3.5.2 Prior Warning Report

This topic provides information on prior warning report.

On the date that marks the beginning of the start of the lead time period for the load group, a prior warning report is generated by the system during the Beginning of Day (BOD) process. This report contains information about thoseLetter of Intent that have not been fulfilled as on that date.

For instance, if the letter of intent expires on 15th June 2002 and the lead-time specified for the load group is 10 days, a BOD process is executed on 5th June 2002 to ascertain whether the investor has satisfied the letter of intent amount agreed upon. This verification is performed for all Letter of Intent.

The report identifies and displays the following information for each Letter of Intent for any investor which is unfulfilled as on the date that marks the beginning of the lead time period:

• LOI Number
• LOI start date
• LOI end date (expiry date)
• LOI amount
• Amount fulfilled or used up as on the current date.
• Amount remaining unfulfilled as on the current date. This is computed as the difference between the LOI amount and the Amount Used Up as on the current date.
• The Load Group to which the fund belongs, for which the LOI has been set up for the investor.
• The lead time period specified for the load group.