Covenant Rules panel allows you to define rule-based compliance checklists and send alerts to the associated party. You can access the extensive, configurable checklists along with alerts, notifications, and document management. The details included are:

• Rule Description: Displays the item for which you are adding the rule.
• Related To: Displays the party concerned, i.e. Borrower, Guarantor, and Target Company.
• Frequency: Displays the frequency, i.e. Monthly, Quarterly, Half-Yearly, and Annual.
• Period Ended: Displays the period when the rule ends for an item.
• Period Due: Displays the due days.
• No Reminder Date: Displays the date after which no reminder is to be sent for that rule.
• Assigned To: Displays the member names the rule is assigned to.

To modify a rule, follow the below steps:

1. Click on Add Rule button in the top right corner of the panel.

2. The field is activated. Update the details. Click Save.

3. To edit a rule, click on Edit () icon in the Action Column. Update the details and click Check () button to save.

4. To delete a rule, click on Delete () icon in the Action Column. The delete window is displayed. Click OK to delete the rule.