I can't figure out how the faucet is removed (or installed for that matter).

It appears that you would spin part of the faucet above the sink to unscrew the horse shoe shape nut below the sink but I don't know what to take apart to get to the point where I can start unscrewing.

Can anyone tell me how to remove this faucet from the existing sink (and then I'll understand how to reinstall it in the new sink)?

Thanks,

Al Sharff