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1. Parties: Identification of the parties entering into the agreement, including their legal status and registered addresses
2. Background: Context of the agreement, including the purpose of the deferred payment arrangement and any relevant business relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Payment Terms: Detailed structure of the deferred payment, including principal amount, profit/markup rate, payment schedule, and calculation methodology
5. Security Arrangements: Details of any security or collateral provided to secure the deferred payment obligations
6. Representations and Warranties: Standard representations and warranties from both parties regarding their capacity, authority, and financial condition
7. Covenants: Ongoing obligations of the parties during the term of the agreement
8. Events of Default: Circumstances constituting default and consequences thereof
9. Remedies: Available remedies in case of default or breach
10. Term and Termination: Duration of the agreement and circumstances under which it may be terminated
11. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction for dispute resolution
12. Notices: Process and addresses for serving notices under the agreement
13. Miscellaneous: Standard boilerplate provisions including amendments, waivers, severability, and entire agreement
1. Shariah Compliance: Required if the agreement needs to comply with Islamic finance principles, specifying the relevant Shariah structure (e.g., Murabaha) and compliance requirements
2. Insurance: Required if any assets or collateral need to be insured during the agreement term
3. Assignment and Transfer: Include if either party may need to assign or transfer their rights under the agreement
4. Force Majeure: Include for longer-term agreements to address unforeseen circumstances preventing performance
5. Guarantee: Required if a third-party guarantee is part of the security structure
6. Early Payment: Include if early payment options and any associated rebates or discounts are to be allowed
7. Tax Provisions: Required if specific tax implications need to be addressed
8. Regulatory Compliance: Include if specific regulatory requirements need to be addressed beyond standard compliance
1. Payment Schedule: Detailed breakdown of payment installments, dates, and amounts
2. Asset Schedule: Description and details of any assets involved in the transaction
3. Security Details: Detailed description of security or collateral, including valuation and maintenance requirements
4. Calculation Methodology: Detailed explanation of how profit/markup and other charges are calculated
5. Form of Notices: Standard forms for various notices required under the agreement
6. Condition Precedents: List of documents and conditions to be satisfied before the agreement becomes effective
7. Contact Details: Comprehensive contact information for all parties and key personnel
Banking & Finance
Islamic Finance
Manufacturing
Trading & Commerce
Real Estate
Infrastructure
Agriculture
Retail
Technology
Energy
Legal
Finance
Treasury
Credit
Risk Management
Commercial
Procurement
Compliance
Islamic Banking
Operations
Business Development
Account Management
Chief Financial Officer
Finance Manager
Legal Counsel
Treasury Manager
Credit Manager
Risk Manager
Commercial Director
Procurement Manager
Financial Controller
Compliance Officer
Islamic Banking Officer
Contract Administrator
Account Manager
Business Development Manager
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