5.2.3.2 Partial Liquidation Allowed
Partial liquidation Allowed check box defaults from the drawdown product.
At the drawdown level, you can change the checkbox value.
Select the Partial Liquidation Allowed check box to allow partial payment of amounts due on a schedule date.You can change this value during contract creation and Non-Financial amendment. If this box is unselected, then system does not allow partial settlement of components that are due.That is, if the balance available in the settlement account is less than the amount due then the liquidation is stopped.
Parent topic: Capturing Details in the ‘Contract’ Tab