3.2.1.5 Covenants and Conditions Domain Changes

Covenants, Monitoring Information, and Condition Maintenance are centralized in the Covenants domain.

1. Covenant linkage during Collateral Category, Collateral, and Facility maintenance in OBELCM now sources records from the Covenants domain.
2. Condition linkage during Collateral and Facility maintenance in OBELCM also sources records from the Covenants domain.
3. Customer Covenant Linkage and Customer Condition Linkage are managed within the Covenants domain.

Covenants and Conditions tracking is centralized in the Covenants domain.

1. Notice Days can be set at the condition‑linkage level to enable proactive tracking before the condition end date.
2. Grace Days can be set at the condition‑linkage level to defer breach marking until the grace period ends if the condition is not marked as met on the end date.

New Covenants and Conditions Dashboard provides a unified view to monitor and manage customer-level covenants and conditions, enabling quick review of compliance history and timely action.

1. Facility Covenants Inquiry and Collateral Covenants Inquiry are now consolidated into the Covenants and Conditions Dashboard.
   • The Covenants and Conditions Dashboard provide a unified view to monitor and manage customer-level covenants and conditions, enabling quick review of compliance history and timely action.
2. Covenants are applied at the category level and automatically defaulted during collateral maintenance.
   • Users can retain or remove these defaults as needed and add new covenants via Covenant Maintenance, rather than linking them directly at the collateral level.