Israeli Shekel definition
Examples of Israeli Shekel in a sentence
The Payment shall be made in U.S. Dollars if permissible by law, the payment may also be made in New Israeli Shekel (“NIS”) at the representative rate of exchange for the U.S. Dollar published by the Bank of Israel on the day of date of grant.
Notwithstanding such review, on each anniversary of the effective date of this Agreement, the Base Salary shall be adjusted upward in an amount equal to the official anticipated net Israeli inflation rate as published by the Israeli Central Bureau of Statistics in the month of December immediately preceding such anniversary, in each case for the year immediately following such anniversary, as adjusted for any changes in the value of the New Israeli Shekel against the U.S. Dollar.
The authorized capitalization of BVR on the date of the Closing shall be 200,000,000 New Israeli Shekel divided to 200,000,000 Ordinary Shares, par value NIS 1.00 each.
While Harmonic does not anticipate that near-term changes in exchange rates will have a material impact on future operating results, fair values or cash flows, Harmonic cannot assure you that a sudden and significant change in the value of the Israeli Shekel or British Pound would not harm Harmonic's financial condition and results of operations.
For the currencies of "client specific markets," those markets where for regulatory or other reasons we do not maintain omnibus accounts for client cash, on which we pay credit interest (which at this time are the Hungarian Forint, Israeli Shekel, Polish Zloty, Korean Won and Taiwanese Dollar), we will no longer be taking a spread for providing interest on cash balances.
It is hereby clarified that the Insurance proceedings made by the insurer to the ASSOCIATION and /or to the Supplier under Section A (property) of the CAR policy will be in New Israeli Shekel or Euro.
The authorized capitalization of BVR on the date hereof is 5,000,000 New Israeli Shekel divided to 2,000,000 Preferred Shares, par value NIS 0.5 each and 8,000,000 Ordinary Shares, par value NIS 0.5 each.
Payment by each Investor of such aggregate Price Per Share shall be made in US Dollars, or, at the election of such Investor, in the New Israeli Shekel equivalent thereof, calculated in accordance with the official representative rate of exchange of the US Dollar into NIS last published by the Bank of Israel and known at the time of actual payment under this Agreement.
Each Ordinary Share, of no par value, of Merger Sub issued and outstanding immediately prior to the Effective Time shall be automatically and without further action converted into one validly issued, fully paid and nonassessable Ordinary Share, par value one New Israeli Shekel (NIS 1) per share, of the Surviving Company and such Ordinary Shares, shall constitute the only outstanding share capital of the Surviving Company.
Payment by each Investor of such aggregate PPS shall be made in US Dollars, or, at the election of such Investor, in the New Israeli Shekel equivalent thereof, calculated in accordance with the official representative rate of exchange of the US Dollar into NIS last published by the Bank of Israel and known at the time of actual payment under this Agreement.