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
You may elect up to 50% of the person’s Face Amount, but not more than $200,000.
You must elect the portion of a person’s Face Amount that you want to place under this option.
The “Definitions” section explains what “Life Event” means.Non-medical Limit on Face Amount of Insurance: There is a limit on the amount for which you may be insured without submitting evidence of insurability.
However, such portion may be reduced if, within 6 months after the date Prudential receives proof that a person is Terminally Ill, an Amount Limitation would have applied to the person’s Face Amount.
We will allow you to decrease the face amount at the time portability is requested; provided that the face amount cannot be decreased below a Face Amount for Named Insured of $5,000.
More Definitions of Face Amount
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 (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, 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 Cash Settlement Amount and Certain Definitions The “Cash Settlement Amount” of this Security will equal: • if the Final Underlier Level is greater than or equal to the Cap Level, the Maximum Settlement Amount; • if the Final Underlier Level is greater than the Initial Underlier Level but less than the Cap Level, the sum of (i) the Face Amount plus (ii) the product of (a) the Face Amount times (b) the Upside Participation Rate times (c) the Underlier Return; • if the Final Underlier Level is equal to or less than the Initial Underlier Level but greater than or equal to the Buffer Level, the Face Amount; or • if the Final Underlier Level is less than the Buffer Level, the sum of (i) the Face Amount plus (ii) the product of (a) the Buffer Rate times (b) the sum of the Underlier Return plus the Buffer Amount times (c) the Face Amount. All calculations with respect to the Cash Settlement Amount will be rounded to the nearest one hundred-thousandth, with five one-millionths rounded upward (e.g., 0.000005 would be rounded to 0.00001); and the Cash Settlement Amount will be rounded to the nearest cent, with one-half cent rounded upward. The “Underlier” shall mean the S&P 500® Index. The “Trade Date” shall mean September 18, 2018. The “Initial Underlier Level” is 2,904.31, the Closing Level of the Underlier on the TradeDate. The “Closing Level” of the Underlier on any Trading Day means the official closing level of the Underlier reported by the Underlier Sponsor on such Trading Day, as obtained by the Calculation Agent on such Trading Day from the licensed third-party market data vendor contracted by the Calculation Agent at such time; in particular, taking into account the decimal precision and/or rounding convention employed by such licensed third-party market data vendor on such date, subject to the provisions set forth below under “Adjustments to the Underlier,” “Discontinuance of the Underlier” and “Market Disruption Events.” The “Final Underlier Level” will be the Closing Level of the Underlier on the Determination Date. The “Underlier Return” will be the quotient of (i) the Final Underlier Level minus the Initial Underlier Level divided by (ii) the Initial Underlier Level, expressed as a percentage. The “Cap Level” is 3,374.80822, which is 116.20% of the Initial Underlier Level. The “Buffer Level” is 2,468.6635, which is equ...
Face Amount means, in respect of a Bankers' Acceptance, the amount payable to the holder thereof on maturity.
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, in respect of a Draft, Bankers’ Acceptance or B/A Equivalent Note, as the case may be, the amount payable to the holder thereof on its maturity. The Face Amount of any Bankers’ Acceptance Loan shall be equal to the aggregate Face Amounts of the underlying Bankers’ Acceptances, B/A Equivalent Notes or Drafts, as the case may be.