19.2.5 Process Rights
Processing for rights takes place for three events:
- Rights Tear–off
- Rights Exercise
- Rights Expiry
Each of the above is processed in stages. Initiation, Collection, and Liquidation, depending on the stage that is applicable to the event being processed. For instance, there is no collection involved in the case of tear-off events. If the automatic processing of events fails due to some then the same events can be force run manually.
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