Examples of Original Face Amount in a sentence
Determine the Principal Payments Received Principal Payments Received = Original Face Amount of Certificates Purchased x (WFF on Date of Purchase – WFF on Date of Sale) The original face amount of the Certificates you purchased can be determined from your records.
Determine the Amount Received on Sale Amount Received on Sale = Original Face Amount of Certificates Purchased x Factor on Date of Sale x (Sale Price/100) The original face amount of the Certificates you purchased and the sale price can be determined from your records.
A Reinstatement may occur on more than one occasion provided that the outstanding face amount of a Certificate may never exceed its Original Face Amount.
Determine the Original Principal Amount Original Principal Amount = Original Face Amount of Certificates Purchased x Factor on Date of Purchase x (Purchase Price/100) The original face amount of the Certificates you purchased and the purchase price can be determined from your records.
Step 1: Determine the Original Principal AmountOriginal Principal Amount = Original Face Amount of Certificates Purchased x Factor on Date of Purchase x (Purchase Price/100)The original face amount of the Certificates you purchased and the purchase price can be determined from your records.