Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: transferee
Namespace: http://www.fpml.org/FpML-5/recordkeeping
Type: nsD:PartyReference
Containing Schema: fpml-business-events-5-10.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
A pointer style reference to a party identifier defined elsewhere in the document. In a three-way novation the party referenced is the Transferee (incoming party) in the novation. Transferee means a party which accepts by way of novation all rights, liabilities, duties and obligations of a Transferor with respect to a Remaining Party. In a four-way novation the party referenced is Transferee 1 which accepts by way of novation the rights, liabilities, duties and obligations of Transferor 1. ISDA 2004 Novation Term: Transferee (three-way novation) or Transferee 1 (four-way novation).
Collapse XSD Schema Diagram:
Drilldown into Reference in schema fpml-shared-5-10_xsd3 Drilldown into href in schema fpml-shared-5-10_xsd3 Drilldown into PartyReference in schema fpml-shared-5-10_xsd3XSD Diagram of transferee in schema fpml-business-events-5-10_xsd2 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="transferee" type="PartyReference" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">A pointer style reference to a party identifier defined elsewhere in the document. In a three-way novation the party referenced is the Transferee (incoming party) in the novation. Transferee means a party which accepts by way of novation all rights, liabilities, duties and obligations of a Transferor with respect to a Remaining Party. In a four-way novation the party referenced is Transferee 1 which accepts by way of novation the rights, liabilities, duties and obligations of Transferor 1. ISDA 2004 Novation Term: Transferee (three-way novation) or Transferee 1 (four-way novation).</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Child Attributes:
Name Type Default Value Use
href nsD:href Required
Collapse Derivation Tree:
Documentation for Financial products Markup Language (FpML®)

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