Hong Kong Dollars definition
Examples of Hong Kong Dollars in a sentence
In the absence of such notification and subject to the applicable law, the Client’s Hong Kong dollars indebtedness will be charged with interest at an annual rate of the higher of (i) ten per cent above the prime lending rate of Hong Kong dollars quoted by the Standard Chartered Bank; or (ii) twelve and a half per cent above the prevailing one-month Hong Kong Inter-bank Offered Rate.
Except as described in both the Hong Kong Prospectus and the Preliminary Offering Circular, all dividends and other distributions declared and payable on the Shares to the shareholders of the Company in Hong Kong dollars are not subject to, and may be paid free and clear of and without deduction for or on account of, any withholding or other Taxes imposed, assessed or levied by or under the Laws of Hong Kong, the U.S. or the PRC (as the case may be) or any Taxing or other Authority thereof or therein.