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

Determination of the Maturity Payment Amount. The Calculation Agent shall determine the amount payable at Stated Maturity for each $1,000 principal amount of Securities (the "Maturity Payment Amount"). The Maturity Payment Amount shall be the following: If the Ending Index Level of the Index on the Final Valuation Date is greater than or equal to 1,162.93, $1,310. If the Ending Index Level of the Index on the Final Valuation Date is less than 1,162.93, the lesser of: (a) $1,000; and ( Ending Index Level + 0.20 ) (b) $1,000 x ------------------ 1,162.93

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 determine the amount payable at Stated Maturity for each $1,000 principal amount of Securities (the "Maturity Payment Amount"). The Maturity Payment Amount shall be the following: If the Ending Index Level of the Index on the Final Valuation Date is greater than or equal to 1,162.931,537.43, $1,310. If the Ending Index Level of the Index on the Final Valuation Date is less than 1,162.931,537.43, the lesser of: (a) $1,000; and and (b) $1,000 x ( Ending Index Level + 0.20 ) (b) $1,000 x ------------------ 1,162.93---------------------- 1,464.22

Appears in 1 contract

Samples: Calculation Agency Agreement (Lehman Brothers Holdings Inc)

Determination of the Maturity Payment Amount. The Calculation Agent shall determine the amount payable at Stated Maturity for each $1,000 principal amount of Securities (the "Maturity Payment Amount"). The Maturity Payment Amount shall be the following: If the Ending Index Level of the Index on the Final Valuation Date is greater than or equal to 1,162.93, $1,310. If the Ending Index Level of the Index on the Final Valuation Date is less than 1,162.93, the lesser of: (a) $1,000; and and (b) $1,000 x ( Ending Index Level + 0.20 ) (b) $1,000 x ------------------ ---------------------- 1,162.93

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 determine the amount payable at Stated Maturity for each $1,000 principal amount of Securities (the "Maturity Payment Amount"). The Maturity Payment Amount shall be the following: If the Ending Index Level of the Index on the Final Valuation Date is greater than or equal to 1,162.93105% of 1,464.22, $1,310. If the Ending Index Level of the Index on the Final Valuation Date is less than 1,162.93105% of 1,464.22, the lesser of: (a) $1,000; and ( Ending Index Level + 0.20 ) (b) $1,000 x (------------------ 1,162.93+ 0.20) 1,464.22

Appears in 1 contract

Samples: Calculation Agency Agreement (Lehman Brothers Holdings Inc)

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