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(e)(iii).

• Where a Zero Coupon Note (which is not linked to an index or formula) is repayable prior to the Maturity Date and is not paid when due, the amount payable prior to the Maturity Date will be the Amortised Face Amount of such Note provided that, if such amount is not paid when due, references to the date on which the Note becomes due will be deemed to be replaced by reference to the Relevant Date.

• The calculation of the Amortised Face Amount will continue to be made (before as well as after judgment) until the Relevant Date, unless the Relevant Date falls on or after the Maturity Date, in which case the amount due will be the Final Redemption Amount of such Note on the Maturity Date together with any Interest that may accrue in accordance with Base Condition 5.1.

• 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).

• For the purposes of paragraph (b) above and Condition 7, Notes will be redeemed (i) in the case of Notes (other than Indexed Notes and Dual Currency Notes) at their nominal amount in the relevant Specified Currency together with interest accrued to the date of payment, or (ii) in the case of Zero Coupon Notes, at the Amortised Face Amount of such Notes determined in accordance with paragraph (f) above, or (iii) in the case of Indexed Notes and Dual Currency Notes, in accordance with Condition 4(h) below.

More Definitions of Amortised Face Amount

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: Early Redemption Amount = RP x (1 + AY)y where:

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 the following formula:

Amortised Face Amount means, in relation to a Zero Coupon Security, the amount calculated in accordance with the following formula:

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