Common use of Determination of the Maturity Payment Amount Clause in Contracts

Determination of the Maturity Payment Amount. The Calculation Agent shall, at the request of the Trustee, determine the amount payable on the Stated Maturity Date for each $1,000 principal amount of Securities (the "Maturity Payment Amount"). The Maturity Payment Amount shall be the following: o If the Final Basket Return is greater than or equal to zero, $1,000 + ($1,000 x the Upside Participation Rate x the Final Basket Return). o If the Final Basket Return is less than zero and the Final Basket Level is equal to or greater than the Threshold Level, $1,000. o If the Final Basket Return is less than zero and the Final Basket Level is less than the Threshold Level: $1,000 x Final Index Level ----------------- Threshold Level

Appears in 1 contract

Samples: Calculation Agency Agreement (Lehman Brothers Holdings Inc)

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Determination of the Maturity Payment Amount. The Calculation Agent shall, at the request of the Trustee, determine the amount payable on the Stated Maturity Date for each $1,000 principal amount of Securities (the "Maturity Payment Amount"). The Maturity Payment Amount shall be the following: o If the Final Basket Return Level is greater than or equal to zero, $1,000 + (the Initial Basket Level: Final Basket Level $1,000 x the Upside Participation Rate x the Final ------------------ Initial Basket Return). Level o If the Final Basket Return Level is less than zero and the Final Initial Basket Level is but equal to or greater than the Threshold Level, $1,000. o If the Final Basket Return is less than zero and the Final Basket Level is less than the Threshold Level: Final Basket Level $1,000 x Final Index Level ----------------- Threshold ( -------------------- + 20%) Initial Basket Level

Appears in 1 contract

Samples: Calculation Agency Agreement (Lehman Brothers Holdings Inc)

Determination of the Maturity Payment Amount. The Calculation Agent shall, at the request of the Trustee, determine the amount payable on the Stated Maturity Date for each $1,000 principal amount of Securities (the "Maturity Payment Amount"). The Maturity Payment Amount shall be the following: o If the Final Basket Return is greater than zero or equal to zeropositive, $1,000 + ($1,000 x the Upside Participation Rate x the Final Basket Return). o If the Final Basket Return is less than zero negative and the Final Basket Level is equal to or greater than the Threshold Level, $1,0001,000 + ($1,000 x the absolute value of the Final Basket Return). o If the Final Basket Return is less than zero negative and the Final Basket Level is less than the Threshold Level: , $1,000 + ($1,000 x the Final Index Level ----------------- Threshold LevelBasket Return).

Appears in 1 contract

Samples: Calculation Agency Agreement (Lehman Brothers Holdings Inc)

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Determination of the Maturity Payment Amount. The Calculation Agent shall, at the request of the Trustee, determine the amount payable on the Stated Maturity Date for each $1,000 principal amount of Securities (the "Maturity Payment Amount"). The Maturity Payment Amount shall be the following: o If the Final Basket Return is greater than or equal to zero, $1,000 + ($1,000 x the Upside Participation Rate x the Final Basket Return). o If the Final Basket Return is less than zero and the Final Basket Level is equal to or greater than the Threshold Level, $1,000. o If the Final Basket Return is less than zero and the Final Basket Level is less than the Threshold Level: $1,000 x Final Index Basket Level ----------------- ------------------ Threshold Level

Appears in 1 contract

Samples: Calculation Agency Agreement (Lehman Brothers Holdings Inc)

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