{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "insurance-for", "type": "clause", "offset": [22, 35]}, {"key": "time-faculty-members", "type": "clause", "offset": [41, 61]}, {"key": "terms-and-conditions", "type": "definition", "offset": [88, 108]}, {"key": "the-carrier", "type": "clause", "offset": [120, 131]}, {"key": "an-accidental-death-and-dismemberment", "type": "clause", "offset": [180, 217]}, {"key": "a-policy", "type": "clause", "offset": [289, 297]}, {"key": "less-than-half", "type": "clause", "offset": [378, 392]}], "snippet": "The face value of the insurance for full-time faculty members, up to age 70, subject to terms and conditions imposed by the carrier, shall be fifty thousand dollars ($50,000) with an Accidental Death and Dismemberment Rider attached. Faculty members employed at least half-time shall have a policy with a value of twenty-six thousand dollars ($26,000). Faculty members employed less than half-time shall have a policy with a face value of sixteen thousand five hundred dollars ($16,500).", "samples": [{"hash": "8Nt33U3qa5g", "uri": "/contracts/8Nt33U3qa5g#face-value", "label": "Collective Bargaining Agreement", "score": 30.900352572, "published": true}, {"hash": "9CKSYQnLXbo", "uri": "/contracts/9CKSYQnLXbo#face-value", "label": "Collective Bargaining Agreement", "score": 30.8620294259, "published": true}, {"hash": "7WrGaQLHKiA", "uri": "/contracts/7WrGaQLHKiA#face-value", "label": "Collective Bargaining Agreement", "score": 28.3929238686, "published": true}], "size": 9, "hash": "8fc7f32e4a624be83d46bd09f172dc1a", "id": 3}, {"snippet_links": [{"key": "award-unit", "type": "definition", "offset": [22, 32]}], "snippet": "Each Value Management Award Unit shall have a face value of $100.", "samples": [{"hash": "kkkgnqRU0MK", "uri": "/contracts/kkkgnqRU0MK#face-value", "label": "Stock Incentive Plan Award Agreement (Weyerhaeuser Co)", "score": 28.1485284052, "published": true}, {"hash": "heCn7fl6Z2c", "uri": "/contracts/heCn7fl6Z2c#face-value", "label": "Stock Incentive Plan Award Agreement (Weyerhaeuser Co)", "score": 28.1485284052, "published": true}, {"hash": "dJw3khhXLMZ", "uri": "/contracts/dJw3khhXLMZ#face-value", "label": "Stock Incentive Plan Award Agreement (Weyerhaeuser Co)", "score": 28.1485284052, "published": true}], "size": 18, "hash": "50887a6b462ab3a3df428d5d4977c507", "id": 1}, {"snippet_links": [{"key": "series-e-ccps", "type": "definition", "offset": [4, 17]}, {"key": "indian-rupees", "type": "definition", "offset": [53, 66]}], "snippet": "The Series E CCPS shall have a face value of INR 10 (Indian Rupees Ten).", "samples": [{"hash": "8BGH16V2R8I", "uri": "/contracts/8BGH16V2R8I#face-value", "label": "Shareholders Agreement", "score": 29.340862423, "published": true}, {"hash": "5kHGscX2AXt", "uri": "/contracts/5kHGscX2AXt#face-value", "label": "Shareholder Agreement (Azure Power Global LTD)", "score": 26.954825462, "published": true}], "size": 14, "hash": "85b5f3ef837d01e530f3e9d57f243e18", "id": 2}, {"snippet_links": [{"key": "series-h-ccps", "type": "definition", "offset": [4, 17]}], "snippet": "The Series H CCPS shall have a face value of INR 10 (Rupees Ten).", "samples": [{"hash": "jZOgpF9VPGh", "uri": "/contracts/jZOgpF9VPGh#face-value", "label": "Subscription Agreement", "score": 31.340862423, "published": true}, {"hash": "6wg565n3TLJ", "uri": "/contracts/6wg565n3TLJ#face-value", "label": "Subscription Agreement (Azure Power Global LTD)", "score": 26.954825462, "published": true}], "size": 2, "hash": "c4ca170ca0a9bf5c2368ed5c739ef2f6", "id": 4}, {"snippet_links": [{"key": "par-value", "type": "clause", "offset": [40, 