Template:ISDA English Law Credit Support Annex 2016 Interest Period: Difference between revisions

“'''{{vmcsaprov|Interest Period}}'''” means the period from (and including) the last day on which (i) a party became obliged to transfer an {{vmcsaprov|Interest Payment (VM)}} or (ii) an {{vmcsaprov|Interest Amount (VM)}} was added to the {{vmcsaprov|Credit Support Balance (VM)}} (or, if no {{vmcsaprov|Interest Payment (VM)}} or {{vmcsaprov|Interest Amount (VM)}} has yet fallen due or been added to the {{vmcsaprov|Credit Support Balance (VM)}}, respectively, the day on which {{vmcsaprov|Eligible Credit Support (VM)}} or {{vmcsaprov|Equivalent Credit Support (VM)}} in the form of cash was transferred to or received by the {{vmcsaprov|Transferee}}) to (but excluding) the day on which (i) a party is obliged to transfer the current {{vmcsaprov|Interest Payment (VM)}} or (ii) the current {{vmcsaprov|Interest Amount (VM)}} is added to the {{vmcsaprov|Credit Support Balance (VM)}}. <br>