Sub-Arrangement Condition
The Sub Arrangement Condition Property class is used to define condition or validation for processing or creating Drawing Arrangements. Banks can define various criteria in Sub-Arrangement condition either at deal or facility level. When a drawdown is created under a Facility, the system validates against the conditions and raises override or error message whenever any condition is breached.
Product lines
The following Product Line uses the Sub Arrangement Condition Property Class:
- Facility
Property Class type
The Sub Arrangement Condition Property Class(optional) uses the following Property Class Types:
- Dated
- Non Tracking
Property type
The Sub Arrangement Condition Property Class is associated with the Product Only Property Type.
Balance Prefix
Sub Arrangement Condition does not hold any balances due to which there is no associated balance prefix.
Attributes
The following are the attributes of Sub Arrangement Condition Property Class:
Product Line
Specifies allowed drawing Product Lines for which the rules or restrictions are applied.
Product Group
Specifies the allowed drawing Product Groups for which the rules or restrictions are applied.
Product
Specifies the allowed drawing products for which the rules or restrictions are applied.
Currency
Specifies the currency of an allowed drawing product or group or line for which the rules or restrictions are applied.
Property
Specifies the Property of a drawing product or group or line for which the rules or restrictions are applied.
Attribute
Specifies the rule or restriction that is applied for a drawing product or group or line.
This field has a look up to the AA.ARRANGEMENT.ATTRIBUTE table.
Value
Specifies the valid value for the attribute.
For example, If the Attribute is set as Minimum Term, then the value can be 2Y and cannot be 5%.
This will be defaulted from the AA.ATTRIBUTE if defined.
Message
Specifies the action such as error or override if the attribute value is negotiation at the drawing level. This field is mandatory if the arrangement attribute is of negotiation rule type.
Periodic Attribute Classes
There are no periodic attribute classes associated with Sub-Arrangement Condition Property Class.
Actions
The Sub Arrangement Condition Property Class supports the following actions:
| Action Name | Description |
|---|---|
| UPDATE | Individual AA.PROPERTY.CLASS.ACTION records control which Product Line it’s associated to. The Sub-Arrangement Condition Property Class supports the UPDATE action. |
Accounting Events
The Sub Arrangement Condition Property Class does not perform any actions that generate accounting events.
Limits Interaction
The Sub Arrangement Condition Property Class does not perform any action that impact the limits system.
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