In a Nutshell™ Section Independent Amount:
A party’s “Independent Amount” is the amount specified for it in Paragraph 13 or, if not specified, zero.
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1994 New York law CSA full text of Section Independent Amount:
“Independent Amount” means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.
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Related Agreements
Click here for the text of Section Independent Amount in the 2016 New York law CSA
Click here for the text of Section Independent Amount in the 1995 English Law CSA
Click here for the text of Section Independent Amount in the 2016 English Law VM CSA
Comparisons
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1994 New York law CSA and 1995 CSA: click for comparison
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