RMB Exchange Rate definition

RMB Exchange Rate means the middle exchange rate of RMB against US Dollar published by the PRC State Administration of Foreign Exchange (or if not published by the PRC State Administration of Foreign Exchange, the People’s Bank of China) on the date of determination in accordance with this Agreement.
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RMB Exchange Rate means RMB/HK$ Spot Rate of approximately 1.13 in effect on the
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RMB Exchange Rate means, as at any date, the prevailing CNH/Dollar rate of exchange offered by the BOC Arranger (or a specified Affiliate of the BOC Arranger) with respect to the conversion of RMB (traded outside the PRC) to Dollars on that date, as notified by the Redenomination Term Facilities Administrative Agent to the Parent Borrower (with notice to the Administrative Agent).
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Examples of RMB Exchange Rate in a sentence

  • In the event the date as of which the RMB Exchange Rate is to be determined does not fall on a Business Day, then the RMB Exchange Rate in effect on the next following Business Day shall apply.

  • The Parties hereby agree to jointly certify and confirm the Base Rate by completing and executing a certificate in the form attached hereto as Exhibit 1.5 and agree further to the allocation of duties and responsibilities to manage the risk of fluctuations in the RMB Exchange Rate from and after the Effective Date until such time as all payments of Earn Out, Escrow Amount and Excluded Properties Escrow Amount are made to the Seller (“Exchange Rate Risk”) as set forth in this Section 1.5.

  • If such written statement is not delivered by a Reviewing Party within twenty (20) days following the date of delivery of such Revenue Earnout Statement, then such Reviewing Party will have waived its right to contest such Revenue Earnout Statement and the determination of the Gross Revenue and RMB Exchange Rate Adjustment for such Earnout Year (and whether the Revenue Earnout Milestone has been satisfied for such Earnout Year) as set forth therein.

  • The Parties recognize and agree that the Seller’s acceptance of the terms and conditions of this Agreement assumes that the RMB value of any payments made to the Seller of Earn Out, Escrow Amount and Excluded Properties Escrow Amount (but not of Cash Payments) will reflect the RMB Exchange Rate in effect on the Effective Date (the “Base Rate”).


More Definitions of RMB Exchange Rate

RMB Exchange Rate means, with respect to a specified date, the RMB-to-US$ exchange rate, as reported by ▇▇▇▇.▇▇▇.▇▇, for such date.
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