5. L oan Syndication Contracts.This chapter offers the following sections:
5.3.8 Indicating Party Type Details
You are able to specify the various forms of entities or parties that could be relevant for the debtor center agreement, along with the parties that are applicable to your chosen kind, when you look at the Party Details display. The celebration kinds from the debtor center product utilized by the agreement are defaulted; you are able to alter them and specify the types that are required.
You’ll specify multiple events for a chosen type, if allowed as specified into the Party Association specification for the debtor facility product utilized by the agreement. If multiple events are not permitted, it is possible to specify just one party for the chosen kind.
Then you must specify at least one party for the party type if any mandatory party types have been specified in the Party Association for the borrower facility product used by the contract.
Click on the â€˜Party Typeâ€™ switch when you look at the Loan Syndication Contract Input display to invoke the â€˜Party Detailsâ€™ display.
The following details are defaulted:
The agreement guide quantity is defaulted right here.
The consumer guide wide range of the agreement is defaulted right here.
The consumer quantity gets defaulted right right here.
The client title gets defaulted here.
Specifying Party Details
You will need to retain the following details right here:
Choose the ongoing celebration type to be from the debtor center contract. The celebration kind connected to your item is defaulted right right here. However can alter it.
Pick celebration of the selected party type, become associated with the debtor center contract.
The title associated with the party that is selected presented right here.
5.3.9 Specifying Settlement Instructions
You have to specify the settlement directions to be utilized for http://www.easyloansforyou.net/payday-loans-ok the debtor for the contract. You should use the payment Message Details display screen to achieve this. On the basis of the sequence quantity for every single borrower, the system obtains the settlement details.
Click on the â€˜Settlementsâ€™ key into the â€˜Loan Syndication Contract Inputâ€™ screen. The â€˜Settlement Detailsâ€™ display screen is opened, where you are able to specify the settlement details.
For information about the payment Message Details display, refer part settlements that areâ€˜Processing in the â€˜Settlementsâ€™ consumer handbook under Modularity.
5.3.10 Specifying MIS Details
Click â€˜MISâ€™ button in the â€˜Loans Syndication Contract Inputâ€™ display to invoke the â€˜MISâ€™ screen. This is a view just display screen, which provides a agreement.
To get more details on this display refer section â€˜Defining MIS details for an account or contractâ€™ within the chapter â€˜Defining MIS Details for a client, Account Class, Account, Product, and Contractâ€™ into the â€˜Management Information Systemâ€™ User handbook.
5.3.11 Specifying Adhoc Charges
Click â€˜Adhoc Chargesâ€™ button in the â€˜Loans Syndication Contract Inputâ€™ display to invoke the â€˜Adhoc Charges Scheduleâ€™ screen. This can be a view only screen, which provides the charge that is adhoc details for the contract.
The following details are defaulted:
The agreement reference quantity is defaulted right right here.
The consumer guide quantity of the agreement is defaulted right here.
The after schedule related details are defaulted:
5.3.12 Viewing Diary Events
The diary events defined for the contract can be looked at within the â€˜Contracts Diary Events Summaryâ€™ display, which is often invoked by pressing theâ€™ that isâ€˜Diary into the Loan Syndication Contract Input screen.
5.3.13 Watching Occasions
To look at the activities applicable for the agreement, click on the â€˜Eventsâ€™ button into the â€˜Loans Syndication Contract Inputâ€™ display. The â€˜Event Detailsâ€™ display is exposed, where in fact the events defined when it comes to agreement are defaulted and displayed through the center item employed by the agreement.
5.3.14 Taking Consumer Defined Fields
To see the consumer defined areas relevant for the contract, click on the â€˜Fieldsâ€™ switch into the Loans Syndication Contract Input display. The â€˜Fieldsâ€™ screen is opened, where in fact the UDFs defined when it comes to agreement are defaulted and displayed through the center product utilized by the agreement.
5.4 Loan Syndication Contracts Details
This part provides the after topics:
5.4.1 Processing Loan Syndication Contracts
You need to after you enter a borrower facility contract into Oracle FLEXCUBE: