Template:GMRA 2000 4(h)
4(h) The parties may agree that, with respect to any Transaction, the provisions of sub¬paragraphs 4(a) to 4(g) above shall not apply but instead that margin may be provided separately in respect of that Transaction in which case
- (i) that Transaction shall not be taken into account when calculating whether either party has a Net Exposure;
- (ii) margin shall be provided in respect of that Transaction in such manner as the parties may agree; and
- (iii) margin provided in respect of that Transaction shall not be taken into account for the purposes of sub paragraphs 4(a) to 4(g) above.
- (i) that Transaction shall not be taken into account when calculating whether either party has a Net Exposure;