Examples of Original Face Amount in a sentence
Determine the Amount Received on Sale Amount Received on Sale = Original Face Amount of Certificates Purchased x Factor on Date of Sale x (Sale Price/100) The original face amount of the Certificates you purchased and the sale price can be determined from your records.
Determine the Principal Payments Received Principal Payments Received = Original Face Amount of Certificates Purchased x (WFF on Date of Purchase – WFF on Date of Sale) The original face amount of the Certificates you purchased can be determined from your records.
If the Payee Assets (as defined in Exhibit A hereto) fail to generate in calendar year 2005 the Minimum Race specified in Exhibit A hereto, the Original Face Amount shall, retroactively as of the date of this Note, be reduced to an amount equal to the product of: (x) $10,000,000 multiplied by (y) the Actual Race for calendar year 2005, calculated in accordance with Exhibit Aannexed hereto, divided by the Target Race specified in Exhibit A hereto (the "Reduced Original Face Amount").
Determine the Original Principal Amount Original Principal Amount = Original Face Amount of Certificates Purchased x Factor on Date of Purchase x (Purchase Price/100) The original face amount of the Certificates you purchased and the purchase price can be determined from your records.
A Reinstatement may occur on more than one occasion provided that the outstanding face amount of a Certificate may never exceed its Original Face Amount.