Currency and interest. All payments and accounts shall be made in US Dollars, and all fractional amounts shall be rounded to the nearest whole dollar. Any payment not made when due and payable hereunder, shall from the date such payment was due bear interest at a rate equal to the [time period] US Treasury rate in effect on such date plus [number (#)] bps. In the event any payment due hereunder is not made within [time period] of the date it is due and payable the rate will be reset every [time period] to the US Treasury rate in effect on [time period] anniversary of the date such payment was due, until such payment is made.
Currency and interest. All payments and accounts shall be made in US Dollars, and all fractional amounts shall be rounded to the nearest whole dollar. Any payment not made when due and payable hereunder, shall from the date such payment was due bear interest at a rate equal to the 3 month US Treasury rate in effect on such date plus 100 bps. In the event any payment due hereunder is not made within three months of the date it is due and payable, the rate will be reset every 3 months to the US Treasury rate in effect on each 3 month anniversary of the date such payment was due, until such payment is made.
Currency and interest. All payments made to 22nd Century under this Agreement shall be paid in United States Dollars by wire transfer to a United States Dollar account designated by 22nd Century, consistent with all applicable laws and regulations. Any payment owed and due by a Party to the other Party under this Agreement and not paid to such other Party within thirty (30) days after the date on which such payment became due shall bear interest until payment at a rate of one percent (1%) for each full calendar month. The expiration or termination of this Agreement does not relieve a Party of its financial obligations to the other Party which have accrued and become due hereunder prior to the date of such expiration or termination. Each Party (the “Payor”) may offset or deduct from, or set off against, any payment owed by the Payor to the other Party (the “Payee”) any undisputed amount that the Payee owes to the Payor if and to the extent that such amount is undisputedly owed and due to the Payor under this Agreement. The Payor shall provide the Payee with written notice of the offset, deduction, or set-off (identifying the cause and sum of both the amount owed by the Payee and the payment from which such amount is offset or deducted or against which it is set off) at the time the remaining payment owed by the Payor is made or, if no part of such payment is remaining, at the time such payment would have had to be made. Any such undisputed offset, deduction, or set-off of any amount by the Payor shall satisfy the obligation of the Payor to pay such amount as if such amount had been paid by the Payor to the Payee.
Currency and interest. All payments shall be in United States currency, and any amount not paid when due shall bear interest at one and one-half percent (1.5%) per month, or the maximum rate allowed by the governing law under this Agreement. Costs of conversion, collection and related bank charges shall be paid by Licensee.
Currency and interest. All payments required under this Section 5 shall be made in U.S. dollars. For purposes of converting Chinese RMB, or other currencies applicable to the Territory, directly into U.S. dollars, the Parties shall use the average of the exchange rate for current transactions as reported in the Wall Street Journal or Bloomberg for the five Business Days prior to the day upon which the obligation to make a payment under Section 5.3 arose. Any payment under this Section 5 not paid on or before the specified due date shall bear interest, to the extent permitted by applicable law, at the rate of [*] per month on the unpaid balance, calculated on the number of days such payment is delinquent.
Currency and interest. Payments and any other amounts to be paid at this time are made in ACME or in other currency that may be agreed by the Parties. 6.4.
Currency and interest. All payments shall be in U.S. Dollars, and any --------------------- amount not paid when due shall bear interest at the lower of one and one-half percent (1.5%) per month, or the maximum rate allowed by applicable law. Costs of wire transfers, conversion, collection and related bank charges shall be paid by Licensee. Licensee assumes all risks of currency shortages, repatriation restrictions and exchange fluctuations.
Currency and interest. Payments and any other amounts payable hereunder shall be made in the currency of US Dollars or such other currency as may be agreed by the Parties.
Currency and interest. All references to currency in this Agreement (or any exhibit or schedule hereto) shall be deemed to refer to Canadian dollars. In the event that either of the Parties defaults in its obligation to make any payment hereunder, the defaulting Party shall pay the other Party interest at the prime rate in effect from time to time at the Royal Bank of Canada for Canadian dollar loans, plus two percent. Rights and remedies provided to the nondefaulting Party by this Section 7.14 are cumulative and in addition to any other rights and remedies which such Party may have at law or equity.
Currency and interest. Payments and any other amounts payable hereunder shall be calculated monthly and shall be paid toSERVICECO no later thanthe Payment Date. 2. The Receiving Party's obligations with respect to Disclosing Party's Confidential Information shall survive any expiration or termination of this Agreement. 5.4.
