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 U.S. dollars. With respect to each quarter for countries other than the United States, whenever conversion of payments from any foreign currency shall be required, such conversion shall be made at the rate of exchange reported in The Wall Street Journal, Western Edition, on the last business day of the applicable quarter. All payments owed under this Agreement shall be made by wire transfer to a bank and account designated in writing by Licensor, unless otherwise specified in writing by Licensor.

Appears in 2 contracts

Samples: Exclusive License Agreement (Connect Biopharma Holdings LTD), Exclusive License Agreement (Connect Biopharma Holdings LTD)

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Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. With respect to each quarter for countries other than the United States, 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 rate weighted average of the rates of exchange reported in for the currency of the country from which such payments are payable as published by The Wall Street Journal, Western Edition, on U.S. Edition during the last business day of the applicable quartercalendar 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 Licensor, unless otherwise specified in writing by Licensor.

Appears in 2 contracts

Samples: License Agreement (Longboard Pharmaceuticals, Inc.), License Agreement (Longboard Pharmaceuticals, Inc.)

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. With respect to each quarter for countries other than the United States, 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 rate weighted average of the rates of exchange reported in The Wall Street Journal, Western Edition, on for the last business day currency of the applicable quartercountry from which such payments are payable [***] 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 LicensorInventiva, unless otherwise specified in writing by Licensor.Inventiva. [***]

Appears in 1 contract

Samples: Exclusive License and Collaboration Agreement (Inventiva S.A.)

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. With respect to each quarter for countries other than the United States, 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 rate weighted average of the rates of exchange reported in The Wall Street Journalfor * Confidential Information, Western Editionindicated by [***], on has been omitted from this filing and filed separately with the last business day of the applicable quarter. All payments owed under this Agreement shall be made by wire transfer to a bank Securities and account designated in writing by Licensor, unless otherwise specified in writing by LicensorExchange Commission.

Appears in 1 contract

Samples: License Agreement (Ocera Therapeutics, Inc.)

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Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. With respect to each quarter for countries other than the United States, whenever When conversion of payments from any foreign currency shall be is required, such conversion shall be made at calculated using an exchange rate equal to the rate weighted average of the rates of exchange reported in for the currency of the country from which the royalties are payable as published by The Wall Street Journal, Western Eastern U.S. Edition, on during the last business day of the applicable quartercalendar 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 the bank and account designated in writing by Licensor, unless otherwise specified in writing by LicensorYouHealth.

Appears in 1 contract

Samples: Option and License Agreement (Acucela Inc.)

Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars. With respect to each quarter for countries other than the United States, 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 rate average of the rates of exchange reported in for the currency of the jurisdiction from which such payments are payable as published by The Wall Street Journal, Western Edition, on U.S. Edition during the last business day of the applicable quarterCalendar 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 LicensorAllogene, unless otherwise specified in writing by LicensorAllogene.

Appears in 1 contract

Samples: Exclusive License Agreement (Allogene Therapeutics, Inc.)

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