RMB definition

RMB means Renminbi, the lawful currency of the PRC

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RMB means the lawful currency of the PRC.

RMB. Renminbi, the lawful currency of the PRC;

Examples of RMB in a sentence

• In any case that the rent needs to be denominated and settled in other currency (the currency should be accepted by Chinese banks and convertible into RMB), the actual amount of RMB exchanged by the bank designated by Party A shall prevail.

• The amount of Transferred Shares was calculated based on a valuation of RMB 950,000,000 for 100% of the shares of the Company.

• The amount of the deposit is equivalent to the rent for the three months (90 days) of the highest unit price within the lease term, which is RMB 480,793.

• Party A hereby agrees to transfer its 51% equity interest in the Target Company to Party B for a total consideration of RMB 5.1 million (in words: Five Million One Hundred Thousand Yuan Only), and Party B agrees to purchase it.

• Party B has paid RMB 462,650 for rental deposit under the original contract, and it will be automatically converted to the deposit under the Contract after the Contract becomes effective.

More Definitions of RMB

RMB means Renminbi, the lawful currency of the PRC.

RMB means the lawful currency of China;

RMB. Renminbi, the lawful currency of the PRC; “Shareholder(s)” the shareholder(s) of the Company;

RMB. Renminbi, the lawful currency of the PRC; “Share(s)” ordinary share(s) of HK$0.1 each in the share capital of the Company; “Shareholder(s)” holder(s) of the Share(s);

RMB means Renminbi, the official currency of China.

RMB or “Renminbi” means Renminbi Yuan, the lawful currency of the PRC.

RMB or “Renminbi” means Renminbi Yuan, the lawful currency of the PRC. “SAFE” means the State Administration of Foreign Exchange of the PRC.