{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "to-pay", "type": "clause", "offset": [38, 44]}, {"key": "on-policy", "type": "clause", "offset": [51, 60]}, {"key": "schedule-page", "type": "definition", "offset": [88, 101]}, {"key": "insurance-benefit", "type": "clause", "offset": [164, 181]}, {"key": "at-the-time", "type": "clause", "offset": [193, 204]}, {"key": "insurance-event", "type": "definition", "offset": [208, 223]}, {"key": "in-policy", "type": "clause", "offset": [250, 259]}], "size": 4, "samples": [{"hash": "8SGqnuhD7wZ", "uri": "/contracts/8SGqnuhD7wZ#face-amount", "label": "Universal Life Insurance Policy", "score": 28.3937854767, "published": true}, {"hash": "2dkGRLRbt1N", "uri": "/contracts/2dkGRLRbt1N#face-amount", "label": "Universal Life Insurance Policy", "score": 28.3937854767, "published": true}, {"hash": "g2NfvJbOEf6", "uri": "/contracts/g2NfvJbOEf6#face-amount", "label": "Universal Life Insurance Policy", "score": 27.8873710632, "published": true}], "snippet": "the amount that Manulife has accepted to pay based on Policy\u2019s provisions, as stated in Schedule Page or Endorsement (if any). The Face Amount which is used to pay insurance benefit is defined at the time of insurance event, unless otherwised agreed in Policy.", "hash": "11ad2db18b24e42fecfc82af4c31eb0c", "id": 4}, {"snippet_links": [{"key": "the-distribution-agreement", "type": "clause", "offset": [54, 80]}], "size": 29, "samples": [{"hash": "lHgdOcQvquq", "uri": "/contracts/lHgdOcQvquq#face-amount", "label": "u.s. Distribution Agreement (Morgan Stanley Capital Trust VIII)", "score": 18.0, "published": true}, {"hash": "kZAJbCSN5zB", "uri": "/contracts/kZAJbCSN5zB#face-amount", "label": "Distribution Agreement (Morgan Stanley Capital Trust VIII)", "score": 18.0, "published": true}, {"hash": "jEdftJXyhPn", "uri": "/contracts/jEdftJXyhPn#face-amount", "label": "u.s. Distribution Agreement (Morgan Stanley Capital Trust Iii)", "score": 18.0, "published": true}], "snippet": "Agent's commission, if any, determined as provided in the Distribution Agreement.", "hash": "c94bfe81cbdce3a3f4012c63eae38b15", "id": 1}, {"snippet_links": [{"key": "unless-otherwise-specified", "type": "clause", "offset": [0, 26]}, {"key": "a-letter-of-credit", "type": "definition", "offset": [54, 72]}, {"key": "at-any-time", "type": "clause", "offset": [80, 91]}, {"key": "in-effect", "type": "clause", "offset": [164, 173]}, {"key": "with-respect-to", "type": "clause", "offset": [212, 227]}, {"key": "any-letter-of-credit", "type": "clause", "offset": [228, 248]}, {"key": "terms-of", "type": "definition", "offset": [282, 290]}, {"key": "letter-of-credit-application", "type": "clause", "offset": [303, 331]}, {"key": "other-agreement", "type": "definition", "offset": [335, 350]}, {"key": "submitted-by", "type": "definition", "offset": [351, 363]}, {"key": "entered-into", "type": "clause", "offset": [382, 394]}, {"key": "applicable-issuing-lender", "type": "definition", "offset": [419, 444]}, {"key": "fci-issuing-lender", "type": "definition", "offset": [448, 466]}, {"key": "relating-to", "type": "definition", "offset": [483, 494]}, {"key": "automatic-increases", "type": "clause", "offset": [550, 569]}, {"key": "maximum-stated-amount", "type": "definition", "offset": [669, 690]}, {"key": "after-giving", "type": "clause", "offset": [723, 735]}], "size": 6, "samples": [{"hash": "4t3yCoqeKLs", "uri": "/contracts/4t3yCoqeKLs#face-amount", "label": "Credit Agreement (SPX Corp)", "score": 30.9603004456, "published": true}, {"hash": "fthZV1hU00S", "uri": "/contracts/fthZV1hU00S#face-amount", "label": "Credit Agreement (SPX Corp)", "score": 26.667350769, "published": true}, {"hash": "43L25eVSKdU", "uri": "/contracts/43L25eVSKdU#face-amount", "label": "Credit Agreement (SPX Corp)", "score": 26.667350769, "published": true}], "snippet": "Unless otherwise specified herein, the Face Amount of a Letter of Credit or FCI at any time shall be deemed to be the stated amount of such Letter of Credit or FCI in effect at such time; provided, however, that with respect