5.2.24 Specifying UDF Values for the Drawdown

The UDFs defined for the drawdown product is applied for the drawdowns processed under it. You can view the UDFs, if applicable, in the User Defined Fields 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 UDF.
   The Fields screen is displayed.

   Figure 5-31 Fields

   
   

   
   Description of "Figure 5-31 Fields"

   
   
2. For more details on the above screen, refer the UDF (User Defined Fields) User Manual.
   If the UDF RATE-VARIANCE is maintained as a non-zero value for a tranche contract to which the drawdown is linked, dual authorization is required for some select operations.

   For details on operations that require dual authorization, refer the section Authorizing Overrides in the chapter titled Loan Syndication Contracts - Part 1 of this User Manual.

   The UDF PAYOFF-FEE attached to drawdown products is used to determine the flat fee amount. The value maintained for this UDF for the tranche contract is inherited to all linked drawdown contracts. If required, you can change the value at drawdown level. If the defaulted UDF value is overwritten at the drawdown level, then the tranche and drawdown UDF values are different. In this case, the subsequent UDF changes at the tranche contract level is not propagated to the drawdown.