately available funds via a Federal Reserve electronic wire transfer to a bank account designated by the Owed Party. All payments to be made by one Party to the other Party under this Agreement will be made in U.S. dollars and may be paid by bank wire transfer in immediately available funds to a bank account designated in writing from time to time by the Party entitled to receive such payment. When conversion of payments from any foreign currency is required with respect to calculation of Net Sales of Products outside the U.S., Lilly shall make such conversion at the exchange rate broadly applied by Lilly to all foreign currency conversions into U.S. dollars on the last business day of the applicable quarter. If the payment is made from outside the U.S., the Party will make the payment in a manner that will not result in a tax liability for the other Party larger than it would be if the payment were made from inside the U.S. with no additional delays in payment when compared to the timing of payment made in the U.S.
Payment; Late Payment Charges. Cerus will pay any purchase price or payment for services due hereunder in Euros in the case Euros are the local currency of the manufacturing site or site of performance of services, and in U.S. Dollars in all other cases, unless the Parties otherwise agree in writing. Such payments shall be made within sixty (60) days after the date of Fenwal’s invoice (thirty (30) days in the case of invoices for PL-2410 resin), by check or wire transfer to a bank account designated in writing by Fenwal. Undisputed invoices not timely paid will be subject to a late payment charge of [*] percent ([*]%) per month, or the highest amount permitted by law, if lower.
Payment; Late Payment Charges. Cadence will pay the Manufacturing Fee (under Section 7.1), expenses for additional work (under Section 7.3), maintenance-related costs (under Section 9.4), and costs associated with de-installation and restoration (under Sections 20.4, 20.5 and 20.6) and any other amounts owed to ▇▇▇▇▇▇ under this Agreement, in United States dollars within thirty (30) days after the date of ▇▇▇▇▇▇’▇ invoice, by wire transfer in United States dollars, to a bank account designated in writing by ▇▇▇▇▇▇. Invoices not timely paid will be subject to a late payment charge of [***] percent ([***]%) per month, or the highest amount permitted by law, if lower. Notwithstanding the foregoing, should Cadence give ▇▇▇▇▇▇ a Deficiency Notice pursuant to Section 10.2, Cadence’s obligation to pay under this Section 7.5 shall be suspended until the Parties have mutually agreed upon a resolution of the deviation(s) underlying any such Deficiency Notice.
Payment; Late Payment Charges. Cerus will pay the Manufacturing Fee, in U.S. Dollars within [ * ] days after the date of ▇▇▇▇▇▇’▇ invoice, by wire transfer to a bank account designated in writing by ▇▇▇▇▇▇. Undisputed invoices not timely paid will be subject to a late payment charge of [ * ] percent ([ * ]%) per month, or the highest amount permitted by law, if lower.
Payment; Late Payment Charges. Cerus will pay any purchase price or payment for services due hereunder in Euros in the event Euros are the local currency of the manufacturing site or site of performance of services, and in U.S. Dollars in all other cases, unless the Parties otherwise agree in writing. Such payments shall be made within [ * ] days after the date of Fresenius Kabi’s invoice by check or wire transfer to a bank account designated in writing by Fresenius Kabi. Undisputed invoices not timely paid will be subject to a late payment charge of [ * ] percent ([ * ]%) per month, or the highest amount permitted by law, if lower.
Payment; Late Payment Charges. Cadence will pay the Manufacturing Fee (under Section 7.1), expenses for additional work (under Section 7.3), maintenance-related costs (under Section 9.3), expenses associated with additional audits (under Section 10.9), expenses for labeling revisions (under Section 10.10.2) and costs associated with de-installation and restoration (under Sections 20.4, 20.5 and 20.6) and any other amounts owed to B▇▇▇▇▇ under this Agreement, in United States dollars within thirty (30) days after the date of B▇▇▇▇▇’▇ invoice, by wire transfer in United States dollars, to a bank account designated in writing by B▇▇▇▇▇. *** Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. Invoices not timely paid will be subject to a late payment charge of [***] per month, or the highest amount permitted by law, if lower. Notwithstanding the foregoing, should Cadence give B▇▇▇▇▇ a Deficiency Notice pursuant to Section 10.5, Cadence’s obligation to pay under this Section 7.4 shall be suspended until the Parties have mutually agreed upon a resolution of the deviation(s) underlying any such Deficiency Notice.
Payment; Late Payment Charges