Cash Payment Agreement Template for England and Wales

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

4.6 / 5

4.8 / 5

Let's create your Cash Payment Agreement

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:

Cash Payment Agreement

"I need a Cash Payment Agreement for a software development project where my company will make quarterly payments of £50,000 to the developer, starting from March 2025, with specific provisions for late payment penalties."

Document background

The Cash Payment Agreement serves as a fundamental document for structuring and formalizing payment obligations between parties under English and Welsh law. This agreement is particularly useful when establishing clear payment terms, schedules, and obligations for significant financial transactions. It includes essential provisions for payment methods, default consequences, and regulatory compliance, while incorporating necessary safeguards against financial risks. The document is commonly used in commercial transactions, asset purchases, and service agreements where structured payment terms are required.

Suggested Sections

1. Parties: Identification and details of all parties to the agreement

2. Background: Context and purpose of the payment agreement

3. Definitions: Key terms used throughout the agreement

4. Payment Terms: Amount, currency, and timing of payments

5. Payment Method: Specified means of payment transfer

6. Default Provisions: Consequences of payment default

7. Governing Law and Jurisdiction: Specification of English and Welsh law as governing law and related jurisdictional provisions

Optional Sections

1. Interest Provisions: Terms for interest on late payments - used when delayed payments may occur

2. Currency Exchange: Terms for handling currency conversion - used for international payments

3. Security Provisions: Security arrangements for payments - used for high-value transactions

4. Force Majeure: Provisions for unexpected events affecting payment - used for long-term payment obligations

5. Anti-Money Laundering Compliance: Specific AML requirements and procedures - used for high-value or regulated transactions

Suggested Schedules

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

2. Schedule 2 - Bank Details: Banking information for all parties

3. Schedule 3 - Security Documents: Details of any security arrangements if applicable

4. Schedule 4 - Compliance Requirements: Anti-money laundering and other regulatory requirements checklist

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

Financial Services
Real Estate
Manufacturing
Professional Services
Retail

Relevant Teams

Finance
Treasury
Legal
Commercial
Compliance

Relevant Roles

Chief Financial Officer
Finance Director
Treasury Manager
Commercial Director
Accounts Payable Manager

How a Sales & Marketing Lead uses Genie AI to reduce contract drafting time by 95%

Let's create your Cash Payment Agreement

Authors

Alex Denne

Find the exact document you need

Single Option Agreement

Simple Stock Option Agreement

Simple Right Of First Refusal Agreement

Repurchase Option Agreement

Purchase Agreement With Payment Plan

Non Exclusive Option Agreement

Mobile Home Lease To Own Contract

Master Leasing Agreement

Master Lease With Option To Purchase

Lease To Own Mortgage

Lease To Own Land Agreement

Lease To Own Business Contract

Lease To Buy Option Homes

Lease And Purchase Agreement

Land Lease Purchase Agreement

Land Buying Agreement

Flex Option Agreement

Flat Buying Agreement

Equipment Lease Agreement With Option To Purchase

Cooperative Lease Option

Contract For Lease To Own

Company Equity Share Agreement

Cash Payment Agreement

Business Lease Purchase Agreement

First Option To Buy Agreement

Assignable Option Agreement

Truck Lease To Own Agreement

Owner Finance Purchase Agreement

Short Term Investment Agreement

Seller Financing Purchase Agreement

Option To Purchase Business Agreement

Commercial Lease With Option To Purchase

Outright Purchase Agreement

Land Option Contract

Right Of First Refusal Agreement

Option To Buy Contract

Download our whitepaper on the future of AI in Legal

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Draft quality legal agreements or review documents in 3 minutes

Templates

Commercial

Employment

IP

Administration

Finance

R&D

Industries

Legal Services

Manufacturing

Construction

Solutions

Use Cases

Company Types

Comparisons

Business Categories

Teams

Information