Finnish Markka definition
Examples of Finnish Markka in a sentence
This foreign currency forward contract denominated in Finnish Markka was used to hedge the foreign exchange translation risk associated with the Company's investment in its Finnish subsidiary, ▇▇▇▇▇▇▇ Denver Oy. The contract was marked to market and both unrealized and realized gains were included as a component of accumulated other comprehensive loss in stockholders' equity in 2000.
The Purchase Price of the Shares shall be the fixed amount of Finnish Markka One Hundred Million Three Hundred Thousand (FIM 100.300.000).
If the Notice of Borrowing specifies a Foreign Currency Loan or Finnish Markka Loan and does not specify the Interest Period applicable thereto, Borrower shall be deemed to have selected the Interest Period applicable to the Notice of Borrowing to be one month.
Each Finnish Markka Borrowing under this Section 2.04 shall be in an aggregate principal Dollar Equivalent amount of $1,000,000 or any larger multiple Dollar Equivalent amount of $250,000.
Thermisol Finland Oy will ensure that the aggregate Dollar equivalent of the principal amount in Finnish Markka of the registered Promissory Notes together with any other European Collateral shall be sufficient to satisfy the requirement for the European Borrowing Base set out in Section 2.1A in the Credit Agreement.
All payments of principal and interest with respect to Finnish Markka Loans shall be made in Finnish markkas.
Styrochem Finland Oy will ensure that the aggregate Dollar equivalent of the principal amount in Finnish Markka of the registered Promissory Notes together with any other European Collateral shall be sufficient to satisfy the requirement for the European Borrowing Base set out in Section 2.1A in the Credit Agreement.
The Borrower promises to pay interest on the unpaid principal amount of this Note on the dates and at the rate or rates provided for Finnish Markka Loans in the Credit Agreement.
After receipt of Borrower's written notice designating its Interest Period selection (or the failure of Borrower to select an Interest Period prior to 10:30 a.m.), Agent shall promptly notify each Bank of the determined Interest Period for the Foreign Currency Loan and Finnish Markka Loan.
This Note is the Finnish Markka Note referred to in the Credit Agreement dated as of even date herewith among the Borrower and the Banks listed on the signature pages thereof and Wachovia Bank, N.A., as Agent (as the same may be amended and modified from time to time, the "Credit Agreement").