Aggregate Face Amount definition

Aggregate Face Amount means the aggregate amount that may then be drawn under each outstanding Letter of Credit, assuming compliance with all conditions for drawing.

Aggregate Face Amount has the meaning given in Sections 2.13(c).

Aggregate Face Amount is defined in Section 2.9(e).

Examples of Aggregate Face Amount in a sentence

• The Maximum Aggregate Face Amount does not exceed the Facility L/C Sublimit.

• The Certificates will be issued in Series in an Aggregate Face Amount (as specified in the applicable Final Terms) that when aggregated with the Aggregate Face Amount of all the Series from time to time outstanding does not exceed the Authorised Amount.

• Companies shall pay an additional fee equal one percent (1%) of the undrawn Aggregate Face Amount of any standby Letter of Credit that has an expiry date that exceeds one year (or is renewed for a period that exceeds the initial one-year period), which fee shall be due and payable in advance on each anniversary of the issuance date of such standby Letter of Credit.

• The Periodic Distribution Amount payable on any Periodic Distribution Date shall be distributed to each Certificateholder pro rata (in an amount calculated by multiplying the Periodic Distribution Amount by a fraction of which the numerator is the principal amount of the relevant Certificateholder’s Certificates and the denominator is the Aggregate Face Amount on the relevant Periodic Distribution Date, and rounding the resultant figure to the nearest U.S.$0.01, U.S.$0.005 being rounded upwards).

• With respect to the aggregate face amount of each Letter of Credit issued by Xxxxx Fargo (the “Aggregate Face Amount”), the Companies shall pay the following fees in full in advance upon the issuance of each Letter of Credit: (i) one percent (1.0%) of the Aggregate Face Amount of each standby Letter of Credit, and (ii) three-quarters of one percent (0.75%) of the Aggregate Face Amount of each documentary (i.e., commercial) Letter of Credit.

More Definitions of Aggregate Face Amount

Aggregate Face Amount means, on any date, with respect to Commercial Paper Notes issued at a discount, the aggregate face amount of all such Commercial Paper Notes Outstanding on such date and, with respect to interest bearing Commercial Paper Notes, the aggregate face amount of all such Commercial Paper Notes Outstanding on such date plus the accrued and unpaid interest thereon and interest that will accrue prior to maturity.

Aggregate Face Amount means, at any time, the aggregate principal amount of the outstanding Certificates which, for the avoidance of doubt, shall be USD215,000,000 on the Closing Date.

Aggregate Face Amount has the meaning assigned in the Liquidity Facility.

Aggregate Face Amount means, with respect to the issue of a specific instrument on a particular date, the total of the Face Amounts of all such instruments issued on such date.

Aggregate Face Amount means the aggregate amount that may then be drawn under each outstanding Letter of Credit, assuming compliance with all conditions for

Aggregate Face Amount means, at any time, the aggregate face amount of the outstanding Certificates which, for the avoidance of doubt, shall be U.S.$100,000,000 on the Closing Date.

Aggregate Face Amount means the aggregate face amount of the Bonds determined in accordance with Section 144(a) of the Code.