Common use of Independent Amounts Clause in Contracts

Independent Amounts. In the event that an Independent Amount has been agreed for a Party in Clause 14.9, such amount shall be added to the Exposure of the other Party when determining the Credit Support Amount of such other Party, and shall be deducted from its own Exposure when determining its own Credit Support Amount. Clause6

Appears in 4 contracts

Samples: Electricity Supply Board, Electricity Supply Board, Electricity Supply Board

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