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1. Parties: Identification of the service provider and the client, including full legal names, addresses, and registration details if companies
2. Background: Context of the agreement, including reference to the services already rendered and the outstanding payment obligation
3. Definitions: Key terms used throughout the agreement, including 'Services', 'Payment Amount', 'Due Date', etc.
4. Services Rendered: Detailed description of the services that have been provided and confirmation of their completion
5. Payment Terms: Specific amount owed, payment schedule, method of payment, and currency
6. Payment Conditions: Any conditions that must be met before payment is made, including documentation requirements
7. Tax Obligations: VAT and other applicable tax considerations, including responsibility for payment
8. Default and Remedies: Consequences of non-payment and available remedies under UAE law
9. Governing Law and Jurisdiction: Explicit reference to UAE law and jurisdiction of UAE courts
10. Notices: How formal communications between parties should be made and delivered
11. Entire Agreement: Confirmation that this agreement represents the complete understanding between parties regarding the payment obligation
1. Interest on Late Payments: Include when parties agree to interest charges on delayed payments, ensuring compliance with UAE law on interest
2. Currency Exchange: Required when payment is to be made in a currency other than AED, specifying exchange rate mechanisms
3. Payment Security: Include when additional security for payment is required, such as post-dated checks or bank guarantees
4. Confidentiality: Include when the nature of services rendered involves sensitive information
5. Force Majeure: Include when external factors might affect payment capability, particularly for installment payments
6. Assignment: Include when either party might need to transfer rights or obligations under the agreement
7. Electronic Payments: Include when specific provisions for electronic payment methods are required
1. Schedule 1 - Service Description: Detailed breakdown of services rendered, including dates, quantities, and specifications
2. Schedule 2 - Payment Schedule: If multiple payments, detailed breakdown of payment amounts and due dates
3. Schedule 3 - Supporting Documentation: List of delivery notes, timesheets, or other evidence of service completion
4. Schedule 4 - Tax Invoices: Copies or details of relevant tax invoices
5. Appendix A - Service Completion Certificates: Copies of any completion certificates or client acceptance documents
6. Appendix B - Bank Details: Banking information for payment processing
Service Provider
Client
Services
Payment Amount
Due Date
Business Day
Completion Date
Completion Certificate
Payment Schedule
Default Interest
Force Majeure Event
Confidential Information
Notice
Bank Account
Tax Invoice
VAT
Supporting Documentation
Governing Law
Electronic Payment
Service Description
Payment Method
Late Payment
Working Hours
Authorized Representative
Dispute
Interest Rate
Payment Currency
Service Period
Territory
Service Description
Payment Schedule
Default Remedy
Interest
Tax Compliance
Force Majeure
Governing Law
Dispute Resolution
Notices
Confidentiality
Assignment
Entire Agreement
Severability
Amendment
Electronic Payment
Currency Exchange
Bank Details
Service Verification
Documentation Requirements
Payment Security
VAT
Representations and Warranties
Termination
Survival
Third Party Rights
Waiver
Compliance with Laws
Language
Counterparts
Professional Services
Construction
Information Technology
Consulting
Healthcare
Education
Real Estate
Financial Services
Manufacturing
Retail
Transportation
Energy
Media and Entertainment
Hospitality
Finance
Legal
Procurement
Operations
Treasury
Accounts Payable
Accounts Receivable
Risk Management
Commercial Operations
Contract Administration
Finance Manager
Accounts Payable Manager
Chief Financial Officer
Contract Manager
Procurement Manager
Project Manager
Business Owner
Financial Controller
Legal Counsel
Treasury Manager
Accounts Receivable Manager
Operations Director
Company Secretary
Commercial Director
Risk Manager
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