The schedule that falls due immediately after the value-dated change have a slightly different amount (that is, not the Equated Installment). This is because an adjustment has to be made if the period for which the interest is calculated has two different rates. The subsequent schedules are amortized at the new rates.

Fee rates can be changed only if the contract is a commitment. The fee rate can also be changed in case of a future dated loan that is yet to be initiated and the Value Date has to be the same as the Initiation Date of the loan.

For example, for a loan, the new draw-down fees are applicable only if the loan is a future valued loan that is yet to be initiated.