Template:ISDA English Law Credit Support Annex 2016 11(g)

11(g) Distributions and Interest Amount (VM)

(i) Interest Rate (VM). The “Interest Rate (VM)” in relation to each Eligible Currency specified above 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 on or prior to the third Local Business Day of the following calendar month.

(iii) Other Interest Elections.

Negative Interest: [Applies/does not apply].

Daily Interest Compounding: [Applies/does not apply].

(iv) Alternative to Interest Amount (VM). The provisions of Paragraph 5(c)(ii) will apply.