Face Amount definition
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
If any Event of Default occurs, the Face Amount of this Debenture shall automatically increase by thirty percent (30%), and the resulting amount shall become, at the Holder’s election, immediately due and payable in cash.
The Company shall have the option to prepay this Debenture at any time after the Original Issue Date at an amount equal to the Prepayment Amount, which shall require payment that is equal to 110% of the Face Amount.
The number of shares of the Company’s common stock issuable upon exercise of the Replacement Warrant shall represent 175% of the Face Amount of the Debenture, calculated using the same method as the original warrant coverage.
More Definitions of Face Amount
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, in respect of a Bankers' Acceptance, the amount payable to the holder thereof on maturity.
Face Amount means, with respect to any Bankers’ Acceptance, Drafts or BA Equivalent Note, the amount payable to the holder of such Bankers’ Acceptance, Draft or BA Equivalent Note on its maturity date.
Face Amount means the initial sum assured of the Basic Policy when the Policy is issued and is shown in the Policy Information Page. If the Face Amount is subsequently altered according to the terms and conditions of the Policy, the adjusted amount after such alteration will become the Face Amount.
Face Amount means the entire indebtedness under an insured mortgage before computing any reduction because of an insurer’s option limiting its coverage.
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.