Participations under a dossier can be maintained in this transaction. With this transaction it is possible to

• delete existing sub participations
• add new sub participants
• add new sub participants for existing payouts
• transfer existing sub participation from one participant to another participant.

When a sub-participation is deleted, its share is reduced to zero and the bank's own take is increased by the corresponding proportion. A deleted participant is no longer available for further Drawdown.

When a new sub-participation is added, it is saved as a new participant in the contract. On the basis of the acquired share, the Bank's own take amount is recalculated. Depending on the checkbox “ Add for existing payouts” the participant can also be added to current repayment schedules of disbursements that were already effected. In this case an account for the new participant is created.

When an existing participation is transferred to another participant, the account balances of the old participant are booked for the new participant and future maturities are transferred to the new repayment plan. The transfer of shares can only be made if all open maturities have been paid for the old participant.

For an overview of all account movements in this transaction, see Accounts.