Chilean Pesos definition

Chilean Pesos means the legal tender of Chile. “Commitment Period” has the meaning as defined in clause /Two.Three/ of this Agreement. “Interest Period” has the meaning attributed to such term in Clause /Four.Two./of this Agreement. “Related Parties” means those defined as such in article one hundred of law number eighteen thousand forty-five. “Loan” has the meaning attributed to such term in Clause
Chilean Pesos means the lawful money of Chile.
Chilean Pesos means the lawful currency of Chile.

Examples of Chilean Pesos in a sentence

Gold is sold throughout the world based principally on a US Dollar price, but a portion of the Company’s operating and capital expenses are incurred in Brazilian Reais, Argentine Pesos, Chilean Pesos and Canadian Dollars.

In the case of an exploitation concession the annual patent fee is calculated as one-tenth (1/10th) of the Monthly Tax Unit per hectare (for example, in March 2010 the M.T.U. was 36,752 x 1/10th = 3,675.2 Chilean Pesos per hectare which, at the Observed US$/Peso exchange rate of 516.33 at March 15, 2010 equated to approximately US$7.11 per hectare for exploitation concessions).

The Company operates in Canada, Argentina and Chile and a portion of its expenses are incurred in United States (“US”) dollars, Australian dollars and in Argentine and Chilean Pesos.

Financial instruments that impact the Company’s net earnings or other comprehensive income due to currency fluctuations include cash accounts, amounts receivable and accounts payable in: US dollars, Argentine Pesos, Chilean Pesos and Paraguayan Guarani.

Certain consolidated subsidiaries report statutory financial statements in Brazilian Reales and Chilean Pesos, their main functional currencies.

A significant portion of the Company’s expenditures are denominated in Brazilian Reais, Argentine Pesos, Chilean Pesos and to a lesser extent Canadian Dollars, Mexican Pesos and Honduran Lempiras.

Non-monetary taxable assets and liabilities are determined in Chilean Pesos and are converted to the functional currency of Colbún and its subsidiaries at the exchange rate indicated for each period closing date.

However, the Company’s operating expenses are incurred predominantly in Brazilian Reais (BRL), Chilean Pesos (CLP), Argentine Pesos (ARG) and to a lesser extent in Canadian Dollars (CAD), United States Dollars and Mexican Pesos.

Some consolidated subsidiaries report legal financial statements in Brazilian Reales and Chilean Pesos.

In the case of an exploitation concession the annual patent fee is calculated as one-tenth (1/10th) of the Monthly Tax Unit per hectare (for example, in March 2008 the M.T.U. was 34,668 x 1/10th = 3,466.8 Chilean Pesos per hectare which, at the average exchange rate for March 2008, equated to approximately US$7.83 per hectare for exploitation concessions).


More Definitions of Chilean Pesos

Chilean Pesos. Pesos, the lawful currency of Chile.

Related to Chilean Pesos

Mexican Pesos means the lawful currency of Mexico.
Swiss Francs means the lawful currency of Switzerland.
Swiss Franc means the lawful currency of Switzerland.
Pesos means the lawful currency of Mexico.
Swedish Kronor and "SEK" means the lawful currency of Sweden.
Japanese Yen means the lawful currency of Japan.
British Pounds Sterling means the lawful currency of Great Britain.
Singapore Dollars means the lawful currency of Singapore.
NOK means Norwegian kroner, being the lawful currency of Norway.
Hong Kong Dollars means the lawful currency of Hong Kong.
Euros means the currency adopted by those nations participating in the third stage of the economic and monetary union provisions of the Treaty on European Union, signed at Maastricht on February 7, 1992.
Rupees (or Rs. in abbreviation) shall mean Rupees in Indian Currency.
Pounds Sterling means the lawful currency of the United Kingdom.
Pound Sterling means the lawful currency of the United Kingdom.
Australian Dollars means the lawful currency of Australia.
HKD means Hong Kong dollars.
Ringgit Malaysia or “RM” means the lawful currency of Malaysia;
DKK means Danish kroner.
Renminbi means the lawful currency of the PRC.
Canadian Dollars means the lawful currency of Canada.
New Zealand Dollars means the lawful currency of New Zealand.
Yen and “¥” mean the lawful currency of Japan.
Rupee Rupees”, “Rs” or new rupee symbol “ ” shall denote Indian Rupees, the lawful currency of India;
CHF means the lawful currency of Switzerland.
Australian Dollar means the lawful currency of Australia.
Pounds means the lawful currency of the United Kingdom.