Paying Agency Agreement Template for Canada

1. Additional Services: Details any additional services beyond basic paying agent duties, used when the agent provides extra services

2. Tax Matters: Specific provisions regarding tax withholding and reporting, included when relevant to the payment structure

3. Electronic Processing: Provisions for electronic payment processing and systems, included when electronic methods are used

4. Foreign Currency Provisions: Specific provisions for handling multiple currencies, included for cross-border payments

5. Sub-Agents: Provisions regarding the appointment and oversight of sub-agents, included when sub-agents may be needed

6. Force Majeure: Specific provisions for handling unforeseen events, included based on risk assessment

7. Business Continuity: Provisions regarding backup procedures and disaster recovery, included for critical payment services

1. Schedule A - Fee Schedule: Detailed breakdown of all fees and charges

2. Schedule B - Payment Procedures: Detailed operational procedures for processing payments

3. Schedule C - Form of Payment Notice: Standard form for payment notifications

4. Schedule D - Authorized Signatories: List of authorized signatories and signature specimens

5. Schedule E - Service Levels: Detailed service level requirements and metrics

6. Appendix 1 - Compliance Requirements: Detailed compliance procedures and requirements

7. Appendix 2 - Required Reports: Templates and specifications for required reports