to any Letter of Credit or FCI that, by its terms or the terms of any form of letter of credit application or other agreement submitted by a Borrower to, or entered into by a Borrower with, the applicable Issuing Lender or FCI Issuing Lender, as applicable, relating to such Letter of Credit or FCI, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit or FCI shall be deemed to be the maximum stated amount of such Letter of Credit or FCI after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time.", "hash": "05634c96fcc8a777d5d3f4c4d0a9e98b", "id": 2}, {"snippet_links": [{"key": "unless-otherwise-specified", "type": "clause", "offset": [0, 26]}, {"key": "a-letter-of-credit", "type": "definition", "offset": [54, 72]}, {"key": "joint-signature-foreign-credit-instrument", "type": "definition", "offset": [103, 144]}, {"key": "at-any-time", "type": "clause", "offset": [145, 156]}, {"key": "in-effect", "type": "clause", "offset": [294, 303]}, {"key": "with-respect-to", "type": "clause", "offset": [342, 357]}, {"key": "any-letter-of-credit", "type": "clause", "offset": [358, 378]}, {"key": "terms-of", "type": "definition", "offset": [477, 485]}, {"key": "letter-of-credit-application", "type": "clause", "offset": [498, 526]}, {"key": "other-agreement", "type": "definition", "offset": [530, 545]}, {"key": "submitted-by", "type": "definition", "offset": [546, 558]}, {"key": "entered-into", "type": "clause", "offset": [577, 589]}, {"key": "applicable-issuing-lender", "type": "definition", "offset": [614, 639]}, {"key": "foreign-issuing-lender", "type": "definition", "offset": [643, 665]}, {"key": "relating-to", "type": "definition", "offset": [682, 693]}, {"key": "automatic-increases", "type": "clause", "offset": [814, 833]}, {"key": "maximum-stated-amount", "type": "definition", "offset": [998, 1019]}, {"key": "after-giving", "type": "clause", "offset": [1117, 1129]}], "size": 4, "samples": [{"hash": "bJk18NRhyKn", "uri": "/contracts/bJk18NRhyKn#face-amount", "label": "Credit Agreement (SPX Corp)", "score": 24.9835720062, "published": true}, {"hash": "hf4ndOJSrLe", "uri": "/contracts/hf4ndOJSrLe#face-amount", "label": "Credit Agreement (SPX Corp)", "score": 22.5058174133, "published": true}, {"hash": "3gVb5xtlZmo", "uri": "/contracts/3gVb5xtlZmo#face-amount", "label": "Credit Agreement (SPX Corp)", "score": 21.591375351, "published": true}], "snippet": "Unless otherwise specified herein, the Face Amount of a Letter of Credit, Foreign Credit Instrument or Joint Signature Foreign Credit Instrument at any time shall be deemed to be the stated amount of such Letter of Credit, Foreign Credit Instrument or Joint Signature Foreign Credit Instrument in effect at such time; provided, however, that with respect to any Letter of Credit, Foreign Credit Instrument or Joint Signature Foreign Credit Instrument that, by its terms or the terms of any form of letter of credit application or other agreement submitted by a Borrower to, or entered into by a Borrower with, the applicable Issuing Lender or Foreign Issuing Lender, as applicable, relating to such Letter of Credit, Foreign Credit Instrument or Joint Signature Foreign Credit Instrument, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit, Foreign Credit Instrument or Joint Signature Foreign Credit Instrument shall be deemed to be the maximum stated amount of such Letter of Credit, Foreign Credit Instrument or Joint Signature Foreign Credit Instrument after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time.", "hash": "9e7d55e3083148a1fe9a9015a17aeae9", "id": 3}, {"snippet_links": [{"key": "billed-receivable", "type": "definition", "offset": [29, 46]}, {"key": "unpaid-balance", "type": "definition", "offset": [52, 66]}, {"key": "cres-provider", "type": "definition", "offset": [88, 101]}, {"key": "relating-to", "type": "definition", "offset": [161, 172]}, {"key": "excluded-receivables", "type": "definition", "offset": [241, 261]}, {"key": "account-receivable", "type": "definition", "offset": [285, 303]}, {"key": "contractual-amount", "type": "clause", "offset": [309, 