Deutsche Mark definition

Deutsche Mark and “DEM” each means the lawful currency of the Federal Republic of Germany;

Deutsche Mark and “DEM” mean the lawful currency of Germany, but if such currency shall be replaced with the Euro, then “Deutsche Mark” and “DEM” shall be replaced by “Euro” for purposes of the Loan, at the ratio in effect as of the date of such replacement;

Deutsche Mark xxans the lawful currency of the Federal Republic of Germany.

Examples of Deutsche Mark in a sentence

• The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Loan Agreement, an amount equal to forty-five million Deutsche Mark (DEM 45,000,000).

• The German Foreign Exchange Control Authorities shall continue to issue any licence necessary for a conversion pursuant to the Conversion Law or for a modification of the conversion rate pursuant to the legislation on Deutsche Mark balance sheets, to the extent that the creditor is entitled to such conversion or modification.

• The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Loan Agreement: (a) an amount equal to eight million Dollars ($8,000,000) (the Dollar Tranche), and (b) an amount equal to twelve million Deutsche Mark (DEM 12,000,000) (the Deutsche Mark Tranche).

• The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in the Loan Agreement, an amount equal to thirty million Deutsche Mark (DEM 30,000,000).

• SCHEDULE 3 Amortization Schedule Payment of Principal Date Payment Due (Expressed in Deutsche Mark)* On each June 15 and December 15 beginning December 15, 2001 through June 15, 2011 1,500,000 * The figures in this column represent the amount in Deutsche Marks to be repaid, except as provided in Section 4.04 of the General Conditions.

More Definitions of Deutsche Mark

Deutsche Mark means Deutsche Mark in the currency of the Federal Republic of Germany.

Deutsche Mark and "DM" mean the lawful currency of Germany, but if such currency shall be replaced with the European Currency Unit, then ‘Deutsche Mark’ and ‘DM’ shall be replaced by ‘European Currency Unit‘ and ‘ECU’ for purposes of the Loan, at the ratio in effect as of the date of such replacement;

Deutsche Mark means the lawful currency of the Federal Republic of Germany.

Deutsche Mark and "DM" mean the lawful currency of Germany.

Deutsche Mark xx "DM" is to the lawful currency for the time being of Germany and, following the commencement of the third stage of the European Monetary Union in Germany, is a reference to EURO or, as the case may be, to a sub-denomination of EURO;

Deutsche Mark means the lawful currency of the Federal Republic of Germany. "Domestic Raxx" means, for any day, the greater of (i) the rate of interest announced by the Agent from time to time as its prime commercial rate, as in effect on such day (it being understood and agreed that such rate may not be the Agent's best or lowest rate); and (ii) the sum of (x) the rate determined by the Agent to be the average (rounded upwards, if necessary, to the next higher 1/100 of 1%) of the rates per annum quoted to the Agent at approximately 10:00 a.m. (Chicago time) (or as soon thereafter as is practicable) on such day (or, if such day is not a Business Day, on the immediately preceding Business Day) by two or more Federal funds brokers selected by the Agent for the sale to the Agent at face value of Federal funds in an amount equal or comparable to the principal amount owed to the Agent for which such rate is being determined, plus (y) 1/2 of 1%. "Domestic Rate Portions" is defined in Section 2.1(a) hereof. "EBIT" means, for any period, Consolidated Net Income for such period plus all amounts deducted in arriving at such Consolidated Net Income amount for such period for Interest Expense and for foreign, federal, state and local income tax expense. "EBITDA" means, for any period, EBIT for such period plus (i) all amounts deducted in arriving at such EBIT in respect of all amounts properly charged for depreciation of fixed assets and amortization of Capital Leases and intangible assets during such period on the books of the Company and its Subsidiaries and (ii) (to the extent such period includes the third fiscal quarter of the fiscal year of the Company ended on or about December 31, 1998) all the Fiscal 1998 Charges during such period, all as determined in accordance with GAAP. "EMU" means economic and monetary union as contemplated in the Treaty on European Union. "EMU Commencement" means the date of commencement of the third stage of EMU (which at the date hereof is expected to be on January 1, 1999) or the date on which circumstances arise which (in the opinion of the Agent) have substantially the same effect and result in substantially the

Deutsche Mark xxans lawful money of the Federal Republic of Germany.