Ringgits definition

Ringgits means the lawful currency of Malaysia.
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Examples of Ringgits in a sentence

  • The Hire Rate and all other payments due under this Charter are stated in US dollars and in the event that Owner is not authorized to accept U.S. dollars, or Charterer cannot for any period of time make any such payment in U.S. dollars (by Government intervention or law, rule or regulation or order of any court or tribunal of competent jurisdiction), then payment shall be made in Malaysia Ringgits.

  • Notwithstanding anything in the Purchase Agreement to the contrary, Agilent and Philips hereby agree that the allocation of the purchase price for tax purposes for Malaysia will be 4.7 million Malaysian Ringgits (which is equal to US $1,236,842, using a conversion rate of 3.8 Malaysian Ringgit for US $1, as agreed by Agilent and Philips) and not the amount on the Allocation Schedule.

  • As of the date of this Agreement, the authorized capital stock of NDA is 1000 consisting of One Thousand (1000) shares of NDA Ordinary Stock at $1.00 (in Malaysia Ringgits) per share.

  • The Borrower has requested, and the New Issuing Lender consents to, the following currencies being designated as Alternate Currencies with respect to Letters of Credit issued by the New Issuing Lender: Australian Dollars, Bahts, Dirhams, Euros, Indian Rupees, Kuwaiti Dinars, New Zealand Dollars, Norwegian Kroners, Reais, Ringgits, Rupiah, Singapore Dollars, Saudi Riyals and, the lawful currency of the Federal Republic of Nigeria, the Nigerian Niara.

  • The O&M Compensation and all other payments due under this Agreement are stated in United States dollars and in the event that Contractor is not authorized to accept United States dollars, or for any reason Contractor cannot for any period of time receive any such payment in United States dollars (by Government intervention or law, rule or regulation or otherwise), then payment shall be made in Malaysia Ringgits.

  • The Corporation shall pay Director a cash retainer of Three Thousand Malaysian Ringgits RM 3,000) per calendar month during Director’s period of Service (“Retainer”), payable in accordance with the Corporation’s normal and customary practices.