Template:ISDA English Law Credit Support Annex 2016 preamble

2016 Credit Support Annex for Variation Margin (VM)

dated as of ………………………. to the Schedule to the ISDA Master Agreement dated as of ........................................................... between ........................................................ (“Party A”) and ....................................................(“Party B”)

This Annex supplements, forms part of, and is subject to, the ISDA Master Agreement referred to above and is part of its Schedule. For the purposes of this Agreement, including, without limitation, Sections 1(c), 2(a), 5 and 6, the credit support arrangements set out in this Annex constitute a Transaction (for which this Annex constitutes the Confirmation).