3.6.6 Associating Appropriate Party Types for Borrower Facility Products

You can also specify the different types of entities or parties that would be applicable for the borrower facility product in the Party Association screen. Click Party Type in the Facility Product Definition screen to invoke the Party Association screen

For each party type that you associate in this screen, you can specify:
  • Whether more than one party belonging to the associated type may be specified for contracts using the product.
  • Whether specification of at least one party belonging to the product is mandatory for contracts using the product