Exchange Risk. For those debts incurred by the Applicant in foreign currencies, the Applicant may elect to pay the debts due in any foreign currency or New Taiwan dollars. The Applicant agrees that if the debts it owes to the Bank are to be repaid in New Taiwan dollars, the Bank may elect the spot exchange rate prevailing on the due day or the payment day; provided, however, that if the Applicant intends to prepay the debts, it must obtain the prior consent of the Bank.
Exchange Risk. A risk that the Individual Portfolio will incur losses due to the change of the exchange rate of the base currency of the Individual Portfolio and
Exchange Risk. Where it is necessary to make a currency conversion, you will bear all foreign currency exchange risk arising from any contract or from the compliance by us with our obligations or the exercise by us of our rights under this Agreement.
Exchange Risk. You would incur additional risk of currency fluctuations where you effect a transaction involving different currencies, or where you carry on your ordinary business or keep your accounts in a currency other than the base currency in which the transaction is denominated.
Exchange Risk. DOE shall have received, in form and substance satisfactory to it, evidence that the Borrower has a commercially reasonable strategy with respect to foreign exchange.
Exchange Risk. This product is denominated in foreign currencies. Due to fluctuations in currency exchange rates, if the Settlor invested in NT dollars or other currencies other than the denominating currency of the product at the beginning of the investment, he/she must pay attention to the exchange risk that may occur during the distribution of dividends, the return of the investment amount, and when the money is converted back to NT dollars or the original currency.
Exchange Risk. In case, prior to the receipt by Seller of any amount, including an amount due to increased cost as elsewhere defined, payable in a currency other than Philippine Peso (hereinafter called the "Original Amount"), the value of the Philippine Peso relative to such currency increases for any reason whatsoever, so that the amount of Philippine Peso receivable upon conversion of the Original Amount on the date of receipt at the T.T. Buying rate quoted by Mizuho Bank, Ltd - Manila Branch, at the closing of such date, falls short of the amount of that would have been received upon conversion of the Original Amount at the T.T. Buying rate quoted by Mizuho Bank, Ltd - Manila Branch, at the closing of the date indicated on the face of this contract at the "Contract Date"( hereinafter called the "Contract Date"), Buyer shall pay to Seller, in addition to the Original Amount, an amount of such currency equivalent to such shortfall. Such additional payment shall be made, at Seller's option, by increase of Letter of Credit or telegraphic transfer upon Sellers invoice.
Exchange Risk. When trading CFDs where the underlying asset is a Cryptocurrency, you should be aware that the Cryptocurrencies are not recognised as Financial Instruments for the purposes of Markets in Financial Instruments Directive (MiFID). As cryptocurrencies are traded on non-regulated decentralized digital exchanges, accordingly the price formation and price movements of the Cryptocurrencies solely depend on the Internal rules of the particular digital exchange, which may be subject to change at any point in time without notice. This often leads to very high intra-day volatility in the prices of the cryptocurrencies, which may be substantially higher compared to financial instruments recognized and regulated under MiFID. Therefore, by trading CFDs in Cryptocurrencies you accept a significantly higher risk of loss of your invested capital, which may occur within a very short time frame as a result of sudden adverse price movements of the cryptocurrencies.
Exchange Risk. In case, prior to the receipt by Seller of any amount, including an amount due to increased cost as elsewhere defined, payable in a currency other than Ringgit Malaysia (hereinafter called the "Original Amount"), the value of the Ringgit Malaysia relative to such currency increases for any reason whatsoever, so that the amount of Ringgit Malaysia receivable upon conversion of the Original Amount on the date of receipt at the T.T. Buying rate quoted by The Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad, at the closing of such date, falls short of the amount of that would have been received upon conversion of the Original Amount at the T.T. Buying rate quoted by The Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad, at the closing of the date indicated on the face of this contract at the "Contract Date"( hereinafter called the "Contract Date"), Buyer shall pay to Seller, in addition to the Original Amount, an amount of such currency equivalent to such shortfall. Such additional payment shall be made, at Seller's option, by increase of Letter of Credit or telegraphic transfer upon Sellers invoice.
Exchange Risk. During the Year under review, the Group’s major foreign exchange payments arose from the import of components and materials, and repayments of foreign currency loans, that were principally denominated in US dollars, Hong Kong dollars, Renminbi and Canadian dollars. For settlement of import payments and foreign currency loans, the Group maintained its foreign exchange balance by its export revenue, that were principally denominated in US dollars and Canadian dollars. The unsecured risk will be foreign currency payables and loan exceeds its foreign currency revenue. During the year, the Group has used forward foreign currency contracts to minimise its exposure to currency fluctuations risk of certain trade payables denominated in foreign currencies. Contingent liabilities The Group had no material contingent liabilities as at 30 June 2014 (30 June 2013: Nil). Segment information Group’s brand products For the Year, the segment’s revenue decreased by 6% to US$110,164,000 from US$117,578,000 last year, the segment profit is US$2,186,000, compare to US$3,597,000 last year, which included a non-recurring exchange gain reclassified from exchange reserve to profit or loss upon liquidation of subsidiaries of US$1,825,000. Going forward, we continue to develop the best products and deliver the best gaming experience to our loyal customers. Other brand products The turnover of the distribution division for the Year was increased by 28% to US$123,541,000 from US$96,590,000 last year, the segmental profit is US$611,000, compared to US$322,000 last year. We strive to be lighter and simpler to react better to the dymanics of the business environment. MANAGEMENT PROFILE Management Profile PINE Technology Holdings Limited and XFX Family of Brands Executive Directors Xx. Xxxx Xxxx Xxx, aged 54, is the chairman of the Company and a co-founder of the Group. He was also appointed as the chief executive officer of the Company in January 2003. He is the chairman of the Nomination Committee, a member of Remuneration Committee and a director of certain subsidiaries of the Company. He is responsible for overall strategic planning and formulation of corporate strategy of the Company. He holds a bachelor degree of science in economics from the Salem State College in the United States (the “US”) and a master degree in business administration from Northeastern University in the US. He has over 25 years of experience in the computer industry and also served as director of two health foo...
