Partial Payment Contract Template for United Arab Emirates

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

4.6 / 5

4.8 / 5

Let's create your Partial Payment Contract

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:

Partial Payment Contract

I need a Partial Payment Contract for the purchase of industrial machinery worth AED 2.5 million, with 30% upfront payment and the remaining amount to be paid in quarterly installments throughout 2025, including provisions for performance guarantees and quality inspections.

Document background

The Partial Payment Contract is a crucial document used in UAE business transactions where goods, services, or projects are paid for in installments or against specific milestones. This contract type is particularly relevant in the UAE's dynamic business environment, where complex commercial transactions often require structured payment arrangements. The document ensures compliance with UAE Federal Law No. 5 of 1985 (Civil Code) and Federal Law No. 18 of 1993 (Commercial Code), while incorporating Sharia-compliant payment terms. It is commonly used in construction projects, large-scale purchases, and service agreements where full upfront payment is not practical or desired. The contract includes essential provisions for payment security, default remedies, and dispute resolution mechanisms specific to UAE jurisdiction.

Suggested Sections

1. Parties: Identification and details of all contracting parties

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the contract

4. Subject Matter: Clear description of goods/services being contracted for

5. Total Contract Value: Statement of the full contract price and payment breakdown

6. Payment Terms: Detailed structure of partial payments including amounts, dates, and methods

7. Payment Conditions: Conditions precedent for each payment installment

8. Default and Remedies: Consequences and procedures in case of payment default

9. Security: Required security deposits, guarantees, or collateral

10. Obligations of the Parties: Detailed responsibilities of each party

11. Term and Termination: Duration of contract and termination provisions

12. Dispute Resolution: Procedures for handling disputes under UAE law

13. Governing Law: Specification of UAE law as governing law

14. Notices: Communication procedures between parties

15. General Provisions: Standard boilerplate clauses required under UAE law

Optional Sections

1. Force Majeure: Include when specific events might affect payment capability

2. Interest Provisions: Include if Sharia-compliant profit rates apply to late payments

3. Third Party Rights: Include when payment obligations involve guarantors or third parties

4. Insurance: Include when insurance is required to secure payment obligations

5. Confidentiality: Include when payment terms contain sensitive commercial information

6. Assignment: Include when rights to receive payments may be transferred

7. VAT and Taxation: Include when tax implications affect payment structure

Suggested Schedules

1. Payment Schedule: Detailed breakdown of payment amounts and due dates

2. Technical Specifications: Details of goods/services linked to payment milestones

3. Form of Payment Notice: Template for payment requests and notifications

4. Security Documentation: Forms of guarantee or security instruments

5. Milestone Completion Criteria: Criteria for triggering payment obligations

6. Contact Details: List of authorized representatives for payment matters

7. Default Notice Templates: Standard forms for default notifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Construction

Real Estate

Manufacturing

Retail

Wholesale Trade

Technology Services

Professional Services

Industrial Equipment

Automotive

Consumer Goods

Infrastructure Development

Energy

Healthcare

Education

Hospitality

Relevant Teams

Legal

Finance

Procurement

Commercial

Operations

Sales

Risk Management

Treasury

Credit Control

Contract Administration

Project Management

Business Development

Relevant Roles

Chief Financial Officer

Finance Director

Commercial Manager

Contract Manager

Procurement Manager

Project Manager

Legal Counsel

Business Development Manager

Account Manager

Treasury Manager

Credit Controller

Financial Controller

Risk Manager

Operations Director

Sales Manager

Find the exact document you need

Rental Agreement Payment Terms

UAE-compliant rental agreement payment terms document specifying rent payment conditions, methods, and obligations under UAE Federal and Emirates law.

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Partial Payment Contract

Authors

Alex Denne

Find the exact document you need

Rental Agreement Payment Terms

Payment Agreement For Services Rendered

Lease Agreement Payment Terms

Instalment Purchase Agreement

Fee Payment Agreement

Collection Payment Agreement Letter

Car Damage Payment Agreement

Agreement Letter For Payment Of Land

Agreement For Advance Payment For Purchase Of Land

Agreement For Advance Payment For Purchase Of Flat

Advance Payment Agreement Letter

Accident Payment Agreement

Money Owed Contract Agreement

Employee Repayment Agreement

Payment Takeover Contract

Settlement Agreement Payment

Letter Of Agreement For Payment Of Lot

Pay Back Agreement

Promise To Pay Loan Agreement

Freelance Payment Contract

Rental Agreement Advance Payment

Personal Loan Repayment Agreement

Payment Schedule Agreement

Pay Off Agreement

Partial Payment Agreement For House And Lot

Lot Payment Agreement

Install Agreement

Final Payment Agreement

Down Payment Contract

Delayed Payment Agreement

Advance Payment Contract

Advance Payment Agreement

Third Party Payment Contract

Sale Payment Agreement

Royalty Contract

Rental Payment Agreement Letter

Promise To Pay Agreement Letter

Prepayment Agreement

Payment Release Agreement

Partial Payment Contract

Part Payment Sale Agreement

Loan Repayment Agreement Employee

Loan Repayment Agreement Between Friends

Joint Payment Agreement

Invoicing Agreement

Full Payment Agreement Of Property

Final Payment Agreement Letter

Down Payment Agreement For House

Down Payment Agreement For Car

Deferred Sale Agreement

Deferred Payment Contract

Deferment Agreement

Debt Acknowledgement And Repayment Agreement

Contract For Installment Payments

Cash Payment Contract

Car Payment Agreement Between Friends

Car Down Payment Contract

Auto Loan Contract

Agreement To Pay Rent

Agreement Letter To Pay For Damages

Agreement Letter For Partial Payment

Agreement Letter For Installment Payment

Release Of Payment Agreement

Agreement To Pay Back Money

Agreement To Pay Letter

Agreement Letter For Down Payment

Consultant Payment Agreement

Car Payment Plan Contract

Auto Payment Agreement

Purchase Agreement With Payments

Auto Sale Contract With Payments

Layaway Agreement

Land Installment Agreement

Rent Payment Agreement

Car Sale Payment Agreement