This topic provides systematic instructions about terms and conditions.

1. Click Next in the previous data segment to proceed with the next data segment, after successfully capturing the data.
   The Terms and Conditions screen is displayed.

   Figure 3-45 Terms and Conditions

   
   

   
   Description of "Figure 3-45 Terms and Conditions"

   
   

   Click
   

   

   
   icon. The Add Conditions screen displays.

   Figure 3-46 Add Conditions

   
   

   
   Description of "Figure 3-46 Add Conditions"

   
   

   For more information on fields, refer to the field description table.

   Table 3-40 Add Conditions - Field Description

   Field	Description
   Conditions Code	Fetch the Condition Code through LOV from Condition Code Maintenance in Oracle Banking Conditions and Covenants Module. Only open and authorized records will be available for the user to select.
   Conditions Description	This field displays the Condition Description maintained in the Conditions Maintenance for the selected Condition Code. Defaulted values cannot be modified.
   Conditions Clause	This field displays the Condition Clause maintained in the Conditions Maintenance for the selected Condition Code. Defaulted values can be modified.
   Conditions Type	This field displays the Condition Type maintained in the Conditions Maintenance for the selected Condition Code. Defaulted values can be modified to the other values in the drop-down list. The available options are: Post -Disbursement Pre-Disbursement Pre-Sanction
   Conditions Reason	This field displays the Condition Reason maintained in the Conditions Maintenance for the selected Condition Code. Defaulted values can be modified to the other value in the drop-down list. The available options are: Maintenance Restrictive
   Compliance Status	Compliance status can be marked as Met / Breached, from the options available in the drop-down list, during linkage in the Collateral. User can amend the record, as part of Collateral amendment, before the due date. If Compliance Status is not updated during linkage of Conditions, system will track the Conditions either on the due date or on the date calculated as the due date minus the notice days, for updation.
   Due Date	Specify the due date for the Condition. The due date can be current business date or any future date, but cannot be a past date. Compliance status gets updated on EOD of due date if no grace days signified.
   Notice Days	Specify the number of Notice days, to indicate how many days prior to the Condition’s Due date, the system should track the Condition.
   Grace Days	Grace DaysSpecify the Grace days, to indicate the system to auto-update the Condition’s Compliance status as Breached, if the same in Tracking record is not updated within the grace days after the due date by the user.
   Compliance Remarks	Specify the additional information to be inputted for the Condition.
   Waiver Status	A condition can be waived before due date. If waived condition will not be tracked and will be treated as closed.

   Remarks:

   • Each Condition Code can be linked to the Collateral, only once.
   • Multiple Conditions can be linked to the Collateral.
   • Same Condition Code can be linked to other Collateral under the same liability.
   • Closed Conditions i.e., Condition’s due date prior to current business date, cannot be modified.

   Note:

   Maintenance and Tracking of Conditions are done in Oracle Banking Conditions and Covenants Module. Please refer the Oracle Banking Credit Facilities Process Management Covenant and Conditions User Manual.

2. Click Save to save the record. Click Next to navigate to the next data segment, after successfully capturing the data.