Amortised Face Amount definition

Amortised Face Amount means the amount determined as described in paragraph 5 (b) of the Terms and Conditions of the Notes.

Amortised Face Amount means, in respect of any Zero Coupon Note issued at a discount, the Early Redemption Amount payable upon redemption of such Note, as calculated in accordance with Condition 8(g) (Early Redemption Amounts).

Amortised Face Amount means the Final Redemption Amount of any Note discounted at a rate per annum (expressed as a percentage) equal to the Amortisation Yield compounded annually. Where such calculation is to be made for a period of less than one year, it will be made based on the specified Day Count Fraction.

Examples of Amortised Face Amount in a sentence

• When a Zero Coupon Note becomes due and repayable prior to the Maturity Date and is not paid when due, the amount due and repayable shall be the Amortised Face Amount of such Note as determined in accordance with Condition 6(i)(iii).

• The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the principal amount of such Note together with interest from (and including) the Maturity Date to (but excluding) the Reference Date at a rate per annum equal to the Accrual Yield.

• When a Zero Coupon Note becomes due and repayable prior to the Maturity Date and is not paid when due, the amount due and repayable shall be the Amortised Face Amount of such Note as determined in accordance with Condition 6(e)(iii).

• The calculation of the Amortised Face Amount in accordance with this sub-paragraph (B) will continue to be made, after as well as before judgment, until the Reference Date unless the Reference Date falls on or after the Maturity Date, in which case the amount due and repayable shall be the nominal amount of such Note together with interest at a rate per annum equal to the Accrual Yield.

• When a Zero Coupon Note becomes due and repayable prior to the Maturity Date and is not paid when due, the amount due and repayable shall be the Amortised Face Amount of such Note as determined in accordance with Condition 6(f)(iii).

More Definitions of Amortised Face Amount

Amortised Face Amount means, in respect of Zero Coupon Notes, an amount calculated in accordance with the following formula:

Amortised Face Amount means an amount calculated in accordance with Condition 5(b); “Applicable Maturity” means the period of time designated in the Relevant Rate; “Benchmark Event” means:

Amortised Face Amount means the Final Redemption Amount of any Note discounted at a rate per annum (expressed as a percentage) equal to the Amortisation Yield compounded annually. Where such calculation is to be made for a period of less than one year, it will be made based on the specified Day Count Fraction.An “AR Automatic Novation Event” shall occur, in respect of a Series, where (i) “AR Optional Swap Termination” is specified as applicable, (ii) there is an “Event of Default” under Section 5(a)(vii) (Bankruptcy) of the Swap Agreement in respect of the Swap Counterparty and (iii) at the time of such “Event of Default” under the Original Swap Agreement there is an Authorised Representative in respect of the Notes.

Amortised Face Amount means [an amount calculated in accordance with the following formula:

Amortised Face Amount means an amount calculated in accordance with Condition 5(d)(iii);

Amortised Face Amount means an amount calculated in accordance with the following formula: Early Redemption Amount = RP x (1 + AY)y where:

Amortised Face Amount means the Final Note Redemption Amount of any Note discounted at a rate per annum (expressed as a percentage) equal to the Amortisation Yield compounded annually. Where such calculation is to be made for a period of less than one year, it will be made based on the specified Day Count Fraction.