The Deferred Payment Agreement is designed for use in Australian jurisdictions where parties wish to establish formal terms for delayed or installment-based payment arrangements. This document is particularly relevant in commercial transactions where immediate full payment is not feasible or desirable, requiring a structured payment plan. It addresses key aspects such as payment schedules, interest charges, security arrangements, and default provisions, while ensuring compliance with Australian financial services regulations, including the National Consumer Credit Protection Act 2009 and the Australian Consumer Law. The agreement can be customized for various transaction sizes and types, from business-to-business arrangements to consumer contracts, incorporating appropriate protective measures and compliance requirements based on the specific context of use.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies and defines the parties to the agreement, including their legal names, addresses, and ABN/ACN
2. Background: Sets out the context and purpose of the agreement, including the goods/services being provided and the reason for the deferred payment arrangement
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation principles
4. Payment Terms: Details the total amount owed, payment schedule, installment amounts, and payment methods
5. Interest and Fees: Specifies any interest charges, late payment fees, or administrative costs
6. Payment Default: Defines what constitutes a payment default and the consequences
7. Representations and Warranties: States the promises and assurances made by each party
8. Termination: Outlines circumstances under which the agreement can be terminated and the consequences
9. Dispute Resolution: Describes the process for resolving disputes between parties
10. General Provisions: Contains standard legal clauses including notices, governing law, and entire agreement provisions
1. Security Arrangements: Required when the agreement includes security for the deferred payment, such as personal guarantees or charges over assets
2. Credit Assessment: Include when the agreement requires ongoing credit checks or financial reporting obligations
3. Early Payment Provisions: Add when there are specific terms or discounts for early payment
4. Insurance Requirements: Include when insurance must be maintained over secured assets or against specific risks
5. Special Payment Conditions: Add when there are unique circumstances affecting payment terms, such as seasonal business conditions
6. Third Party Rights: Include when other parties have rights under the agreement, such as guarantors or beneficiaries
7. Privacy and Data Protection: Required when significant personal or financial data will be collected and processed
1. Payment Schedule: Detailed breakdown of payment amounts, dates, and installment structure
2. Fee Schedule: Comprehensive list of all applicable fees, charges, and interest rates
3. Security Details: Description of any security provided, including asset details and registration requirements
4. Direct Debit Authority: Form authorizing automatic payment deductions if applicable
5. Credit Application Form: Contains credit assessment information and financial details of the paying party
6. Guarantee and Indemnity: Required when there is a personal or corporate guarantee for the payments
Relevant legal definitions
Clauses
Relevant Industries
Retail
Manufacturing
Construction
Professional Services
Technology
Financial Services
Healthcare
Education
Wholesale Trade
Agriculture
Mining
Real Estate
Relevant Teams
Legal
Finance
Credit Control
Accounts Receivable
Commercial
Sales
Treasury
Risk Management
Compliance
Operations
Relevant Roles
Chief Financial Officer
Finance Manager
Credit Controller
Accounts Receivable Manager
Commercial Manager
Contract Manager
Legal Counsel
Credit Risk Manager
Sales Manager
Business Development Manager
Treasury Manager
Financial Controller
Collections Manager
Compliance Officer
Find the exact document you need
Unregistered Sale Agreement With Possession
An Australian legal agreement allowing property possession before title transfer, setting out terms and conditions for interim occupation and eventual sale completion.
Download
Consignment Agreement Form
An Australian-law governed agreement establishing terms for consignment sales arrangements, including commission structures and party responsibilities.
Download
Business Lease Agreement
An Australian-law governed agreement establishing terms and conditions for commercial property leasing, including rent, maintenance, and usage rights.
Download
General Tenancy Agreement
An Australian residential lease agreement that establishes the legal framework for property rental, compliant with state tenancy laws.
Download
Residential Lease Agreement Form
An Australian-compliant residential lease agreement template establishing terms and conditions between landlord and tenant for residential property rental.
Download
Written Agreement
An Australian law-compliant Written Agreement establishing legally binding terms between parties, suitable for various business relationships and transactions.
Download
Simple Agreement
An Australian law-compliant Simple Agreement template suitable for various commercial arrangements, featuring essential contract elements and basic protections.
Download
Side Agreement
An Australian law-governed Side Agreement that modifies or supplements an existing primary agreement between parties.
Download
Lease Agreement With Option To Purchase
An Australian law-governed agreement combining property lease terms with a future purchase option, suitable for both residential and commercial properties.
