> For the complete documentation index, see [llms.txt](https://docs.xyb.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.xyb.co/credit/use-case-tutorials/nordic-revolving-credit-line-overview/managing-sub-contracts-and-terms-in-nordic-credit-line.md).
# Managing Sub-Contracts and Terms in Nordic Credit Line
Once a **main credit facility** is created under the **Nordic Revolving Credit** product, users can create and manage **sub-contracts,** each representing an individual drawdown with its own terms and repayment schedule.
This guide explains how to manage sub-contracts and contract term changes throughout the lifecycle.
***
**1. Understanding the Parent–Child Contract Structure**
* **Main contract**: Holds the overall credit limit, schedule framework, and product terms.
* **Sub-contracts**: Represent disbursed amounts (withdrawals) under the main limit; each has its own schedule and terms but inherits key logic from the main contract.
***
**2. Viewing Sub-Contracts**
* Navigate to the parent contract’s **Overview** page.
* Scroll to **Related Sub-Contracts** to see all drawdowns (e.g., Contract 0060, 0061).
* Each sub-contract includes amount, limit, schedule, and currency.
* Clicking into a sub-contract opens detailed terms and allows further changes.
***
**3. Managing Term Changes**
You can apply changes to active sub-contracts using the **New Term** button:
1. Click **New Term**.
2. Choose change type and reason (e.g., “Payment holiday” > “promo”).
3. Set the **term start**, **end**, and **signing date**.
4. Add early payment amount (if applicable).
5. Submit the term change.
***
**4. Post-Term Change Workflow**
After a term change is submitted:
* The sub-contract status becomes **Passive** again.
* You must **approve**, **sign**, and **activate** the updated contract.
***
**5. Editing Contract Terms (Optional)**
From the contract view, you can click **Edit** to:
* Adjust the limit
* Change schedule settings
* Update interest terms
Once edited, follow the same workflow: save > sign > activate.
***
**6. System Validations**
* The system checks the **remaining main contract limit** before allowing new sub-contracts.
* When repayments are made, the main contract’s available limit is automatically restored.
* Fees configured at the product level should auto-apply to sub-contracts, but manual verification is recommended.
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