Korean Won definition
Examples of Korean Won in a sentence
As to drafts or acceptances under or purporting to be under the Letter of Credit, which are payable in foreign currency, Borrower may pay Lender in Korean Won at the current rate of exchange in Korea for cable transfer to the place of payment in the currency of the draft.
All amounts owed under the Agreement are to be paid in Korean Won unless otherwise agreed by both Red Hat and Partner.
Fees for the Services (the “Fees”) will be identified in an Order Form and are (a) due upon Red Hat’s acceptance of an Order Form or, for renewal of Services, at the start of the renewal term, and (b) payable in accordance with Section 3.2. Fees are stated in Korean Won, must be paid in Korean Won, and, unless otherwise specified in writing, do not include out-of-pocket expenses, customs, duties or shipping costs.
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.
Each Eurodollar Advance, Korean Eurodollar Advance and Korean Won Advance shall bear interest from and including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined as applicable to such Advance.
These Korean withholding taxes will be calculated based on the Korean Won equivalent of the aggregate sale price for the Deposited Securities, using the basic exchange rate quoted by the Seoul Money Brokerage Services, Ltd.
On March 31, 2023, or such other earlier date that the Seller and the Purchaser shall agree upon in writing, subject to the satisfaction or waiver in writing of the conditions to the First Closing set forth below (such date, as it may be extended in connection with a First Closing Default as contemplated below, the “First Closing Date”), the Purchaser shall purchase from the Seller the First Common Membership Interests in exchange for the First Purchase Price, which shall be payable in Korean Won (“KRW”).
Supplier shall be permitted to obtain the required insurance coverage under this Section 12.2 in the Korean Won equivalent of the insurance coverage amounts stated above.
Distributor’s liability under this Agreement shall be limited to a maximum of one hundred million (100,000,000) Korean Won.
The authorized capital stock of the Company consists of 12,000,000 shares of common stock, par value Korean Won 5,000 per share, of which 6,177,989 shares are issued (comprising (i) 2,229,230 shares held by Tower Automotive Holdings Asia BV, (ii) 2,018,140 shares held by Tower Automotive International Holdings BV and (iii) 1,930,619 Treasury Shares).