Common use of Exchange Rate; Manner and Place of Payment Clause in Contracts

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in US dollars. With respect to each quarter, for countries other than the US, whenever conversion of payments from any foreign currency shall be required, such conversion shall be made at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which payments are payable as published by The Wall Street Journal, Western US Edition, during the calendar quarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by Sequenom, unless otherwise specified by Sequenom.

Appears in 3 contracts

Samples: Collaboration Agreement (Sequenom Inc), Collaboration Agreement (Sequenom Inc), Collaboration Agreement (Sequenom Inc)

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Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in US U.S. dollars. With respect to each quarter, for countries other than the US, whenever When conversion of payments from any foreign currency shall be is required, such conversion shall be made at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which payments the Percentage-Based Payments are payable as published by The Wall Street Journal, Western US Eastern U.S. Edition, during the calendar quarter Calendar Quarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer in immediately available funds to a bank and account designated in writing by SequenomMaxim, unless otherwise specified in writing by SequenomMaxim.

Appears in 2 contracts

Samples: License and Collaboration Agreement (Myriad Genetics Inc), License and Collaboration Agreement (Myriad Pharmaceuticals, Inc.)

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in US U.S. dollars. With respect to each quarter, for countries other than the USUnited States, whenever conversion of payments from any foreign currency shall be required, such conversion shall be made at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which payments are payable as published by The Wall Street Journal, Western US U.S. Edition, during the calendar quarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by Sequenomthe payee, unless otherwise specified by Sequenomsuch payee.

Appears in 2 contracts

Samples: Development Agreement (Acadia Pharmaceuticals Inc), Development Agreement (Acadia Pharmaceuticals Inc)

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in US United States dollars. With respect to each quarter, for countries other than the USUnited States, whenever conversion of payments from any foreign currency shall be required, such conversion shall be made at an exchange the rate equal to the weighted average of the rates of exchange for the currency of the country from which payments are payable as published by reported in The Wall Street Journal, Western US Edition, during Journal on the calendar quarter for which a payment is duelast business day of the applicable reporting period. All payments owed under [***] Certain information in this Agreement shall be made by wire transfer document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to a bank and account designated in writing by Sequenom, unless otherwise specified by Sequenomthe omitted portions.

Appears in 1 contract

Samples: And Development Agreement (Ulthera Inc)

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Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in US U.S. dollars. With respect to each quarter, for countries other than the USUnited States, whenever conversion of payments from any foreign currency shall be required, such conversion shall be made at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which payments are payable as published by The Wall Street Journal, Western US U.S. Edition, during the calendar quarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer check payable to a bank and account designated in writing by Sequenomthe order of the payee, unless otherwise specified by Sequenomsuch payee.

Appears in 1 contract

Samples: Development Agreement (Memory Pharmaceuticals Corp)

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