Create a bespoke document in minutes, Â 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
Partial Payment Agreement Form
"I need a Partial Payment Agreement Form for a £50,000 business debt to be paid in monthly installments of £2,500 starting from March 2025, with a 5% interest rate and default provisions if payments are missed."
1. Parties: Identifies and defines the parties to the agreement - the creditor and debtor
2. Background: Explains the context of the original debt and reason for partial payment arrangement
3. Definitions: Defines key terms used throughout the agreement including Original Debt, Payment Schedule, Default
4. Original Debt Amount: States the original amount owed and acknowledges the debt
5. Payment Terms: Details of the agreed payment schedule, amounts, and payment methods
6. Default Provisions: Sets out consequences of missing payments and remedies available
7. Governing Law: Confirms jurisdiction as England and Wales and applicable law
1. Interest Provisions: Terms regarding any interest charges on the outstanding amount
2. Security: Details of any collateral or guarantees securing the debt
3. Early Payment Provisions: Terms and conditions for early settlement of the debt
4. Consumer Rights: Additional protections if the debtor is a consumer under Consumer Credit Act
1. Schedule 1 - Payment Schedule: Detailed breakdown of payment dates and amounts
2. Schedule 2 - Original Debt Documentation: Copy or summary of the original debt agreement
3. Schedule 3 - Direct Debit Mandate: Form for setting up automated payments if applicable
4. Schedule 4 - Notice of Cancellation: Required for consumer agreements - statutory cancellation rights
Authors
Find the exact document you need
Online Payment Agreement
An agreement under English and Welsh law establishing terms for online payment processing between service providers and merchants.
Lot Installment Agreement
An English law agreement governing the purchase of land through installment payments, setting out payment terms and title transfer conditions.
Agreement To Pay Debt In Installments
An English law agreement that structures the repayment of an existing debt through scheduled installments.
Staggered Payment Agreement
A legal agreement under English and Welsh law establishing terms for structured payments over time.
Partial Payment Agreement Form
A legally binding document under English and Welsh law that establishes terms for paying an existing debt through scheduled installments.
Monthly Payment Agreement
A legally binding agreement under English and Welsh law that establishes terms for regular monthly payments between parties.
Installment Payment Contract
A contract governed by English and Welsh law that structures regular payments over time for goods, services, or debt repayment.
Partial Payment Installment Agreement
A legally binding agreement under English and Welsh law that establishes terms for debt repayment through regular installments.
Installment Sale Contract
A contract governed by English and Welsh law enabling the purchase of goods through scheduled installment payments.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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 for more details and real-time security updates.
Read our Privacy Policy.