Initial Set Exchange Rate definition
Initial Set Exchange Rate means as of the Effective Date of a Product Agreement, the initial exchange rate set forth in the Product Agreement to convert one unit of the billing currency into the Patheon Manufacturing Site local currency, calculated as the daily average interbank exchange rate for conversion of one unit of the billing currency into the Patheon Manufacturing Site local currency during the 90 day period immediately preceding the Effective Date as published by ▇▇▇▇▇.▇▇▇ “The Currency Site” under the heading “FxHistory: historical currency exchange rates” at ▇▇▇.▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇;
Initial Set Exchange Rate. (if applicable under Section 4.2(d) of the Master Agreement)
Initial Set Exchange Rate means as of the Effective Date of a Product Agreement, the initial exchange rate set forth in the Product Agreement to convert one unit of the billing currency into the Patheon Manufacturing Site local currency, calculated as the daily average interbank exchange rate for conversion of one unit of the billing currency into the Patheon Manufacturing Site local currency during the 90 day period immediately preceding the Effective Date as published by OANDA.com “The Currency Site” under the heading “FxHistory: historical currency exchange rates” at www.OANDA.com/convert/fxhistory;
Examples of Initial Set Exchange Rate in a sentence
The adjustment will proportionately reflect the increase or decrease, if any, in the Set Exchange Rate compared to the Set Exchange Rate established for the prior Year or the Initial Set Exchange Rate, as the case may be.
The adjustment will proportionately reflect the increase or decrease, if any, in the Set Exchange Rate compared to the Set Exchange Rate established for the prior Contract Year or the Initial Set Exchange Rate, as the case may be.
The adjustment will proportionately reflect the increase or decrease, If any, in the Set Exchange Rate compared to the Set Exchange Rate established for the prior Year or the Initial Set Exchange Rate, as the case may be.
In the event the Set Exchange Rate for a given Year has changed the adjustment will proportionately reflect the increase or decrease, if any, in the Set Exchange Rate compared to the Set Exchange Rate established for the prior Year or the Initial Set Exchange Rate, as the case may be.
In respect of the adjustment at the end of the first year of the Term, the adjustment will proportionately reflect the increase or decrease, if any, in the current Set Exchange Rate compared to Initial Set Exchange Rate.
More Definitions of Initial Set Exchange Rate
Initial Set Exchange Rate means as of the Effective Date of a Product Agreement, the initial exchange rate set forth in the Product Agreement to convert one unit of the billing currency into the Patheon Manufacturing Site local currency, calculated as the daily average interbank exchange rate for conversion of one unit of the billing currency into the Patheon Manufacturing Site local currency during the 90 day period immediately preceding the Effective Date as published by ▇▇.▇▇▇ “The Currency Site” under the heading ‘’▇▇.▇▇▇’’: historical currency exchange rates” at ▇▇▇▇://▇▇▇.▇▇.▇▇▇/currencyconverter/; "Intellectual Property" includes, without limitation, rights in patents, patent applications, formulae, trademarks, trademark applications, trade-names, Inventions, copyrights, industrial designs, trade secrets, and know how (including trade secrets, technology, methods of manufacture, specifications and other information),utility models, applications for utility models, designs (registered or unregistered and including applications for registered designs), topography rights and other rights in semiconductor chips, rights in Inventions, the right to claim damages for past infringements of any or all such rights and all rights having equivalent or similar effect wherever situated;
Initial Set Exchange Rate means one Canadian dollar equals 0.82216 United States Dollars as of the Effective Date of the Agreement being the initial exchange rate to convert one unit of Patheon facility local currency to one unit of the billing currency, calculated as the average interbank exchange rate for conversion of one unit of Patheon facility local currency to one unit of the billing currency during the 90 day period immediately preceding the Effective Date as published by OANDA.com "The Currency Site” under the heading "FxHistory: historical currency exchange rates" at www.OANDA.com/convert/fxhistory;
Initial Set Exchange Rate means as of the Effective Date, the initial exchange rate of [***] to convert one unit of the billing currency into the Patheon Facility local currency. The Initial Set Exchange Rate is calculated as the daily average interbank exchange rate for conversion of one unit of the billing currency into the Patheon Facility local currency during the [***] period immediately preceding the Effective Date as published by O▇▇▇▇.▇▇▇ “The Currency Site” under the heading “FxHistory: historical currency exchange rates” at w▇▇.▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇. The Initial Set Exchange Rate shall be the Set Exchange Rate as defined in Section 5.8 until the Set Exchange Rate is modified as provided therein.
Initial Set Exchange Rate. Not applicable
Initial Set Exchange Rate means 1.374 (3 digits) as of the Effective Date of the Agreement being the initial exchange rate to convert one unit of the Billing Currency into Patheon’s Manufacturing Site local currency;
Initial Set Exchange Rate means the initial exchange rate to convert one U.S. Dollars ($) into one British Pound Sterling (£), calculated as the daily average interbank exchange rate for conversion of one U.S. Dollars ($) into one British Pound Sterling (£) during the 90 day period immediately preceding the Effective Date as published by ▇▇▇▇▇.▇▇▇ “The Currency Site” under the heading “FxHistory: historical currency exchange rates” at ▇▇▇.▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇.
Initial Set Exchange Rate means 1.0:1.0 as of the Effective Date of the Agreement, being the initial exchange rate to convert one unit of the local currency where the Manufacturing Site is located to one unit of the billing currency, calculated as the average interbank exchange rate for conversion of one unit of the local currency where the Manufacturing Site is located to one unit of the billing currency during the 90-day period immediately preceding the Effective Date as published by ▇▇▇▇▇.▇▇▇ “The Currency Site” under the heading “FxHistory: historical currency exchange rates” at ▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/convert/fxhistory, or such successor or other website or other heading as the parties may mutually agree;