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
Advance Payment Agreement
"Need an Advance Payment Agreement for a construction project in Singapore where we're paying SGD 2.5 million upfront by March 2025, must include bank guarantee requirements and detailed milestone-based refund conditions."
1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the advance payment arrangement
3. Definitions: Key terms used throughout the agreement
4. Payment Terms: Amount, timing, and method of advance payment
5. Purpose of Payment: Specific use and application of the advance payment
6. Security Arrangements: Protections for the advance payment including any guarantees or collateral
7. Refund Conditions: Circumstances and process for refund of the advance payment
8. Default and Remedies: Consequences of default and available remedies
9. Representations and Warranties: Statements of fact and promises made by the parties
10. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction for disputes
1. Interest Provisions: Terms for interest on advance payment if applicable
2. Insurance Requirements: Insurance obligations of parties for high-value advance payments
3. Step-in Rights: Rights to take control in specific circumstances for complex project-related payments
4. Force Majeure: Provisions for unforeseen circumstances affecting performance
5. Assignment and Transfer: Rights and restrictions on transferring rights under the agreement
1. Payment Schedule: Detailed breakdown of payment amounts and timing
2. Bank Guarantee Format: Template for bank guarantee if required as security
3. Project Milestones: Timeline of project deliverables linked to advance payment
4. Security Documents: Forms and details of security being provided for the advance payment
5. Notice Details: Contact information and addresses for formal notices
Authors
Find the exact document you need
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.