Philippine Pesos definition
Examples of Philippine Pesos in a sentence
If the Account Currency is in Philippine Pesos and the Cardholder uses his Card outside the Philippines, the transaction shall be converted to its Philippine Peso equivalent based on the Visa Foreign Exchange rate at the time of the transaction plus 3% Foreign Exchange Fee and bank charges, as applicable.
Thirty percent (30%) The warranty security shall be stated in Philippine Pesos and shall remain effective for one year from the date of issuance of the Certificate of Final Acceptance by the Procuring Entity, and returned only after the lapse of said one year period.
YOU shall pay HSBC a cash advance service fee of 3% of the amount drawn or Five Hundred Philippine Pesos (PHP500.00), whichever is higher, or such other amount as may be set by HSBC from time to time.
In the event of any action which YOU may file against HSBC for any cause whatsoever, YOU agree that HSBC’S liability shall not exceed the amount of Forty Thousand Philippine Pesos (PHP40,000.00) or the damages actually proven to have been suffered by YOU, whichever is lesser.
The majority of the tax assessments result primarily from the disallowance of APO’s income tax holiday incentives for taxable years 1999 to 2001 (approximately Philippine Pesos 1,078 million or U.S.$22.68 million as of 31 December 2008, based on an exchange rate of Philippine Pesos 47.52 to U.S.$1.00).
Unless otherwise provided in the SCC, the currency in which payment is made to the Supplier under this Contract shall be in Philippine Pesos.
In case YOU are issued two or more CARDS, YOU understand and agree to abide by the condition that HSBC may give YOU, at its sole discretion, a separate credit limit for each CARD issued to YOU, or a consolidated credit limit for all CARDS, expressed in Philippine currency (Philippine Pesos), subject to security features and credit limit management features that the HSBC may impose for YOUR benefit.
For conversion purposes for transactions between United States Dollars and Philippine Pesos or any other currency, the applicable exchange rate shall be the exchange rate as quoted by the Philippine Dealing System on the day of the transactions.
The majority of the tax assessments result primarily from the disallowance of APO’s income tax holiday incentives for taxable years 1999 to 2001 (approximately Philippine Pesos 1,078 million or U.S.$22.1 million as of November 30, 2008, based on an exchange rate of Philippine Pesos 48.96 to U.S.$1.00).
In case YOU exceed YOUR approved CREDIT LIMIT on billing date, YOU shall pay HSBC an overlimit fee of Five Hundred Philippine Pesos (PHP500.00) for such billing period, or such other amount as may be set by HSBC from time to time.