Foreign Exchange Trade definition
Examples of Foreign Exchange Trade in a sentence
The interest on convertible notes under the Agreement is calculated at the loan prime rate (LPR) for the same period loans announced by the China Foreign Exchange Trade System National Interbank Funding Center, from the date of delivery of the fund to the date of repayment of the debt.
SHIBOR means the Shanghai Interbank Offered Rate as published on ▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇, by China Foreign Exchange Trade System & National Interbank Funding Centre under the authorisation of the People's Bank of China, at around 11.30 a.m., Beijing time on each business day, including 8 critical terms, i.e. O/N, 1W, 2W, 1M, 3M, 6M, 9M, 1Y, each representing the rate for the corresponding period.
Securities and Financial Product Transactions are principally conducted in China interbank bond market and China exchange bond market, exchanges (including stock exchanges, future exchanges, Shanghai Gold Exchange and China Foreign Exchange Trade System) and other over-the-counter markets, with transaction prices and related fees determined based on prevailing market prices.
Unless otherwise provided in the Transaction Agreements, if the conversion to USD of any amount expressed in another currency is necessary for any payment to be made under this Agreement (or any other purposes as specified hereunder), such conversion shall be conducted at, in the case of a conversion from RMB to USD or from USD to RMB, the RMB : USD middle exchange rate published by China Foreign Exchange Trade System under the authorization of the People’s Bank of China.
For the purpose of calculating of Net Sales expressed in currencies other than U.S. Dollars), the paying Party shall convert any amount expressed in a foreign currency into U.S. Dollar equivalents using an exchange rate equal to the [***] for US dollars against other currencies published by the China Foreign Exchange Trade System under the authorization of the People’s Bank of China on the Internet at ▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇.▇▇/safe/rmbhlzjj/index.html.
The Purchaser shall ensure that the amount in any currency finally used to pay the Purchase Price shall, if converted to RMB at the central parity rate of RMB against the relevant foreign currency published by the China Foreign Exchange Trade System on the date on which the payment or the conversion is actually made, be equal to the Purchase Price.
If any party paid in foreign currency, the payment shall be exchange to US dollar according to the exchange rate published on the official website of China Foreign Exchange Trade System on the date of remittance.
The Securities and Financial Products Transactions are conducted through the PRC inter-bank bond market and the PRC exchange bond market, exchanges (including stock exchanges, futures exchanges, Shanghai Gold Exchange and China Foreign Exchange Trade System) and the open-ended fund market.
Until so surrendered, each such outstanding HeaterMeals stock certificate shall be deemed for all corporate purposes to evidence the ownership either (i) of the right to receive the pro rata share of the Exchange Price to which the shares represented by such HeaterMeals stock certificate became entitled at the Effective Time or (ii) the rights of appraisal and payment as are provided by Article 113 of the Colorado Business Corporation Act.
The Parties hereby agree that, with respect to the RMB to the USD exchange rate hereunder or under any other trading document, the rate promulgated by China Foreign Exchange Trade System on the day of payment shall prevail.