Face Amount definition

Face Amount means, when used with respect to this Security, the amount set forth on the face of this Security as its “Face Amount.”

Face Amount means (a) when used in reference to a Disputed or Disallowed Claim, the full stated amount claimed by the Claim holder in any proof of claim timely filed with the Bankruptcy Court or otherwise deemed timely filed by any Final Order of the Bankruptcy Court or other applicable bankruptcy law, and (b) when used in reference to an Allowed Claim, the allowed amount of such Claim.

Face Amount means in relation to any Commercial Paper (a) if issued on a discount basis, the face amount stated therein and (b) if issued on an interest-bearing basis, the principal amount stated therein plus the amount of all interest accrued or to accrue thereon on or prior to its stated maturity date.

Examples of Face Amount in a sentence

• Any resulting amount by which the requested Face Amount of any such BA Instruments shall have been so reduced shall be advanced, converted or continued, as the case may be, as a Prime Rate Loan to be made contemporaneously with the BA Advance.

• Where a Zero Coupon Note becomes due and payable prior to the Maturity Date and is not paid when due, the amount due and payable shall be the Amortised Face Amount of such Note as determined in accordance with Condition 4(g)(iii).

• Each Lender is hereby authorized to execute such BA Instruments in such Face Amounts as may be determined by such Lender provided that the aggregate amount thereof is equal to the aggregate Face Amount of Drafts required to be purchased by, and, without duplication, BA Equivalent Notes required to be issued to, such Lender.

• With respect to a BA Advance, the Agent upon notifying each Lender of its share to be funded (as provided for above) shall also advise each Lender of the aggregate Face Amount of the BA Instruments to be accepted by and purchased by it.

• The aggregate Face Amount of BA Instruments to be accepted and purchased by each Lender shall be determined by the Agent by reference to the respective Commitment Percentage of each relevant Lender except that, if the Face Amount of any BA Instrument would not be $100,000 or a whole integral multiple thereof, the Face Amount shall be increased or reduced by the Agent in its sole discretion to the nearest whole multiple of $100,000.

More Definitions of Face Amount

Face Amount means (a) when used in reference to a Disputed Claim, the full stated amount of the Claim asserted by the applicable Holder in any Proof of Claim timely Filed with the Bankruptcy Court and (b) when used in reference to an Allowed Claim, the Allowed amount of such Claim.

Face Amount means the notional prin- cipal, or face value, amount of an off-balance sheet item; the amortized cost of an asset not held for trading purposes; and the fair value of a trading asset.

Face Amount means, when used with respect to any Security or Securities of this series, the amount set forth on the face of such Security or Securities as its or their “Face Amount.”

Face Amount means, when used with respect to this Security, the amount set forth on the face of this Security as its “Face Amount.”Determination of Maturity Payment Amount The “Maturity Payment Amount” of this Security will equal: • if the Ending Level is greater than the Starting Level: the Face Amount plus the lesser of:

Face Amount means the initial sum assured of the Basic Policy when the Policy is issued and is shown in the Policy Information Page. If the Face Amount is subsequently altered according to the terms and conditions of the Policy, the adjusted amount after such alteration will become the Face Amount.

Face Amount means (i) when used in reference to a Disputed or Disallowed Claim, the Disputed Claim Amount, and (ii) when used in reference to an Allowed Claim, the Allowed amount of such Claim.

Face Amount means, with respect to any Bankers’ Acceptance, Drafts or BA Equivalent Note, the amount payable to the holder of such Bankers’ Acceptance, Draft or BA Equivalent Note on its maturity date.