This function will rename the selected files based on a chosen rename template. The rename template can be chosen from the popup list or manually entered. The only reason to manually enter the template name is if you wish to specify the name at runtime. The template field may contain any of the escape sequences described in Escape Sequences. Note that regardless of the execution mode, the template field is only evaluated once. As this is the case it may be more appropriate to indirectly specify a template in a named variable as opposed to one of the Variable 0 through Variable 9 fields.
The function sets the Retained Path 1 property to the new path on success. The Retained Path 2 property is set to the original path on success. On failure, both properties are emptied.