15.5.2 Take on Facility Definition

The Take on Facility Definition notice can be generated for tranches that have not yet been sent to MarkIt. The system ensures that the tranche details that are being sent are not for the first tranche under the deal (facility) and that the tranches are not generated or handed-off more than once. You are allowed to generate other FpML messages for tranches/ drawdowns only if the Take on Deal /Take On Facility Definition messages have been generated and handed-off to MarkIt.

The message display Ext Deal CUSIP/ISIN captured at the tranche level for the InstrumentId field in Deal Summary.

Note:

Assignment validation details are populated for each tranche in the Take on Facility Definition Notice.