5. L oan Syndication Contracts.This chapter offers the following sections:
In the event that ‘Participant Process’ mode is scheduled to ‘Job’ for the branch, you must start Participant Processing Job that will pick within the participant agreements developed within the system for further processing. For successfully saved debtor contracts, the ‘Processing Status’ are exhibited as ‘Work In Progress’
On Successful procedure for Job, you need to manually stop the Job by simply clicking avoid Job button. If Job reputation is ‘Running’ branch will act as an Online Branch.
5.12 Complimentary Structure Communications for Loan Syndication ConÂtracts
You are able to allow the device to create free format communications with respect to Loan Syndication agreements, making use of either of the options that are following
When you look at the Free Format Messages screen, select the Loan Syndication module when you look at the Module ID industry, together with guide quantity of the mortgage Syndication contract according of that you want to produce free format communications, within the Contract Ref No. industry.
You could invoke this display by typing ‘ MSDFFT’ into the industry at the very top right corner for the Application tool club and simply clicking the adjoining arrow key
If you opt to specify free structure text for the communications, and choose from a summary of pre-defined Loan Syndication module tags, click on the choice list key close to TAGS to look at a summary of such tags and find the necessary people. It is added at the current position of the cursor in the message body when you select one of the tags.
Each time a free format message specification is authorized, the pre-defined event 100% free format messages (ZFFT) is triggered, for the agreement.
The pre-defined tags available when it comes to Loan Syndication modules are:
5.13 Viewing Syndication Contracts
At any point through the tenor (or life period) of the syndication agreement, you will see its status. You will see the tranche agreements plus the draw down contracts, for the debtor in addition to individuals. Summary screens can be found detailing the currently active agreements entered at each degree. These displays can be invoked through the contract that is respective screens or through the application web browser.
This excellent site to observe area offers the after topics:
5.13.1 Viewing Agreements Entered under Main Borrower Facility Contract
The ‘Borrower Facility Contracts Summary’ display lists the facility that is active. You may want to invoke this display screen by typing ‘ LSSBWRFC’ on the go at the very top right corner regarding the Application tool bar and simply clicking the adjoining arrow button.
5.13.2 Watching Contracts Entered Under Borrower Tranche Contract
You are able to invoke this display from the application web web browser, in which particular case a list of active debtor tranche contracts under each debtor center agreement is presented.
Invoke the ‘Borrower Tranche Contracts Overview’ display by typing ‘ LSSBWRTR’ on the go towards the top right corner associated with Application device bar and simply clicking the arrow button that is adjoining.
5.13.3 View Summary of Borrower Draw Down Agreements
You can easily invoke this screen through the application web browser, in which particular case a list of active borrower draw down agreements under each borrower tranche agreement is presented. Invoke the ‘Borrower Drawdown Contracts Overview’ screen by typing ‘ LSSBWRDR’ on the go at the very top right corner for the Application device bar and simply clicking the arrow button that is adjoining.
5.13.4 Viewing Participant Contracts Entered under Principal Borrower Facility Contract
To look at a summary of participant facility agreements produced under a debtor center agreement, click on the ‘Participant Drawdown Summary’ button into the ‘Borrower Drawdown Contracts Summary’ display. The facility that is‘Participant Summary’ screen is exposed, detailing all active participant center agreements developed beneath the selected debtor center agreement.
You can invoke this display screen through the application web browser, in which particular case it will probably display a listing of all participant that is active contracts under each debtor center agreement.
5.13.5 Watching Summary of Participant Tranche Agreements
To look at an overview of participant tranche agreements, developed under a debtor facility agreement choose the contract into the grid into the Participant Facility Contract Overview screen, and then click on the ‘Tranche Overview’ switch. The Tranche that is‘Participant Contracts’ display is exposed, showing a summary of active participant tranche agreements joined underneath the chosen debtor center agreement. Invoke the Tranche Contracts Summary’ that is‘Participant display.
You could invoke this display screen by typing ‘LLSPRTTR’ within the field at the very top right corner for the Application tool club and pressing the arrow that is adjoining, in which particular case a list of active participant tranche agreements under each debtor tranche agreement is presented.
5.13.6 Watching Summary of Participant Draw Down Contracts
To see a listing of participant draw down contracts, entered under a debtor tranche agreement, choose the contract in the grid within the Participant Tranche Contract Overview display screen, then click the ‘Drawdown’ button. The ‘Participant Drawdown Contract Summary’ display is exposed, displaying a summary of participant draw down agreements developed beneath the chosen borrower tranche agreement.
It is possible to invoke the ‘Participant Drawdown Contract Overview’ display by typing ‘ LLSPRTTR’ into the field towards the top right corner for the Application device club and simply clicking the arrow button that is adjoining.
A summary of active participant draw down agreements under each debtor tranche agreement is exhibited.
To see a participant draw down agreement from the grid, just double simply simply click it or choose it and then click the ‘Detailed’ switch.