Non Payment Agreement Template for Netherlands

A Non-Payment Agreement under Dutch law is a legally binding document that formalizes an arrangement between a creditor and debtor to temporarily suspend or modify payment obligations. This agreement, governed by the Dutch Civil Code (Burgerlijk Wetboek), particularly Books 3 and 6, establishes the terms under which the creditor agrees not to demand payment for a specified period, while maintaining their legal right to the debt. The document includes crucial provisions regarding the acknowledgment of the existing debt, terms of forbearance, conditions for maintaining the agreement, and consequences of default, all within the framework of Dutch legal requirements and commercial practices.

Typically:
i
This cost is based on prices provided by
6 legal services in your market.
With Genie AI:

£0

i
Generate and export your first
document completely free.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free
Upload to review

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Non Payment Agreement?

The Non-Payment Agreement is a crucial document used in situations where a debtor requires temporary relief from payment obligations while maintaining the validity of the underlying debt. This agreement, governed by Dutch law, is particularly valuable during financial restructuring, temporary business difficulties, or when implementing staged payment arrangements. It provides legal protection for both creditors and debtors by clearly documenting the terms of payment suspension, conditions for maintaining the agreement, and the consequences of default. The document is commonly used in commercial contexts where maintaining business relationships while managing cash flow challenges is essential. It includes detailed provisions about the debt acknowledgment, forbearance period, and any conditions attached to the non-payment arrangement, all structured in compliance with Dutch legal requirements and commercial practices.

What sections should be included in a Non Payment Agreement?

1. Parties: Identification and details of all parties to the agreement

2. Background: Context of the existing debt or payment obligation and reason for the non-payment agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Acknowledgment of Debt: Clear statement of the existing debt amount and its origin

5. Non-Payment Terms: Specific terms of the agreement not to demand payment, including duration and conditions

6. Conditions Precedent: Any conditions that must be met before the agreement becomes effective

7. Representations and Warranties: Statements of fact and assurances from both parties

8. Obligations of the Parties: Ongoing obligations of both creditor and debtor during the non-payment period

9. Events of Default: Circumstances that would constitute a breach of the agreement

10. Consequences of Default: Actions that may be taken if a default occurs

11. Duration and Termination: Term of the agreement and circumstances for early termination

12. Governing Law and Jurisdiction: Confirmation of Dutch law application and jurisdiction for disputes

13. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

What sections are optional to include in a Non Payment Agreement?

1. Security Arrangements: Include when additional security is being provided for the debt

2. Third-Party Guarantees: Required when a guarantor is involved in securing the debt

3. Interest Provisions: Include when there are specific arrangements regarding interest during the non-payment period

4. Partial Payment Provisions: Include when allowing for certain partial payments during the agreement period

5. Subordination Provisions: Include when the debt needs to be subordinated to other creditors

6. Restructuring Options: Include when future debt restructuring possibilities are contemplated

7. Confidentiality: Include when parties wish to keep the agreement terms confidential

8. Tax Implications: Include when there are specific tax considerations to address

What schedules should be included in a Non Payment Agreement?

1. Schedule 1 - Debt Details: Detailed breakdown of the existing debt, including dates and amounts

2. Schedule 2 - Payment History: Record of previous payments and payment attempts

3. Schedule 3 - Security Details: Details of any security or collateral (if applicable)

4. Schedule 4 - Related Agreements: List and details of any related agreements or contracts

5. Appendix A - Communication Protocol: Agreed procedures for communications during the non-payment period

6. Appendix B - Compliance Requirements: Any specific compliance or reporting requirements during the agreement period

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Netherlands

Publisher

Genie AI

Document Type

Payment Agreement

Sector

Banking

Cost

Free to use

Find the exact document you need

Installment Plan Contract

Dutch law-governed Installment Plan Contract for structured periodic payments, compliant with local financial regulations and consumer protection laws.

Download

Rent Payment Contract

A Dutch law-compliant contract establishing payment terms and conditions between landlord and tenant for rental property in the Netherlands.

Download

Paid Agreement

Dutch law-governed agreement establishing terms for paid provision of goods or services, incorporating Dutch Civil Code requirements.

Download

Personal Loan Payment Agreement

A Dutch law-governed agreement establishing terms and conditions for a personal loan between lender and borrower, including loan amount, interest, and repayment terms.

Download

Loan Payment Agreement Letter

A Dutch law-governed letter agreement outlining loan repayment terms and conditions between lender and borrower.

Download

Money Contract

A Dutch law-governed agreement establishing terms for monetary obligations, including payment terms, interest, and default provisions.

Download

Agreement For Partial Payment

A Dutch law-governed agreement establishing terms for partial payment of existing debt through structured installments.

Download

Payment Agreement Contract For Car Accident

A Dutch law-governed payment agreement contract that establishes settlement terms and payment schedules between parties involved in a car accident.

