Insight’s MFN Elections feature enables you to complete the MFN elections process quickly and digitally. Use SmartLine functionality to redline MFN and side letter provisions to understand key differences in seconds before submitting your elections.
LPs Submit Elections
- After the GP has distributed forms, you will receive an email notification prompting you to review a new MFN form. From the email, select Review the election form to initiate login to a secure portal.
| ℹ️ | The exact message in the form, as well as the email domain of the sender, may vary based on customizations by the GP. If you have any questions about the legitimacy of the message or the content of the form, please reach out directly to your GP contact for more information. |
- The first time you make MFN elections using Ontra, you'll need to create a password and agree to Ontra’s terms of service and privacy policy.
- Select Continue to navigate to a documents dashboard where you can view the MFN Election forms for relevant entities.
- Select the MFN form of interest and can use the table of contents on the left-hand panel to toggle between the cover letter and each MFN provision. Viewing the election form will change the form status from New to In Progress on your dashboard.
- Use the SmartLine feature to identify similarities and differences among provisions before making a selection. To do so, select SmartLine in the upper right corner of any obligation category, set a provision as a base, and review the redline that results. This will surface which provisions already exist in the side letter.
| 💡 | At any point while editing or after submitting, select Download in the upper right corner of the form to download the MFN form for your own records. |
- After reviewing electable provisions, use checkboxes to make your selections. Non-electable provisions are included for read-only purposes.
Send the completed form to the GP by selecting Submit and Sign at the bottom of the form. This will open the Submit and Designate Signatories side panel.
To designate yourself as a signatory of the election form, select the I will also sign this form box and enter your full legal name in the text box that appears.
9. Route the form to additional signatories as needed using the Add another signatory option and enter each signatory's full legal name and email address.
10. Customize your message to the signatory list at the bottom of the pane in the Message to signatories text field.
11. Once all signatory information is complete, select Continue to send the form to the signatory list via DocuSign integration.
12. The form status will update to Submitted in your MFN documents dashboard list.
Note: After submitting elections, you will be able to log back into the platform to review your selections. You will not be able to modify elections unless the GP voids and resends the election form.