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

11(g)(ii) Transfer of Interest Payment (VM) or application of Interest Amount (VM).

Interest Transfer: [Applicable/Not Applicable]

Interest Payment Netting: [Applicable/Not Applicable]

[The transfer of an Interest Payment (VM) by the Interest Payer (VM) will be made on [the last Local Business Day of each calendar month] [and on any Local Business Day that a Return Amount (VM) consisting wholly or partly of cash is transferred to the Transferor pursuant to Paragraph 2(b)]. The transfer of an Interest Payment (VM) by the Interest Payer (VM) will be made on [the last Local Business Day of each calendar month] [and on any Local Business Day that a Delivery Amount (VM) consisting wholly or partly of cash is transferred to the Transferee pursuant to Paragraph 2(a)].]

Interest Adjustment: [Applicable/Not Applicable]

[The accrued Interest Amount (VM) will be added to the Credit Support Balance (VM) on [the last Local Business Day of each calendar month][each day].]