Download

Contract For Payment Of Services

Dutch law-governed agreement establishing terms for service provision and payment arrangements between service providers and clients.

Download

Debt Release Agreement

A Dutch law-governed agreement documenting the release of debt obligations by a creditor, specifying terms, conditions, and implications of the debt forgiveness.

Download

Simple Royalty Agreement

A Dutch law-governed agreement establishing terms for royalty payments in exchange for intellectual property rights usage.

Download

Collection Payment Agreement Letter

A Dutch-law governed formal letter establishing payment arrangements for outstanding debts, including payment terms and collection conditions.

Download

Employee Repayment Agreement

A Dutch law-compliant agreement establishing terms for employee repayment of training/education costs if leaving employment within a specified period.

Download

Freelance Payment Contract

Dutch law-governed payment contract establishing terms and conditions for freelance service payments, ensuring compliance with local regulations and DBA law.

Download

Undertaking Letter For Commission Payment

A Dutch law-governed formal undertaking that commits one party to pay commission to another under specified terms and conditions.

Download

Recurring Payment Agreement

Dutch law-governed agreement establishing terms for automated recurring payment arrangements, compliant with PSD2 and SEPA regulations.

Download

Rental Agreement Advance Payment

Dutch-law compliant rental agreement template with advance payment provisions, suitable for both residential and commercial properties in the Netherlands.

Download

Payment Schedule Agreement

A Dutch law-governed agreement establishing structured payment terms and conditions between parties, detailing payment schedules, interest rates, and default provisions.

Download

Non Payment Agreement

A Dutch law agreement documenting terms under which a creditor agrees to temporarily suspend or modify payment obligations from a debtor.

Download

Independent Contractor Payment Agreement

Dutch law-governed agreement establishing payment terms and conditions between a client and independent contractor, ensuring regulatory compliance and clear contractor status.

Download

Down Payment Contract

A Dutch law-governed contract establishing terms for advance partial payment towards purchase of goods or services, including payment schedule and party obligations.

Download

Commitment Letter To Pay Debt

A Dutch law-governed formal letter documenting a debtor's legally binding commitment to pay a specified debt amount to a creditor, including payment terms and conditions.

Download

Arrears Repayment Agreement

Dutch law agreement establishing structured repayment terms for outstanding debt between creditor and debtor.

Download

Advance Payment Contract

Dutch law-governed contract establishing terms and conditions for advance payments, including security measures and refund provisions.

Download

Voluntary Payment Agreement

A Dutch law agreement establishing voluntary payment terms between creditor and debtor for structured debt repayment.

Download

Prepayment Agreement

Dutch law-governed agreement establishing terms and conditions for advance payments, including security arrangements and party obligations.

Download

Payment Undertaking Agreement

A Dutch law-governed agreement establishing a formal commitment to make specified payments under defined conditions.

Download

Payment Guarantee Agreement

A Dutch law-governed agreement where a Guarantor ensures payment obligations of a Principal Debtor to a Beneficiary.

Download

Pay Settlement Agreement

A Dutch law agreement documenting financial settlement terms between employer and employee, typically used in employment termination or dispute resolution.

Download

Partial Rent Payment Agreement

A Dutch law agreement that formalizes arrangements for partial rent payments between landlord and tenant, modifying the original lease's payment terms while maintaining other conditions.

Download

Partial Payment Contract

A Dutch law agreement establishing structured installment payments for settling an existing debt, compliant with the Burgerlijk Wetboek.

Download

Loan Repayment Agreement Between Friends

A Dutch law-governed agreement documenting loan terms and repayment conditions between friends, ensuring legal protection while maintaining the informal nature of the arrangement.

Download

Letter Of Repayment Agreement

A Dutch law-governed document establishing debt repayment terms and conditions between parties, creating legally binding repayment obligations.

Download

Invoicing Agreement

A Dutch law-governed agreement establishing invoicing terms, requirements, and procedures between parties, ensuring compliance with local regulations and tax requirements.

Download

Deferred Payment Contract

A Dutch law-governed contract establishing terms and conditions for delayed or installment payments, including payment schedules, interest, and default provisions.

Download

Deferment Agreement

A Dutch law-governed agreement that formally establishes new payment terms and conditions for existing debt obligations.

Download

Contract For Installment Payments

Dutch law-governed agreement establishing structured installment payments between creditor and debtor, detailing payment terms and obligations.

Download

Car Payment Agreement Between Friends

A Dutch law-governed agreement for private vehicle sale between friends with structured payment terms, incorporating vehicle transfer and payment obligations.

Download

Agreement Letter For Installment Payment

A Dutch law-compliant letter agreement establishing terms for debt repayment through scheduled installments, including payment plan, interest, and default provisions.

Download

Agreement For Installment Payment

A Dutch law-compliant agreement establishing terms for debt repayment through scheduled installment payments.

Download
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it