Common use of Currency; Exchange Rate Clause in Contracts

Currency; Exchange Rate. All payments under this Agreement shall be payable in U.S. Dollars. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars for calculating Net Sales in a Calendar Quarter (for purposes of both the royalty calculation and whether a Net Sales milestone has been achieved) shall be made at the average exchange rate as published by the Wall Street Journal for such Calendar Quarter, or such other source as the Parties may agree in writing.

Appears in 6 contracts

Samples: License Agreement (Zai Lab LTD), License Agreement (Zai Lab LTD), License Agreement (Cullinan Oncology, LLC)

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Currency; Exchange Rate. All payments under this Agreement shall be payable in U.S. Dollars. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars for calculating Net Sales in a Calendar Quarter (for purposes of both the royalty calculation and whether a Net Sales milestone has been achieved) shall be made at the average exchange rate as published by the Wall Street Journal for such Calendar Quarter, or such other source as the Parties may agree in writing.. [***] = CERTAIN CONFIDENTIAL INFORMATION OMITTED

Appears in 2 contracts

Samples: License Agreement (Zai Lab LTD), License Agreement (Zai Lab LTD)

Currency; Exchange Rate. All payments under this Agreement shall will be payable in U.S. Dollars. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars for calculating Net Sales in a Calendar Quarter [***] (for purposes of both the royalty calculation and whether a Net Sales milestone has been achieved) shall will be made at the average exchange rate as published by the Wall Street Journal for such Calendar Quarter[***], or such other source as the Parties may agree in writing.

Appears in 1 contract

Samples: License Agreement (Turning Point Therapeutics, Inc.)

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Currency; Exchange Rate. All payments under this Agreement shall be payable in U.S. Dollars. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars for calculating Net Sales in a Calendar Quarter (for purposes of both the royalty calculation and whether a Net Sales milestone has been achieved) shall be made at the average exchange rate as published by the Wall Street Journal for such Calendar Quarter, or such other source as the Parties may agree in writing.. [***] = Certain Confidential Information Omitted 231245765 v3

Appears in 1 contract

Samples: License Agreement (Turning Point Therapeutics, Inc.)

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