49]}, {"key": "indian-rupees", "type": "definition", "offset": [63, 76]}], "snippet": "Each Subscription Security shall have a par value of INR 10/- (Indian Rupees Ten only) /-.", "samples": [{"hash": "6yj6XCj4YFs", "uri": "/contracts/6yj6XCj4YFs#face-value", "label": "Share Subscription Agreement", "score": 33.980597065, "published": true}, {"hash": "6N5yxZEAe0R", "uri": "/contracts/6N5yxZEAe0R#face-value", "label": "Shareholders Agreement", "score": 31.9531006547, "published": true}], "size": 2, "hash": "35456036bcb53f9ebb3ffe9c4fdbc444", "id": 5}, {"snippet_links": [{"key": "borrower-facility-amount", "type": "definition", "offset": [0, 24]}, {"key": "funding-period", "type": "definition", "offset": [25, 39]}], "snippet": "Borrower Facility Amount Funding Period", "samples": [{"hash": "2J7aBfgSbBR", "uri": "/contracts/2J7aBfgSbBR#face-value", "label": "Multi Option Facility Agreement (Sims Metal Management LTD)", "score": 20.0, "published": true}], "size": 1, "hash": "c3c6b4f9b3036e0245f87202d2dc2a62", "id": 6}, {"snippet_links": [{"key": "debt-security", "type": "definition", "offset": [23, 36]}], "snippet": "The face value of each Debt Security is Rs. 10,00,000/- (Rupees Ten Lakhs only).", "samples": [{"hash": "9CMK7ynpDba", "uri": "/contracts/9CMK7ynpDba#face-value", "label": "Debt Security Trust Deed", "score": 27.2997946612, "published": true}], "size": 1, "hash": "2f4542513c3d4d8c3f68b03956cb6251", "id": 7}, {"snippet_links": [{"key": "fully-paid", "type": "clause", "offset": [25, 35]}], "snippet": "Each CRPS will be issued fully paid at the Face Value.", "samples": [{"hash": "49MFdUUevvT", "uri": "/contracts/49MFdUUevvT#face-value", "label": "Arrangement Agreement", "score": 27.6001003138, "published": true}], "size": 1, "hash": "657dd50b68b8990ad75ff467fe16f568", "id": 8}, {"snippet_links": [{"key": "a-life-insurance-policy", "type": "definition", "offset": [18, 41]}, {"key": "the-death-benefit", "type": "clause", "offset": [45, 62]}, {"key": "over-time", "type": "clause", "offset": [184, 193]}, {"key": "amount-of-coverage", "type": "definition", "offset": [240, 258]}, {"key": "cash-value", "type": "definition", "offset": [299, 309]}, {"key": "excess-premiums", "type": "clause", "offset": [324, 339]}, {"key": "interest-earned", "type": "clause", "offset": [357, 372]}, {"key": "a-permanent", "type": "clause", "offset": [464, 475]}, {"key": "savings-account", "type": "definition", "offset": [563, 578]}, {"key": "amount-of-interest", "type": "definition", "offset": [596, 614]}, {"key": "the-account", "type": "clause", "offset": [629, 640]}, {"key": "investment-account", "type": "definition", "offset": [664, 682]}, {"key": "the-policyholder", "type": "definition", "offset": [693, 709]}, {"key": "premium-payments", "type": "definition", "offset": [804, 820]}, {"key": "insurance-costs", "type": "clause", "offset": [847, 862]}, {"key": "total-premium", "type": "clause", "offset": [973, 986]}, {"key": "to-insure", "type": "clause", "offset": [1033, 1042]}, {"key": "life-insurance-products", "type": "definition", "offset": [1049, 1072]}, {"key": "surrender-value", "type": "definition", "offset": [1109, 1124]}, {"key": "the-value", "type": "clause", "offset": [1158, 1167]}, {"key": "the-insurer", "type": "clause", "offset": [1168, 1179]}, {"key": "of-the-policy", "type": "clause", "offset": [1281, 1294]}, {"key": "life-policies", "type": "clause", "offset": [1339, 1352]}, {"key": "no-surrender", "type": "clause", "offset": [1358, 1370]}, {"key": "life-insurance-policies", "type": "definition", "offset": [1388, 1411]}, {"key": "equal-to", "type": "definition", "offset": [1435, 