Lari definition
Examples of Lari in a sentence
All payments by Zinc Network to your organization will be made in Georgian Lari (GEL).
A money spending scheme from different currency ACCOUNT(s) linked to one CARD will depend on the abovementioned choice of the CLIENT, in particular: - An OPERATION will be first of all carried out from the currency ACCOUNT relevant to that OPERATION; if this ACCOUNT holds insufficient or no funds, a required part of the amount will be first charged to the main ACCOUNT and then – to other ACCOUNT(s) in the following ORDER: Georgian Lari, USD, Euro.
Each of the Vendors hereby sells and transfers to Lari through the Purchaser, and Lari through the Purchaser hereby purchases and acquires from each of the Vendors, all of each of the Vendors' right, title and interest in and to the Interests.
In addition, these books and accounts shall also be maintained in Lari to the extent required and provided by law.
The authorized share capital is 20,000,000 (twenty million) Lari.
Upon each deposit of an amount of the Financing into the Foreign Currency Account for PRSO II, the Recipient shall convert such an amount into Lari and deposit such Lari amount into the Treasury Single Account.
At least fifteen (15) calendar days prior to the commencement of each calendar quarter, MCA- Georgia or its designated agent will submit to the Ministry a copy of the quarterly Financial Plan which will forecast for the following calendar quarter and identify, in Georgia Lari, any VAT or excise taxes imposed on goods, labor and services procured by MCA-Georgia, Implementing Entities, Providers, and contractors under the Compact (“Reimbursable VAT and Excise Tax Expense”).
The following event is specified as an additional condition to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01 (b) of the General Conditions, namely the Borrower has opened the Project Account in Lari and has deposited into said Account an initial amount equivalent to $50,000.
Any fee to be charged for bidding documents shall be reasonable and reflect only the cost of their printing and delivery to prospective bidders, shall be non-refundable, and may be paid in Georgian Lari or in a specified convertible foreign currency equivalent (i.e., USD, EURO, etc.).
Upon receipt of such amount, the Treasury shall deposit an equivalent Lari amount into the Treasury’s Lari-denominated Treasury Single Account to be used to finance Eligible Expenditures under the Project as identified in the respective AWP.