327]}, {"key": "due-and-owing", "type": "definition", "offset": [328, 341]}, {"key": "sale-and-delivery", "type": "clause", "offset": [350, 367]}, {"key": "to-customer", "type": "clause", "offset": [385, 396]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [437, 471]}, {"key": "purchase-date", "type": "definition", "offset": [508, 521]}, {"key": "company-hereunder", "type": "clause", "offset": [584, 601]}], "size": 4, "samples": [{"hash": "l5qbmZ5imaE", "uri": "/contracts/l5qbmZ5imaE#face-amount", "label": "Account Receivables Purchase Agreement", "score": 30.5708522797, "published": true}, {"hash": "6gesYiV7DQp", "uri": "/contracts/6gesYiV7DQp#face-amount", "label": "Account Receivables Purchase Agreement", "score": 26.106004715, "published": true}], "snippet": "Face Amount means: (a) for a Billed Receivable, the unpaid balance thereof duly owed to CRES Provider by a Customer (excluding any portion of the unpaid balance relating to charges which are not Outstanding Accepted Receivables or which are Excluded Receivables); and (b) for a Budget Account Receivable, the contractual amount due and owing for the sale and delivery by CRES Provider to Customer of Competitive Retail Electric Services in the ordinary course of business; in any such case determined on the Purchase Date on which such Outstanding Accepted Receivable is purchased by Company hereunder (excluding any amount due relating to charges which are not Outstanding Accepted Receivables or which are Excluded Receivables).", "hash": "51e65e613bbbdfe5c347a50d32e34956", "id": 5}, {"snippet_links": [{"key": "the-term", "type": "definition", "offset": [0, 8]}, {"key": "goods-sold", "type": "clause", "offset": [52, 62]}, {"key": "services-rendered", "type": "definition", "offset": [70, 87]}, {"key": "down-payment", "type": "definition", "offset": [112, 124]}, {"key": "sales-transaction", "type": "clause", "offset": [176, 193]}], "size": 3, "samples": [{"hash": "c993ahArqXL", "uri": "/contracts/c993ahArqXL#face-amount", "label": "Processing Agreement (Towne Services Inc)", "score": 18.0, "published": true}, {"hash": "8Ph9yeYbZT8", "uri": "/contracts/8Ph9yeYbZT8#face-amount", "label": "Processing Agreement (Towne Services Inc)", "score": 18.0, "published": true}], "snippet": "The term \"Face Amount\" means the cash price for the goods sold and/or services rendered to a Customer, less any down payment paid by a Customer, plus any taxes imposed on such sales transaction.", "hash": "1362a2b2732e8804c1bb080bf2791753", "id": 6}, {"snippet_links": [{"key": "amount-of-insurance", "type": "definition", "offset": [4, 23]}, {"key": "the-death-benefit", "type": "clause", "offset": [58, 75]}, {"key": "initial-face-amount", "type": "definition", "offset": [100, 119]}, {"key": "policy-information", "type": "clause", "offset": [136, 154]}], "size": 2, "samples": [{"hash": "aJo70s3Z8DM", "uri": "/contracts/aJo70s3Z8DM#face-amount", "label": "Joint & Last Survivor Flexible Premium Variable Life Insurance Policy (Variable Account Ii Aig Life Insurance Co)", "score": 16.0, "published": true}, {"hash": "8BV0L13TduQ", "uri": "/contracts/8BV0L13TduQ#face-amount", "label": "Joint & Last Survivor Flexible Premium Variable Life Insurance Policy (Variable Account Ii Aig Life Insurance Co)", "score": 16.0, "published": true}], "snippet": "The amount of insurance You have specified and from which the Death Benefit will be determined. The Initial Face Amount is shown in the POLICY INFORMATION section.", "hash": "ad96a42925445e447be6363b12478c81", "id": 7}, {"snippet_links": [{"key": "life-insurance-provided", "type": "clause", "offset": [14, 37]}, {"key": "this-contract", "type": "clause", "offset": [41, 54]}, {"key": "date-of-issue", "type": "clause", "offset": [103, 116]}, {"key": "initial-face-amount", "type": "definition", "offset": [124, 143]}, {"key": "page-3", "type": "clause", "offset": [153, 159]}, {"key": "increases-or-decreases", "type": "clause", "offset": [161, 183]}, {"key": "contract-schedules", "type": "clause", "offset": [229, 