1443]}, {"key": "total-cash", "type": "definition", "offset": [1511, 1521]}, {"key": "loans-and-fees", "type": "clause", "offset": [1538, 1552]}, {"key": "period-of-time", "type": "clause", "offset": [1580, 1594]}, {"key": "surrender-fee", "type": "definition", "offset": [1660, 1673]}], "snippet": "The face value of a life insurance policy is the death benefit the policy will pay. If you take out a $100,000 life insurance policy, $100,000 is the face value. That value can change over time as you borrow from the policy or increase the amount of coverage you have. Face value is not the same as cash value, which is the excess premiums you\u2019ve paid plus interest earned, which accumulates in the policy\u2019s cash value account. A cash value account is the part of a permanent life insurance policy that accrues value over time. With some policies, this is like a savings account, earning a fixed amount of interest. With others, the account functions more like an investment account, allowing the policyholder to make decisions on how the money is invested. The cash value account is funded through your premium payments. After administrative and insurance costs are taken out of your premium, the rest is put into the cash value account. When you\u2019re younger, more of your total premium will go into the account since you\u2019re cheaper to insure. Term life insurance products don\u2019t have cash value accounts. The surrender value of your life insurance policy is the value the insurer will pay you at any given time for the policy. It is not the same as the face value or death benefit of the policy, except under very rare circumstances. Term life policies have no surrender value. Permanent life insurance policies have a surrender value equal to some chunk of the policy\u2019s cash value account. This is usually the total cash value minus any loans and fees. Policies generally have a period of time (sometimes up to 20 years) when a policyholder will be charged a surrender fee for cashing in his or her policy.", "samples": [{"hash": "2pVytp9UVdS", "uri": "/contracts/2pVytp9UVdS#face-value", "label": "Basic Life Insurance Terms", "score": 24.6960985626, "published": true}], "size": 1, "hash": "6e15c5b3462c3f3672be367801831c21", "id": 9}, {"snippet_links": [{"key": "convertible-note", "type": "definition", "offset": [5, 21]}], "snippet": "This Convertible Note has a face value of $1,420,000 (PRINCIPAL).", "samples": [{"hash": "iBEUAs7ArNE", "uri": "/contracts/iBEUAs7ArNE#face-value", "label": "Securities Exchange Agreement (HeartWare LTD)", "score": 18.0, "published": true}], "size": 1, "hash": "0196cb649252752b5e3ff3079356089d", "id": 10}], "next_curs": "ClMSTWoVc35sYXdpbnNpZGVyY29udHJhY3Rzci8LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhNmYWNlLXZhbHVlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "Face Value", "children": [], "parents": [["value-management-award", "Value Management Award"], ["leave-reporting", "Leave Reporting"], ["group-term-life-insurance", "Group Term Life Insurance"], ["background-and-criminal-history-checks", "Background and Criminal History Checks"], ["miscellaneous", "Miscellaneous"]], "size": 47, "id": "face-value", "related": [["single-premium-credit-life-insurance", "Single Premium Credit Life Insurance", "Single Premium Credit Life Insurance"], ["make-whole-amount", "Make-Whole Amount", "Make-Whole Amount"], ["discount-percentage", "Discount Percentage", "Discount Percentage"], ["plus", "Plus", "Plus"], ["amount", "Amount", "Amount"]], "related_snippets": [], "updated": "2025-07-07T12:35:11+00:00"}, "json": true, "cursor": ""}}