3.3.8 Associating Parties

You can also specify the different types of entities or parties that would be applicable for the borrower tranche or drawdown product in the Party Association screen.

Specify the User ID and Password, and login to Homepage.

From the Homepage, navigate to Loan Syndication - Borrower Product Definition screen.

1. From the Loan Syndication - Borrower Product Definition screen, click Party Type.
   The Party Type screen is displayed.

   Figure 3-12 Party Type

   
   

   
   Description of "Figure 3-12 Party Type"

   
   
2. You need to maintain the following details in this screen. For information on fields, refer to the field description table.

   Table 3-11 Party Details

   Fields	Description
   Party Type	Select the party type to be associated with the borrower facility contract. The party type associated to the product is defaulted here. However you can modify it.
   Multiple Party Allowed	You can select the option from the drop-down list. It indicates more than one party belonging to the associated type may be specified for contracts using the product.
   Mandatory	You can select the option from the drop-down list. It indicates at least one party belonging to the product is mandatory for contracts using the product.