coding-schemes.fpml.accruing-fee-type-1-0.xml Maven / Gradle / Ivy

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Rune Testing is a java library that is utilised by Rosetta Code Generators and models expressed in the Rosetta DSL.
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<?xml version="1.0" encoding="UTF-8"?>
<gcl:CodeList xmlns:gcl="http://xml.genericode.org/2004/ns/CodeList/0.2/" xmlns:doc="http://www.fpml.org/coding-scheme/documentation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://xml.genericode.org/2004/ns/CodeList/0.2/ CodeList.xsd">
   <Annotation>
      <Description>
         <doc:definition>Facility-level accruing fees.</doc:definition>
         <doc:publicationDate>2015-07-15</doc:publicationDate>
      </Description>
   </Annotation>
   <Identification>
      <ShortName>accruingFeeTypeScheme</ShortName>
      <Version>1-0</Version>
      <CanonicalUri>http://www.fpml.org/coding-scheme/accruing-fee-type</CanonicalUri>
      <CanonicalVersionUri>http://www.fpml.org/coding-scheme/accruing-fee-type-1-0</CanonicalVersionUri>
      <LocationUri>http://www.fpml.org/coding-scheme/accruing-fee-type-1-0.xml</LocationUri>
   </Identification>
   <ColumnSet>
      <Column Id="Code" Use="required">
         <ShortName>Code</ShortName>
         <Data Type="token">
            <Parameter ShortName="maxLength">63</Parameter>
         </Data>
      </Column>
      <Column Id="Source" Use="optional">
         <ShortName>Source</ShortName>
         <Data Type="string"/>
      </Column>
      <Column Id="Description" Use="optional">
         <ShortName>Description</ShortName>
         <Data Type="string"/>
      </Column>
      <Key Id="PrimaryKey">
         <ShortName>key</ShortName>
         <ColumnRef Ref="Code"/>
      </Key>
   </ColumnSet>
   <SimpleCodeList>
      <Row>
         <Value>
            <SimpleValue>Commitment</SimpleValue>
         </Value>
         <Value>
            <SimpleValue>FpML</SimpleValue>
         </Value>
         <Value>
            <SimpleValue>A fee paid by the borrower to keep loan in place until it can be used.
					For a revolver, the fee paid by a borrower on unused/funded
					commitments.</SimpleValue>
         </Value>
      </Row>
      <Row>
         <Value>
            <SimpleValue>Facility</SimpleValue>
         </Value>
         <Value>
            <SimpleValue>FpML</SimpleValue>
         </Value>
         <Value>
            <SimpleValue>A fee that is paid on a facility's entire committed amount, regardless of
					usage; it is often charged on revolving credits to investment grade borrowers
					instead of a commitment fee because these facilities typically have a
					competitive-bid option (CBO) that allows a borrower to solicit the best bid from
					it syndicate group for a given borrowing. The lenders that do not lender until
					the CBO are still paid for their commitment.</SimpleValue>
         </Value>
      </Row>
      <Row>
         <Value>
            <SimpleValue>Ticking</SimpleValue>
         </Value>
         <Value>
            <SimpleValue>FpML</SimpleValue>
         </Value>
         <Value>
            <SimpleValue>A fee associated with a long-term commitment to provide a Bridge Loan or
					Credit Facility, which starts accruing the day the Fee Letter is signed (or a
					specified number of days thereafter) and terminates when the underlying
					transaction is either consummated or terminated. The Ticking Fee is set forth in
					the Fee Letter. </SimpleValue>
         </Value>
      </Row>
      <Row>
         <Value>
            <SimpleValue>Utilization</SimpleValue>
         </Value>
         <Value>
            <SimpleValue>FpML</SimpleValue>
         </Value>
         <Value>
            <SimpleValue>Calculated as a percentage of the utilized portion of the facility. This
					fee type is subject to banding rules - different portions of the utilization
					amount may be subject to different percentages.</SimpleValue>
         </Value>
      </Row>
   </SimpleCodeList>
</gcl:CodeList>