5.2.17 Defining Drawdown Fee Schedules

The fee components associated with the drawdown product is applied on all drawdowns processed under it. You can view the fee component schedule details in the Fee Components screen.

Specify the User ID and Password, login to Homepage.

From the Homepage, navigate to Drawdown Contract Detail screen.

1. From the Drawdown Contract Detail screen, click Fee.
   The Fee Components screen is displayed.

   Figure 5-24 Fee Components

   
   

   
   Description of "Figure 5-24 Fee Components"

   
   

   Note:

   For the fee components having basis amount as UTILIZED or UNUTILIZED, if there is a change in UTILIZED or UNUTILIZED amount due to Value dated amendment (VAMI), creation or liquidation of Drawdowns, then the unpaid schedules are recalculated and reflected in the future fee schedules. The recalculation for the unpaid fee schedules happens during the VAMI, If the change in basis amount happens during the fee calculation period of the Advance fee component's latest paid schedule, then the recalculation happens during the EOD on the date of amendment, and the calculated amount for that schedule is the sum of the calculated amount before amendment and after amendment.

   For details on the fields in this screen, refer the heading Defining tranche fee schedules in this chapter.