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1. Parties: Identification and details of the debtor and creditor, including full legal names, addresses, and registration details if companies
2. Background: Context of the debt or payment obligation, including origin of the debt and current status
3. Definitions: Definitions of key terms used throughout the agreement
4. Payment Amount and Currency: Clear statement of the total amount owed and currency of payment
5. Payment Schedule: Detailed payment terms including installment amounts, due dates, and payment methods
6. Interest: Interest rate applicable to the debt and calculation method
7. Default Provisions: Consequences of missing payments, including default interest and acceleration clauses
8. Representations and Warranties: Confirmations from both parties regarding their capacity and authority to enter into the agreement
9. Notices: How and where formal communications between parties should be sent
10. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction for disputes
11. Execution: Signature blocks and execution requirements
1. Security: Details of any collateral or guarantees securing the payment obligation
2. Early Payment Provisions: Terms for early repayment including any discounts or penalties
3. Third-Party Guarantor: Include when a third party is guaranteeing the payment obligations
4. Tax Provisions: Include when tax implications need to be addressed specifically
5. Force Majeure: Include when parties want to address extraordinary circumstances affecting payment ability
6. Assignment: Include when either party may need to transfer rights or obligations
7. Confidentiality: Include when payment terms or underlying transaction details are sensitive
8. Debt Restructuring Provisions: Include when there's possibility of future payment term modifications
1. Payment Schedule: Detailed breakdown of payment installments, amounts, and due dates
2. Calculation of Interest: Detailed methodology for calculating interest, including examples
3. Security Details: Detailed description of any collateral or security arrangements
4. Bank Account Details: Payment account information and accepted payment methods
5. Original Debt Documentation: Copies of original agreements or documents evidencing the debt
6. Corporate Authorizations: If applicable, corporate resolutions authorizing the agreement
Payment Obligations
Payment Schedule
Interest
Default Interest
Security
Representations and Warranties
Default Events
Acceleration
Early Payment
Payment Methods
Currency
Set-off
Force Majeure
Assignment
Confidentiality
Notices
Amendment
Severability
Waiver
Entire Agreement
Third Party Rights
Costs and Expenses
Guarantee
Tax
Further Assurance
Counterparts
Governing Law
Jurisdiction
Dispute Resolution
Banking & Financial Services
Real Estate
Manufacturing
Retail
Professional Services
Healthcare
Construction
Technology
Telecommunications
Energy
Transportation & Logistics
Agriculture
Education
Hospitality
Legal
Finance
Accounts Receivable
Treasury
Credit Control
Risk Management
Commercial Operations
Debt Recovery
Contract Management
Corporate Affairs
Business Development
Account Management
Chief Financial Officer
Finance Director
Accounts Receivable Manager
Credit Controller
Treasury Manager
Financial Controller
Legal Counsel
Contracts Manager
Collections Manager
Risk Manager
Commercial Director
Business Development Manager
Account Manager
Corporate Lawyer
Debt Recovery Specialist
Finance Operations Manager
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