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 and shall be made by electronic funds transfer in immediately available funds to a bank and account designated in writing by AnaptysBio, unless otherwise specified in writing by AnaptysBio. When conversion of payments from any foreign currency is required, such conversion shall be made at the rate of exchange used by Client throughout its accounting system for the applicable calendar quarter.

Appears in 3 contracts

Samples: Antibody Generation Agreement (Anaptysbio Inc), Antibody Generation Agreement (Anaptysbio Inc), Antibody Generation Agreement (Anaptysbio Inc)

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Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars and shall be made by electronic funds transfer in immediately available funds to a bank and account designated in writing by AnaptysBio, unless otherwise specified in writing by AnaptysBiodollars. When conversion of payments from any foreign currency is required, such conversion shall be made at calculated using an exchange rate equal to the rate weighted average of the rates of exchange used by Client throughout its accounting system for the applicable currency of the country from which the royalties are payable as reported on Xxxxx.xxx, during the calendar quarterquarter for which a payment is due. All payments owed under this Agreement shall be made by wire transfer in immediately available funds to the bank and account designated in writing by Arcus.

Appears in 3 contracts

Samples: Option and License Agreement (Arcus Biosciences, Inc.), Option and License Agreement (Arcus Biosciences, Inc.), Option and License Agreement (Arcus Biosciences, Inc.)

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Exchange Rate; Manner and Place of Payment. All payments hereunder shall be payable in U.S. dollars and shall be made by electronic funds transfer in immediately available funds to a bank and account designated in writing by AnaptysBio, unless otherwise specified in writing by AnaptysBiodollars. When conversion of payments from any foreign currency is required, such conversion shall be made at the exchange rate of exchange used by Client OMP throughout its accounting system during the calendar quarter for the applicable calendar quarterwhich a payment is due. All payments owed under this Amendment shall be made by wire transfer in immediately available funds to a bank and account designated in writing by JR, unless otherwise specified in writing by JR.

Appears in 1 contract

Samples: Services and Confidentiality Agreement (Obagi Medical Products, Inc.)

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