Example ContractsClausesCurrency; Exchange Rate; Blocked Currency
Currency; Exchange Rate; Blocked Currency
Currency; Exchange Rate; Blocked Currency contract clause examples

Currency; Exchange Rate; Blocked Currency. All payments to be made by Ji Xing to [[Cytokinetics:Organization]] under this Agreement shall be made in Dollars by bank wire transfer in immediately available funds to a bank account designated by written notice from [[Cytokinetics:Organization]]. The rate of exchange to be used in computing the amount of currency equivalent in Dollars shall be made at the average of the closing exchange rates reported in The Wall Street Journal (U.S., Eastern Edition) for the first, middle and last Business Days of the applicable reporting period for the payment due. In the event that, by reason of Applicable Laws in any country or region in the Territory, it becomes impossible or illegal for Ji Xing to transfer, or have transferred on its behalf, payments owed to [[Cytokinetics:Organization]] hereunder, Ji Xing will promptly notify [[Cytokinetics:Organization]] of the conditions preventing such transfer and such payments will be deposited in local currency in the relevant country to the credit of [[Cytokinetics:Organization]] in a recognized banking institution designated by [[Cytokinetics:Organization]] or, if none is designated by [[Cytokinetics:Organization]] within a period of ​ days, in a recognized banking institution selected by Ji Xing, as the case may be, and identified in a written notice given to [[Cytokinetics:Organization]].

Blocked Currency. In each country where the local currency is blocked and cannot be removed from the country, reimbursements or other payments in that country that are to be under this Agreement in RMB shall instead be paid to FibroGen China or AstraZeneca, as the case may be, in the equivalent amount in Dollars.

In a given country, if by reason of Applicable Law (for example governmental restrictions on foreign exchange trade) the local currency is blocked and cannot be removed from such country, Roche will notify Atea in writing and

Currency; Exchange Rate; Blocked Currency. All payments to be made by Ji Xing to [[Cytokinetics:Organization]] under this Agreement shall be made in Dollars by bank wire transfer in immediately available funds to a bank account designated by written notice from [[Cytokinetics:Organization]]. The rate of exchange to be used in computing the amount of currency equivalent in Dollars shall be made at the average of the closing exchange rates reported in The Wall Street Journal (U.S., Eastern Edition) for the first, middle and last Business Days of the applicable reporting period for the payment due. In the event that, by reason of Applicable Laws in any country or region in the Territory, it becomes impossible or illegal for Ji Xing to transfer, or have transferred on its behalf, payments owed to [[Cytokinetics:Organization]] hereunder, Ji Xing will promptly notify [[Cytokinetics:Organization]] of the conditions preventing such transfer and such payments will be deposited in local currency in the relevant country to the credit of [[Cytokinetics:Organization]] in a recognized banking institution designated by [[Cytokinetics:Organization]] or, if none is designated by [[Cytokinetics:Organization]] within a period of ​ days, in a recognized banking institution selected by Ji Xing, as the case may be, and identified in a written notice given to [[Cytokinetics:Organization]].

Currency; Exchange Rate. All payments to be made by Zai to NVCR or NVCR to Zai under this Agreement shall be made in Dollars by electronic funds transfer in immediately available funds to a bank account designated in writing by NVCR or Zai, as applicable. Conversion of Net Sales recorded in local currencies shall be converted to Dollars at the exchange rate set forth in The Wall Street Journal or any successor thereto for the last day of the Calendar Quarter in which the applicable payment obligation became due and payable.

Currency; Exchange Rate. All payments to be made under this Agreement shall be made in US Dollars by bank wire transfer in immediately available funds to a bank account designated by written notice from the receiving Party. When conversion of payments from any foreign currency is required, such conversion shall be at an exchange rate equal to the weighted average of the rates of exchange for the currency of the country from which such payments are payable as published by The Wall Street Journal, Western U.S. Edition during the quarter for which a payment is due. The payment of such interest shall not limit the Party entitled to payment from exercising any other rights it may have as a consequence of the lateness of any payment.

Blocked Currency. If, at any time, legal restrictions prevent Roche (or an Affiliate or Sublicensee) from remitting part or all of payments when due with respect to any country worldwide where Therapeutic Products or Licensed Products are sold, Roche shall continue to provide the reports set forth in [Section 9.2] for such payments, and such payments shall continue to accrue in such country, but Roche shall not be obligated to make such payments, and, for clarity, [Section 9.12.5] shall not apply to such payments, until such time as payment may be made through reasonable, lawful means or methods that may be available, as Roche shall reasonably determine.

Blocked Currency. If by Applicable Laws in a region in the Territory, conversion into U.S. Dollars or transfer of funds of a convertible currency to the United States becomes materially restricted, forbidden or substantially delayed, then Zai shall promptly notify TPTX and, thereafter, amounts accrued in such country or region under this ARTICLE 9 shall be paid to TPTX (or its 92975109_3

Blocked Currency. If by Applicable Laws in a country or jurisdiction in the Territory conversion into Dollars or transfer of funds of a convertible currency to the United States becomes materially restricted, forbidden or substantially delayed, then Acadia shall promptly notify Stoke and, thereafter, amounts accrued in such country or jurisdiction shall be paid to Stoke (or its designee) in such country or jurisdiction in local currency by deposit in a local bank designated by Stoke and to the credit of Stoke, unless the Parties otherwise agree.

Blocked Currency. Notwithstanding Section 11.12.1 or [Section 11.12.2], in the event that Licensee (or its Affiliate or Sublicensee) is prohibited by Applicable Law from making any payment (or portion thereof) to Relay under this Agreement with respect to any given country, such payments shall continue to accrue in such country, but Licensee shall not be obligated to make such payments until such time as payment may be made through reasonable, lawful means or methods that may be available, as Licensee shall reasonably determine, and at the time of payment shall pay such accrued royalties in Dollars using the actual exchange rate which is used to remove such sales proceeds from such country.

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