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.