Interest Payee (VM) - VM CSA Provision

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2016 VM CSA Anatomy™


In a Nutshell Section Interest Payee (VM):

Interest Payee (VM)” means the one who is not the Interest Payer (VM).
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2016 VM CSA full text of Section Interest Payee (VM):

Interest Payee (VM)” means, in relation to an Interest Payer (VM), the other party.
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Related Agreements
Click here for the text of Section Interest Payee (VM) in the 1995 English Law CSA
Click here for the text of Section Interest Payee (VM) in the 2016 English Law VM CSA
Click [[{{{3}}} - NY VM CSA Provision|here]] for the text of the equivalent, Section [[{{{3}}} - NY VM CSA Provision|{{{3}}}]] in the 2016 NY Law VM CSA
Comparisons
Template:Csadiff Interest Payee (VM)
{{nycsadiff {{{3}}}}}

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If you can work out who the Interest Payer is, then it is the other guy. Written in this elliptical way because, what with Negative Interest, it isn’t always intuitive who is paying and who is receiving interest.