Bolivares definition
Examples of Bolivares in a sentence
The capital stock of Petrodelta consists of 1,000,000,000 Bolivares and 100,000 shares of common stock with a par value of 10,000 Bolivares each, which are classified as Class A shares or Class B shares.
Such payments shall be made in Dollars of the United States or in Bolivares at the applicable purchase exchange rate fixed by the Venezuelan Central Bank two (2) days prior to the date of payment.
EQUIVALENT AMOUNTS --------------------------- In order to comply with article 95 of the Act of the Central Bank of Venezuela, the equivalent amount in Bolivares of all the amounts stated herein in American Dollars shall be the amount resulting from applying thereto the exchange rate differential of six hundred ninety nine Bolivares with fifty cents per American Dollars (Bs.699.50 per US$).
A) Mavesa's capital stock is divided into three billion, six hundred ninety million (3,690,000,000) common registered shares of a single class with a par value of ten Bolivares (Bs. 10) each.
The par value of such shares (the "Shares") is 10 Bolivares (Bs. 10) each, two hundred ninety-six million, six hundred seven thousand, one hundred fifty-nine (296,607,159) of which are represented by four million, nine hundred forty-three thousand, four hundred fifty-three (4,943,453) American Depositary Receipts (the "ADRs") issued by The Bank of New York and, together with the Shares, the "Securities".