Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Full And Final Payment Agreement
"I need a Full and Final Payment Agreement to settle a construction dispute with our subcontractor in Riyadh, with a settlement amount of 2.5M SAR to be paid in three installments, with the final payment due by March 15, 2025."
1. Parties: Identification of all parties to the agreement, including full legal names, addresses, and registration details if applicable
2. Background: Context of the underlying obligation, dispute, or circumstances leading to the settlement
3. Definitions: Key terms used throughout the agreement, including 'Settlement Amount', 'Effective Date', and other relevant definitions
4. Settlement Amount: Clear statement of the agreed settlement sum and currency
5. Payment Terms: Detailed payment arrangements including timing, method, and bank details
6. Release and Discharge: Comprehensive release of claims and obligations between the parties upon payment
7. Representations and Warranties: Statements affirming parties' authority to enter agreement and validity of settlement
8. Confidentiality: Obligations regarding confidentiality of the settlement terms
9. Governing Law and Jurisdiction: Confirmation of Saudi Arabian law as governing law and jurisdiction for disputes
10. Entire Agreement: Confirmation that this document represents the complete agreement between parties
11. Execution: Signature blocks and execution requirements compliant with Saudi law
1. Partial Payments: Include when settlement involves installment payments or multiple payment phases
2. Tax Provisions: Include when settlement has tax implications requiring specific handling
3. Third Party Rights: Include when settlement affects rights of parties not directly involved in agreement
4. Non-Admission of Liability: Include when party wishes to explicitly state settlement doesn't constitute admission of liability
5. Return of Documents: Include when settlement requires exchange or destruction of specific documents
6. Non-Disparagement: Include when parties agree not to make negative statements about each other
7. Shariah Compliance Declaration: Include when explicitly required to confirm compliance with Islamic principles
1. Payment Schedule: Detailed breakdown of payment amounts and dates if involving multiple payments
2. Original Contract/Claim Details: Summary or copy of original agreement or claim being settled
3. Release Documentation: Forms and documents evidencing release of claims
4. Bank Details: Separate schedule for detailed banking information for payment
5. Power of Attorney: If applicable, documentation showing authority to sign
6. Outstanding Claims List: Detailed list of all claims being settled and released
Authors
Effective Date
Settlement Amount
Original Obligation
Payment Date
Business Day
Claim
Confidential Information
Dispute
Encumbrance
Event of Default
Governing Law
Liability
Outstanding Amount
Parties
Payment Method
Release Date
Related Parties
Representatives
Settlement Payment
Shariah Compliant
Supporting Documents
Tax
Working Hours
Writing
Bank Account
Authorised Signatory
Force Majeure
Material Adverse Effect
Warranties
Definitions
Payment Terms
Settlement Amount
Release and Discharge
Payment Mechanics
Conditions Precedent
Representations and Warranties
Confidentiality
No Admission of Liability
Further Assurance
Assignment
Notices
Severability
Amendment
Waiver
Costs
Counterparts
Third Party Rights
Force Majeure
Governing Law
Jurisdiction
Dispute Resolution
Entire Agreement
Shariah Compliance
Language
Electronic Execution
Time of Essence
Non-Disparagement
Indemnification
Banking & Financial Services
Construction & Real Estate
Manufacturing
Trading & Commercial
Professional Services
Healthcare
Technology
Energy & Resources
Transportation & Logistics
Retail & Consumer Goods
Legal
Finance
Treasury
Compliance
Risk Management
Commercial Operations
Credit Control
Collections
Corporate Governance
Executive Management
Legal Counsel
Chief Financial Officer
Finance Manager
Commercial Director
Compliance Officer
Risk Manager
Treasury Manager
Accounts Receivable Manager
Accounts Payable Manager
Contract Administrator
Company Secretary
Settlement Officer
Credit Controller
Collections Manager
Chief Legal Officer
Managing Director
Find the exact document you need
Installment Plan Contract
A Saudi Arabian law-governed agreement for installment-based purchases, compliant with Sharia principles and Saudi commercial regulations.
Vehicle Payment Agreement
A Sharia-compliant agreement under Saudi Arabian law governing vehicle purchase terms, payment schedules, and ownership transfer conditions.
Contract Agreement Payment Terms
A Saudi law-governed agreement establishing payment terms and conditions between parties, structured to comply with local commercial law and Sharia principles.
