Template:Nutshell 2016 CSA Interest Payer (VM)
“Interest Payer (VM)” means the Transferee, unless “Negative Interest” applies in Paragraph 11(g)(iii) and there is a negative Interest Payment (VM) payable, in which case it will be the Transferor.
“Interest Payer (VM)” means the Transferee, unless “Negative Interest” applies in Paragraph 11(g)(iii) and there is a negative Interest Payment (VM) payable, in which case it will be the Transferor.