Limit Change

The VALUE maintenance allows you to set rules, whereby the VALUE of the fund can CHANGE at a point in time.

This LIMIT is then used in the DRAW DOWN, rather than the LIMIT set on the Facility

E.g.  In this case, any Drawdown made after 4/11/2013, the new limit would be 50,000,000

Rather than the $40,000,000 as per the facility, if the type is set to ‘LIMIT CHANGE’