Rent Payment Contract
A Saudi Arabian law-compliant agreement establishing rent payment terms and conditions between landlord and tenant, including payment schedules and enforcement mechanisms.
Paid Agreement
A Saudi law-governed commercial agreement establishing payment terms and obligations between parties, compliant with Sharia principles.
Auto Payment Contract
A Saudi Arabian law-governed agreement establishing automated payment arrangements between service providers and customers, compliant with local banking regulations and Sharia law.
Advance Payment Agreement Letter
A Saudi law-governed formal letter establishing terms and conditions for advance payments, ensuring compliance with local regulations and Sharia principles.
Contract For Repayment Of Money
A Sharia-compliant money repayment agreement under Saudi Arabian law, establishing terms for loan repayment and enforcement.
Personal Loan Repayment Agreement
A Sharia-compliant personal loan repayment agreement under Saudi Arabian law, establishing terms and conditions for loan repayment while ensuring compliance with Islamic banking principles.
Payment Schedule Agreement
A Saudi Arabian law-governed agreement establishing structured payment terms and schedules between parties, compliant with local regulations and Shariah principles.
Loan Repayment Agreement Letter
A Sharia-compliant loan repayment agreement letter under Saudi Arabian law, detailing repayment terms and conditions between lender and borrower.
Lot Payment Agreement
A Saudi Arabian legal agreement governing the payment terms and conditions for land lot purchases, compliant with local laws and Sharia principles.
Down Payment Contract
A Shariah-compliant contract under Saudi Arabian law governing down payment terms and conditions in commercial transactions.
Credit Payment Agreement Letter
A Shariah-compliant credit payment agreement letter under Saudi Arabian law, documenting credit terms and payment obligations in accordance with Islamic finance principles and SAMA regulations.
Commission Payment Agreement
A Saudi Arabian law-governed agreement establishing commission payment terms, calculation methods, and parties' obligations in compliance with local regulations and Sharia principles.
Advance Payment Contract
A Saudi Arabian law-governed contract establishing terms and conditions for advance payment arrangements, including necessary guarantees and Sharia-compliant payment provisions.
Advance Payment Agreement
A Saudi law-governed agreement establishing terms for advance payments, including security arrangements and Sharia-compliant recovery mechanisms.
Simple Note Payable Agreement
A Sharia-compliant promissory note agreement under Saudi Arabian law documenting a legally binding promise to pay a specified sum under defined terms.
Rental Payment Agreement Letter
A Saudi Arabian law-governed document that formalizes rental payment arrangements between landlord and tenant, detailing payment terms and schedules.
Promise To Pay Agreement Letter
A Sharia-compliant written commitment under Saudi law where a debtor formally promises to pay a specified amount to a creditor.
Payout Agreement
A Saudi law-governed agreement establishing payment terms and obligations between parties, compliant with Sharia principles and local regulations.
Payment Received Agreement Letter
A formal document under Saudi Arabian law acknowledging receipt of payment, serving as legal proof of transaction completion while adhering to local commercial regulations and Sharia principles.
Pay Settlement Agreement
A Saudi Arabian legal document that formalizes the settlement of payment obligations between employer and employee, ensuring compliance with local labor laws and Sharia principles.
Partnership Payment Agreement
A Saudi Arabian law-governed agreement establishing payment terms and financial arrangements between partnership entities, aligned with local regulations and Shariah principles.
Partial Payment Contract
A Saudi Arabian law-governed agreement establishing terms for structured partial payments, compliant with both commercial and Sharia law requirements.
Part Payment Sale Agreement
A Saudi Arabian law-governed agreement for installment-based sales transactions, structured to comply with Sharia law principles.
Letter Of Repayment Agreement
A Sharia-compliant debt repayment agreement under Saudi Arabian law that establishes terms and schedules for debt settlement between parties.
Joint Payment Agreement
A Saudi law-governed agreement establishing shared payment obligations between multiple parties, compliant with Sharia principles and local regulations.
Invoicing Agreement
A Saudi Arabian law-governed agreement establishing terms and procedures for invoicing relationships, including e-invoicing compliance and VAT requirements.
House Payment Agreement
A Shariah-compliant agreement under Saudi Arabian law establishing terms and schedule for residential property payment installments.
Entrusted Payment Agreement
A Sharia-compliant agreement under Saudi Arabian law governing entrusted payment arrangements between parties, including payment mechanisms and compliance requirements.
