Document background
The Fee Payment Agreement is a crucial document used to formalize financial obligations between parties under Irish law. It is typically employed when establishing ongoing payment arrangements, such as for professional services, consulting fees, or recurring business expenses. This document addresses key aspects including payment terms, methods, schedules, and consequences of default, while ensuring compliance with Irish financial regulations and EU directives. The agreement is particularly important in commercial relationships where regular payments are involved, and it provides legal protection for both the paying and receiving parties. It incorporates necessary provisions from Irish contract law and financial regulations, making it suitable for both domestic and international business transactions where Irish law governs the relationship.