247]}, {"key": "mail-to", "type": "definition", "offset": [261, 268]}, {"key": "general-account", "type": "clause", "offset": [274, 289]}, {"key": "all-assets", "type": "clause", "offset": [320, 330]}, {"key": "the-variable-account", "type": "clause", "offset": [354, 374]}, {"key": "separate-account", "type": "clause", "offset": [388, 404]}, {"key": "the-society", "type": "clause", "offset": [408, 419]}, {"key": "the-loan-account", "type": "clause", "offset": [421, 437]}, {"key": "the-fixed-account", "type": "clause", "offset": [452, 469]}, {"key": "benefit-guarantees", "type": "definition", "offset": [497, 515]}, {"key": "in-the-general", "type": "clause", "offset": [531, 545]}], "size": 2, "samples": [{"hash": "5dWnkbnUW4g", "uri": "/contracts/5dWnkbnUW4g#face-amount", "label": "Flexible Premium Variable Life Insurance (Thrivent Variable Life Account 1)", "score": 19.0, "published": true}, {"hash": "LAnZNIKe54", "uri": "/contracts/LAnZNIKe54#face-amount", "label": "Flexible Premium Variable Life Insurance (Thrivent Variable Life Account 1)", "score": 17.0, "published": true}], "snippet": "The amount of life insurance provided by this contract exclusive of any riders. The Face Amount on the Date of Issue is the Initial Face Amount shown on page 3. Increases or decreases in Face Amount will be shown on supplemental contract schedules that we will mail to you. General Account. The General Account includes all assets we own that are not in the Variable Account or any other separate account of the Society. The Loan Account, reserves for the Fixed Account and reserves for the Death Benefit Guarantees are maintained in the General Account.", "hash": "536ef107de01043d9c8841ff2739834e", "id": 8}, {"snippet_links": [{"key": "policy-number", "type": "definition", "offset": [0, 13]}, {"key": "effective-date", "type": "clause", "offset": [15, 29]}, {"key": "the-insurer", "type": "clause", "offset": [31, 42]}, {"key": "issued-to", "type": "definition", "offset": [72, 81]}, {"key": "the-insured", "type": "definition", "offset": [82, 93]}, {"key": "policy-of-insurance", "type": "clause", "offset": [98, 117]}, {"key": "to-provide", "type": "clause", "offset": [135, 145]}, {"key": "financial-assurance", "type": "definition", "offset": [146, 165]}, {"key": "corrective-action", "type": "clause", "offset": [196, 213]}, {"key": "the-facilities", "type": "clause", "offset": [218, 232]}, {"key": "in-all-respects", "type": "clause", "offset": [306, 321]}, {"key": "the-requirements", "type": "clause", "offset": [327, 343]}, {"key": "texas-administrative-code", "type": "clause", "offset": [350, 375]}, {"key": "relating-to", "type": "definition", "offset": [385, 396]}, {"key": "it-is-agreed-that", "type": "clause", "offset": [501, 518]}, {"key": "of-the-policy", "type": "clause", "offset": [533, 546]}, {"key": "director-of", "type": "clause", "offset": [669, 680]}, {"key": "texas-commission-on-environmental-quality", "type": "definition", "offset": [685, 726]}, {"key": "agrees-to", "type": "clause", "offset": [740, 749]}, {"key": "to-the-executive", "type": "clause", "offset": [758, 774]}, {"key": "duplicate-original", "type": "clause", "offset": [786, 804]}, {"key": "certify-that", "type": "clause", "offset": [878, 890]}, {"key": "authorized-signature", "type": "definition", "offset": [1076, 1096]}, {"key": "title-of", "type": "definition", "offset": [1135, 1143]}, {"key": "witness-or", "type": "definition", "offset": [1174, 1184]}, {"key": "effective-february", "type": "clause", "offset": [1226, 1244]}], "size": 1, "samples": [{"hash": "22guVBBIff4", "uri": "/contracts/22guVBBIff4#face-amount", "label": "Trust Agreement", "score": 18.0, "published": true}], "snippet": "Policy Number: Effective Date: The insurer hereby certifies that it has issued to the Insured the policy of insurance identified above to provide financial assurance for closure, post closure, or corrective action for the facilities identified above. The Insurer further warrants that such policy conforms in all respects with the requirements of 30 Texas Administrative Code '37.241 (relating to Insurance), as applicable and as such regulations were constituted on the date shown immediately below. It is agreed that any provision of the policy inconsistent with such regulations is hereby amended to eliminate such inconsistency. Whenever requested by the executive director of the Texas Commission on Environmental Quality, the Insurer agrees to furnish to the executive director a duplicate original of the policy listed above, including all endorsements thereon. I hereby certify that the wording of this certificate is identical to the wording specified in 30 Texas Administrative Code '37.341 as such regulations were constituted on the date shown immediately below. (Authorized signature of Insurer) (Name of person signing) (Title of person signing) (Signature of witness or notary:) (Date) Adopted January 23, 2003 Effective February 12, 2003", "hash": "95eb2ab13112a5d5f12b6c2efe1c9968", "id": 9}, {"snippet_links": [{"key": "initial-face-amount", "type": "definition", "offset": [8, 27]}, {"key": "the-insured", "type": "definition", "offset": [29, 40]}, {"key": "issue-age", "type": "clause", "offset": [43, 52]}, {"key": "attained-age", "type": "definition", "offset": [57, 69]}], "size": 1, "samples": [{"hash": "I0LsNWASHt", "uri": "/contracts/I0LsNWASHt#face-amount", "label": "Flexible Premium Variable Adjustable Life Insurance (Thrivent Variable Life Account I)", "score": 28.6372356415, "published": true}], "snippet": "For the Initial Face Amount, the Insured\u2019s Issue Age and Attained Age.", "hash": "0ae587fea6e487e0512e5aaa62d91c7f", "id": 10}], "next_curs": "ClQSTmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjALEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhRmYWNlLWFtb3VudCMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [], "size": 70, "title": "Face Amount", "parents": [["headings", "Headings"], ["definitions", "Definitions"], ["administrative-procedures-for-certificated-notes-and-certificated-units", "ADMINISTRATIVE PROCEDURES FOR CERTIFICATED NOTES                               AND CERTIFICATED UNITS"], ["certain-defined-terms", "Certain Defined Terms"], ["entire-agreement-successors-and-assigns", "ENTIRE AGREEMENT; SUCCESSORS AND ASSIGNS"]], "id": "face-amount", "related": [["loan-amount", "Loan Amount", "Loan Amount"], ["prepayment-fee", "Prepayment Fee", "Prepayment Fee"], ["prepayment-premium", "Prepayment Premium", "Prepayment Premium"], ["maximum-amount-payable", "Maximum Amount Payable", "Maximum Amount Payable"], ["minimum-amount-of-each-advance", "Minimum Amount of Each Advance", "Minimum Amount of Each Advance"]], "related_snippets": [], "updated": "2025-09-13T04:24:50+00:00", "also_ask": ["How can the face amount be strategically adjusted during negotiations to benefit my client?", "What essential elements must be included in the face amount clause to avoid ambiguity or disputes?", "What are the most common risks or pitfalls associated with poorly drafted face amount provisions?", "How does the definition of face amount in this contract compare to industry standards or statutory requirements?", "What factors do courts consider when determining the enforceability of a face amount clause in litigation?"], "drafting_tip": "Specify the exact face amount, state the currency, and clarify any adjustment mechanisms to prevent disputes and ensure clarity of obligations.", "explanation": "The Face Amount clause defines the principal sum or stated value of a financial instrument, such as a life insurance policy or a bond, that will be paid out upon maturity or a triggering event. In practice, this amount is specified in the contract and serves as the basis for calculating premiums, benefits, or payouts; for example, a life insurance policy with a $100,000 face amount will pay that sum to beneficiaries upon the insured's death. The core function of this clause is to clearly establish the monetary value at stake, ensuring all parties understand the maximum payout obligation and reducing ambiguity in the event of a claim or maturity."}, "json": true, "cursor": ""}}