Template:Nutshell 2016 CSA 11(g): Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) Created page with "{{vmcsaprov|11(g)}}''' {{vmcsaprov|Distributions and Interest Amount (VM)}}'''<br> :(i) '''{{vmcsaprov|Interest Rate (VM)}}'''. The “'''{{vmcsaprov|Interest Rate (VM)}}'''..." |
Amwelladmin (talk | contribs) No edit summary |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
{{vmcsaprov|11(g)}}''' {{vmcsaprov|Distributions and Interest Amount (VM)}}'''<br> | {{vmcsaprov|11(g)}}''' {{vmcsaprov|Distributions and Interest Amount (VM)}}'''<br> | ||
:(i) '''{{vmcsaprov|Interest Rate (VM)}}'''. The “'''{{vmcsaprov|Interest Rate (VM)}}'''” | :(i) '''{{vmcsaprov|Interest Rate (VM)}}'''. The “'''{{vmcsaprov|Interest Rate (VM)}}'''” for each {{vmcsaprov|Eligible Currency}} will be [SPECIFY].<br> | ||
:(ii) '''{{vmcsaprov|Transfer of Interest Payment (VM) or application of Interest Amount (VM)}}'''. <br> | :(ii) '''{{vmcsaprov|Transfer of Interest Payment (VM) or application of Interest Amount (VM)}}'''. <br> | ||
::Interest Transfer: [Applies/does not apply].<br> | ::'''{{vmcsaprov|Interest Transfer}}''': [Applies/does not apply].<br> | ||
::Interest Payment Netting: [Applies/does not apply].<br> | ::'''{{vmcsaprov|Interest Payment Netting}}''': [Applies/does not apply].<br> | ||
::Interest Adjustment: [Applies/does not apply].<br> | ::'''{{vmcsaprov|Interest Adjustment}}''': [Applies/does not apply].<br> | ||
::For the purposes of Paragraph {{vmcsaprov|5(c)(ii)(B)}}, the {{vmcsaprov|Credit Support Balance (VM)}} will be adjusted by the {{vmcsaprov|Transferee}} | ::For the purposes of Paragraph {{vmcsaprov|5(c)(ii)(B)}}, the {{vmcsaprov|Credit Support Balance (VM)}} will be adjusted by the {{vmcsaprov|Transferee}} by the third {{vmcsaprov|Local Business Day}} of the following calendar month. <br> | ||
:(iii) Other Interest Elections.<br> | :(iii) '''{{vmcsaprov|Other Interest Elections}}'''.<br> | ||
::Negative Interest: [Applies/does not apply].<br> | ::'''{{vmcsaprov|Negative Interest}}''': [Applies/does not apply].<br> | ||
::Daily Interest Compounding: [Applies/does not apply].<br> | ::'''{{vmcsaprov|Daily Interest Compounding}}''': [Applies/does not apply].<br> | ||
:(iv) | :(iv) '''{{vmcsaprov|Alternative to Interest Amount (VM)}}'''. The provisions of Paragraph {{vmcsaprov|5(c)(ii)}} will apply.<br> | ||
Latest revision as of 11:52, 6 January 2020
11(g) Distributions and Interest Amount (VM)
- (i) Interest Rate (VM). The “Interest Rate (VM)” for each Eligible Currency will be [SPECIFY].
- (ii) Transfer of Interest Payment (VM) or application of Interest Amount (VM).
- Interest Transfer: [Applies/does not apply].
- Interest Payment Netting: [Applies/does not apply].
- Interest Adjustment: [Applies/does not apply].
- For the purposes of Paragraph 5(c)(ii)(B), the Credit Support Balance (VM) will be adjusted by the Transferee by the third Local Business Day of the following calendar month.
- Interest Transfer: [Applies/does not apply].
- (iii) Other Interest Elections.
- Negative Interest: [Applies/does not apply].
- Daily Interest Compounding: [Applies/does not apply].
- Negative Interest: [Applies/does not apply].
- (iv) Alternative to Interest Amount (VM). The provisions of Paragraph 5(c)(ii) will apply.