EBA NPL.Loan.Early Redemption Penalty
From Open Risk Manual
Contents
Definition of Loan / Early Redemption Penalty
Loan.Early Redemption Penalty: Additional charge on the early redemption made by the Counterparty according to the Loan Agreement and applicable as of the NPL Portfolio Cut-Off Date
- EBA Field Index 7.052
- Documentation Entry 174
Description
"Early Redemption Penalty" is the additional charge on the early redemption made by the Counterparty according to the Loan Agreement and applicable as of the NPL Portfolio Cut-Off Date Where redemption is the repayment of principal balance of the loan.
Field Characteristics
The field type is a Percentage.
The field's importance for the Loan Tape is Moderate.
The field belongs to the EBA NPL Loan Table.
The field applies to all of the 7 EBA NPL Asset Classes.
The field is applicable to all borrower types.
The field is Not Confidential
Disclaimer
- This text is generated automatically. Do not edit manually!
- This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions
