Contract Agreement Payment Terms Template for New Zealand

1. Early Payment Discounts: Terms for early payment incentives and discount calculations

2. Credit Terms: Specific terms for credit arrangements if applicable

3. International Payment Provisions: Additional terms for international payments including exchange rates and bank charges

4. Security and Guarantees: Requirements for payment security or personal/corporate guarantees

5. Force Majeure: Provisions for payment obligations during extraordinary circumstances

6. Tax Provisions: Detailed tax implications and responsibilities if complex tax arrangements apply

7. Performance Linked Payments: Terms linking payments to performance metrics or milestones

8. Third-Party Payments: Provisions for payments involving third-party processors or beneficiaries

1. Schedule 1 - Payment Schedule: Detailed payment dates, amounts, and installment breakdowns

2. Schedule 2 - Fee Schedule: Comprehensive list of all fees, charges, and their calculations

3. Schedule 3 - Interest Rate Calculations: Detailed methodology for calculating interest on late payments

4. Schedule 4 - Approved Payment Methods: List of approved payment methods and associated processing details

5. Appendix A - Invoice Template: Standard invoice format and required information

6. Appendix B - Bank Details: Banking information for all parties

7. Appendix C - Tax Forms: Required tax documentation and forms

8. Appendix D - Performance Metrics: Detailed metrics for performance-linked payments if applicable