Download
Formal Agreement
Australian law-compliant Formal Agreement template with comprehensive contractual provisions suitable for various commercial relationships.
Download
Casual Worker Contract
An Australian-compliant casual employment contract template establishing terms and conditions for casual workers under the Fair Work Act 2009.
Download
Boilerplate Agreement
An Australian law-compliant template agreement establishing standard terms and conditions for business relationships.
Download
Tooling Agreement
An Australian-law agreement governing the ownership, use, and maintenance of industrial tooling, dies, and specialized equipment between manufacturers and users.
Download
Representation Agreement
An Australian-law governed agreement establishing the terms and conditions under which a representative may act on behalf of a principal.
Download
Provisional Agreement
An Australian-law governed temporary contractual arrangement establishing interim terms and conditions between parties while working towards a permanent agreement or short-term objective.
Download
Preliminary Agreement
An Australian law-governed framework document establishing initial terms and conditions for commercial negotiations, including both binding and non-binding provisions.
Download
Lease With Option To Buy
An Australian agreement combining a property lease with a future purchase option, governed by Australian property law and regulations.
Download
Land Agreement Between Two Parties
An Australian legal agreement governing land transfer or use between two parties, compliant with federal and state property laws.
Download
Common Terms Agreement
An Australian law-governed master agreement establishing standard terms across multiple facility agreements in a syndicated financing arrangement.
Download
Subordination Agreement Mortgage
An Australian law agreement establishing priority arrangements between multiple mortgage holders over the same property, setting out their respective rights and ranking of security interests.
Download
Enforceable Contract
Australian-compliant enforceable contract template suitable for various business relationships, incorporating all essential elements required under Australian contract law.
Download
Basic Contract
A standard Australian-law compliant contract template for establishing basic business agreements between parties.
Download
Prenuptial Agreement
An Australian Binding Financial Agreement (prenuptial agreement) that outlines financial arrangements between prospective spouses under the Family Law Act 1975.
Download
Rental Lease Agreement Form
An Australian-compliant legal document establishing the terms and conditions between landlord and tenant for residential property rental.
Download
Contra Agreement
An Australian legal document governing the exchange of goods or services between parties without monetary payment, compliant with Australian contract law and GST regulations.
Download
Lease Agreement
An Australian lease agreement governing the terms and conditions for property rental, compliant with federal and state property laws.
Download
Contractual Agreement
An Australian law-governed agreement establishing formal business relationships between parties, outlining rights, obligations, and terms of engagement.
Download
Security Agreement Form
An Australian legal document creating a security interest in personal property under the PPSA, detailing terms of security arrangements between secured parties and grantors.
Download
Labour Contract Agreement For Construction Of House
An Australian-compliant labour contract agreement for residential house construction, outlining construction terms, responsibilities, and legal obligations.
Download
Business Cooperation Agreement
An Australian law-governed agreement establishing terms for business cooperation between two or more entities.
Download
Rolling Tenancy Agreement
An Australian periodic residential tenancy agreement that continues indefinitely until terminated by notice from either party, compliant with Australian tenancy laws.
Download
Lodger Agreement
An Australian legal agreement between a property owner/head tenant and a lodger for shared living arrangements, covering room usage, facilities, payments, and house rules.
Download
Consulting Agreement
An Australian-law governed agreement establishing terms and conditions for professional consulting services between a consultant and client.
Download
Intent To Purchase Agreement
An Australian-law governed preliminary agreement outlining the intention to purchase assets, property, or business interests, establishing key transaction terms and conditions.
Download
Head Of Terms Agreement
An Australian-law governed preliminary agreement outlining key commercial terms between parties, serving as a framework for negotiating definitive agreements.
Download
Business Contract
Australian business contract template for commercial relationships, compliant with Australian law and adaptable to various business contexts.
Download
Umbrella Agreement
An Australian law-governed master agreement establishing a framework for ongoing business relationships and future specific agreements between parties.
Download
Share Purchase Agreement
An Australian law-governed agreement documenting the sale and purchase of shares in a company, including price, warranties, and completion mechanics.
Download
Rent To Own Agreement Form
An Australian legal agreement establishing terms for a property rent-to-own arrangement, combining rental terms with a future purchase option.
Download
Consulting Services Agreement
An Australian law agreement governing the provision of professional consulting services, establishing terms, conditions, and obligations between consultant and client.
Download
ұԾ’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; ұԾ’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
.png)