Down Payment Agreement
A Saudi Arabian law-governed agreement that establishes the terms and conditions for a down payment, ensuring compliance with both civil and Sharia law requirements.
Deferred Sale Agreement
A Sharia-compliant Deferred Sale Agreement under Saudi Arabian law, enabling asset sales with deferred payment terms while ensuring compliance with Islamic finance principles.
Deferred Payment Contract
A Shariah-compliant agreement under Saudi Arabian law enabling deferred payment for goods or services, structured to avoid interest while ensuring legal enforceability.
Deferment Agreement
A Saudi Arabian law-governed agreement that restructures payment obligations in compliance with Sharia and commercial law principles.
Contract For Vehicle Sale With Payments
A Shariah-compliant vehicle sale agreement with payment terms for use in Saudi Arabia, meeting local regulatory and Islamic finance requirements.
Contract For Installment Payments
A Sharia-compliant installment payment agreement under Saudi Arabian law, enabling structured periodic payments for purchases while ensuring compliance with local regulations and Islamic financial principles.
Cash Payment Contract
A Sharia-compliant cash payment contract under Saudi Arabian law, establishing terms and conditions for cash transactions between parties.
Car Purchase Installment Agreement
A Sharia-compliant vehicle purchase installment agreement under Saudi Arabian law, detailing terms of sale, payment schedule, and ownership transfer conditions.
Car Installment Agreement
A Sharia-compliant vehicle installment purchase agreement under Saudi Arabian law, structuring the terms and conditions for vehicle financing through periodic payments.
Royalty Investment Agreement
A Saudi Arabian law-governed agreement establishing terms for royalty-based investments, compliant with local regulations and Sharia principles.
Auto Loan Agreement
A Shariah-compliant vehicle financing agreement under Saudi Arabian law establishing terms and conditions for auto loans between financial institutions and borrowers.
Vehicle Sales Agreement Payment Plan
A Saudi Arabian law-governed agreement for vehicle sales with installment payments, incorporating Sharia-compliant financing principles.
Simple Promise To Pay Agreement
A Shariah-compliant Promise to Pay Agreement under Saudi Arabian law that documents a debtor's commitment to repay a specified sum to a creditor.
Layaway Agreement
A Sharia-compliant layaway purchase agreement under Saudi Arabian law, establishing terms for installment payments and item storage until full payment completion.
Land Installment Agreement
A Saudi Arabian legal agreement for the sale of property through installment payments, compliant with both Shariah and local real estate laws.
Full And Final Payment Agreement
A Saudi law-governed agreement that documents final settlement terms and complete discharge of financial obligations between parties, compliant with Sharia principles.
Repayment Contract Agreement
A Sharia-compliant repayment agreement under Saudi Arabian law establishing terms for debt settlement between parties.
Rent Payment Agreement
A Saudi Arabian law-compliant agreement establishing rental payment terms and conditions between landlord and tenant, including payment schedules and obligations.
Payment Schedule Contract
A Sharia-compliant payment schedule agreement under Saudi Arabian law that establishes and regulates periodic payments between parties while ensuring adherence to local regulations and Islamic principles.
Car Payment Contract
A Sharia-compliant car payment contract under Saudi Arabian law, establishing terms for vehicle financing and ownership transfer.
Letter Of Agreement For Payment Of Debt
A Sharia-compliant debt payment agreement document under Saudi Arabian law that formalizes debt acknowledgment and payment terms between parties.
Debt Repayment Agreement
A Sharia-compliant debt repayment agreement under Saudi Arabian law that structures debt settlement terms between creditor and debtor.
Full Payment Agreement
A Sharia-compliant agreement under Saudi Arabian law establishing terms and conditions for full payment obligations between parties.
Promise To Pay Agreement
A Sharia-compliant debt acknowledgment and payment commitment agreement under Saudi Arabian law, documenting debt obligations and payment terms.
Payment Terms Agreement
A Sharia-compliant agreement under Saudi law establishing payment terms and conditions between parties, including payment schedules, methods, and dispute resolution.
Paying Agency Agreement
A Saudi Arabian law-governed agreement establishing payment processing arrangements between a principal and a paying agent, compliant with Sharia law and SAMA regulations.
Installment Sale Agreement
A Saudi Arabian law-governed agreement for the sale of goods with payment in installments, structured to comply with Sharia principles and local regulations.
Download our whitepaper on the future of AI in Legal
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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.