5.2.3.12 Specify Rollover Mechanism

You can select to roll over a drawdown contract by either creating a new version of the original contract with the option New Version or by selecting Spawn contract.

You can either select New Version to create a new version of the original contract or select Spawn contract to initiate a drawdown contract.

• Select New Version to create a new version of the original contract. During version rollover, you can modify the details such as the product, amount to be rolled over, tenor, ICCF, settlements accounts, charge, fees, and repayment schedules.
• Select Spawn Contract to create a child contract on rollover.