Billing Agreement

Billing Agreement Template for Denmark

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Billing Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Document background

The Billing Agreement is essential for businesses operating in Denmark that provide recurring services or require regular payment processing arrangements. This contract type is specifically designed to comply with Danish legal requirements and EU regulations, including the Danish Payments Act (Betalingsloven) and GDPR. It establishes the framework for payment terms, processing procedures, and data handling, while addressing key aspects such as electronic invoicing, late payment consequences, and dispute resolution. The Billing Agreement is particularly crucial for businesses implementing subscription models, regular service billing, or automated payment processing systems. It provides legal certainty for both service providers and customers while ensuring compliance with Danish consumer protection laws and financial regulations.

Suggested Sections

1. Parties: Identification of the contracting parties, including full legal names, registration numbers, and addresses

2. Background: Context of the billing relationship and purpose of the agreement

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

4. Scope of Services: Description of the services or products being billed for

5. Billing Terms: Core billing arrangements including frequency, payment methods, and due dates

6. Payment Terms: Details of payment obligations, currency, and processing requirements

7. Late Payment and Interest: Consequences of late payment and applicable interest rates per Danish Interest Rate Act

8. Term and Termination: Duration of the agreement and termination provisions

9. Data Protection: GDPR compliance provisions for handling personal and payment data

10. Confidentiality: Protection of confidential information exchanged during the billing relationship

11. Dispute Resolution: Procedures for handling disputes and applicable jurisdiction under Danish law

12. Governing Law: Specification of Danish law as the governing law

13. Notices: Methods and addresses for formal communications between parties

14. General Provisions: Standard boilerplate clauses including severability and entire agreement

Optional Sections

1. Electronic Invoicing: Specific terms for electronic invoicing when applicable, including technical requirements and standards

2. Credit Terms: Include when credit is being extended as part of the billing arrangement

3. Volume Discounts: Terms for volume-based pricing adjustments when applicable

4. Service Level Agreement: Include when specific service levels are guaranteed for billing services

5. Currency Exchange: Include for international billing arrangements involving multiple currencies

6. Audit Rights: Include for complex billing arrangements requiring audit provisions

7. Force Majeure: Include when needed to address circumstances preventing billing processing

8. Third-Party Payment Processors: Include when external payment processors are involved in the billing arrangement

Suggested Schedules

1. Schedule 1 - Pricing Schedule: Detailed breakdown of prices, rates, and any pricing calculations

2. Schedule 2 - Billing Procedures: Detailed procedures for generating and processing invoices

3. Schedule 3 - Service Level Metrics: Specific performance metrics and standards for billing services

4. Schedule 4 - Technical Requirements: Technical specifications for electronic billing systems and interfaces

5. Schedule 5 - Contact Details: List of key contacts for billing, technical, and administrative matters

6. Appendix A - Invoice Template: Standard format for invoices complying with Danish requirements

7. Appendix B - Data Processing Terms: Detailed GDPR-compliant data processing terms

8. Appendix C - Security Requirements: Security standards and requirements for payment processing

Authors

Relevant legal definitions

Clauses

Relevant Industries

Relevant Teams

Relevant Roles

��������Ƶ

How a Sales & Marketing Lead uses ��������Ƶ to reduce contract drafting time by 95%

Let's create your Billing Agreement

Authors

Find the exact document you need

Monthly Payment Contract

Debt Payment Agreement

Final Payment Agreement

Down Payment Contract

Delayed Payment Agreement

Commission Payment Agreement

Advance Payment Agreement

Prepayment Agreement

Payment Guarantee Agreement

Lease Payment Agreement

Invoicing Agreement

Full Payment Agreement Of Property

Deferred Payment Contract

Contract For Installment Payments

Auto Loan Contract

Promise Of Payment Contract

Debt Repayment Agreement

Full Payment Agreement

Payment Terms Agreement

Repayment Agreement

Payment Contract

Loan Repayment Agreement

Billing Agreement

Download our whitepaper on the future of AI in Legal

�ұ�Ծ���’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Use Cases

��Ƶ

How a Sales & Marketing Lead uses ��Ƶ to reduce contract drafting time by 95%

�ұ�Ծ��’s Security Promise