Allow Transfer and Assumption on Syndicated Contracts
(Doc ID 2814222.1)
Last updated on OCTOBER 13, 2021
Applies to:Oracle Lease and Finance Management - Version 12.2.9 and later
Information in this document applies to any platform.
Allow Transfer and Assumption on syndicated Contracts.
T&A’s on syndicated contracts should be allowed, but only with the approval of the investor / syndication team. The investor has purchased and underwritten a contract based upon the credit worthiness of the original customer/lessee. Lessee cannot be changed without approval of the investor. T&A on syndicated contracts should have approval option routed to Syndication Team, but not a hard stop on this process.
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