Common use of Blocked Currency Clause in Contracts

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued on Net Sales in that country shall be paid in the equivalent amount in Dollars.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued on Net Sales in that country shall be paid to the payee in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by the payee, unless the Parties otherwise agree.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, at the election of the Party paying royalties, royalties accrued on Net Sales in that country shall be paid to the other Party in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by the other Party.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country under such country's applicable law, royalties accrued on Net Sales in that country shall be paid to a Party in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by such Party, unless the Parties otherwise agree.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, at the election of the selling Party, royalties accrued on Net Sales in that country shall be paid to the receiving Party in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by the receiving Party.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued on Net Sales in that country shall be paid to Corgentech in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by Corgentech, unless the Parties otherwise agree.

Blocked Currency. In each country where the local currency is blocked by applicable law and cannot be removed from the such country, royalties accrued on Net Sales in that country shall be paid to the owed Party in such country in local currency by deposit in a local bank designated by the equivalent amount in Dollarsowed Party.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued on Net Sales in that country shall will be paid to LICENSOR in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by LICENSOR, unless the parties otherwise agree.

Blocked Currency. In each country where the local currency is blocked by applicable law and cannot be removed from the such country, royalties accrued on Net Sales in that country shall be paid to the Party to whom the royalties are due in such country in local currency by deposit in a local bank designated by the equivalent amount in DollarsParty to whom the payments are due.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country under such country’s applicable law, royalties accrued on Net Sales in that country shall be paid to a Party in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by such Party, unless the Parties otherwise agree.

Blocked Currency. In each country where the local currency is blocked by applicable law and cannot be removed from the country, at the election of the paying party, royalties accrued on Net Sales in that country shall be paid to the party being paid in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by the paid party.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued on Net Sales in that country shall will be paid by Licensee in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by POZEN, unless the Parties otherwise agree in writing.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued on Net Sales in that country shall be paid to Rigel in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by Rigel, unless the Parties otherwise agree.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country under such country’s applicable law, royalties accrued on Net Sales in that country shall be paid to Licensor in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by Licensor, unless the Parties otherwise agree.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued on Net Sales in that country shall will be paid to LICENSOR in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by LICENSOR, unless the PARTIES otherwise agree.

Blocked Currency. In each country where the local currency is blocked by applicable law and cannot be removed from the such country, royalties accrued on Net Sales in that country shall be paid in such country in local currency by deposit in a local bank designated by the equivalent amount in DollarsParty entitled to such payment.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued on Net Sales in that country shall be paid to Nuvelo and Affymetrix in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by Nuvelo and Affymetrix, unless the Parties otherwise agree.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued on Net Sales arising from sales made in that country shall be paid to the receiving Party in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, royalties accrued on Net Sales in that country shall be paid to the receiving Party in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by the receiving Party.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, at the election of the Party paying royalties, royalties accrued on Net Sales in that country shall be paid to the other Party in that country in local currency by deposit in a local bank designated by the equivalent amount in Dollarsother Party.

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country under such country’s applicable law, royalties accrued on Net Sales in that country shall be paid to a Party in the equivalent amount country in Dollarslocal currency by deposit in a local bank designated by such Party, unless the Parties otherwise agree. [*] Confidential treatment requested; certain information omitted and filed separately with the SEC.