Contract For Installment Payments Template for New Zealand

1. Security Interest: Required when the installment payments are secured against specific assets or property

2. Personal Guarantee: Used when a third party guarantees the payment obligations

3. Insurance Requirements: Necessary when the underlying asset needs to be insured during the payment period

4. Early Payment Provisions: Details terms for early repayment, including any applicable discounts or penalties

5. Assignment and Transfer: Include when either party may need to transfer their rights or obligations

6. Dispute Resolution: Detailed dispute resolution procedures beyond standard court jurisdiction

7. Force Majeure: Include for longer-term payment arrangements where external events might affect payment ability

1. Payment Schedule: Detailed breakdown of payment amounts, dates, and running balances

2. Asset Schedule: Description of any assets subject to security interest or related to the payment arrangement

3. Fee Schedule: Comprehensive list of all applicable fees, charges, and interest rates

4. Direct Debit Authority: Standard form for automatic payment setup if applicable

5. Guarantee Form: Standard form of guarantee when personal guarantees are required

6. Credit Check Authorization: Standard form for credit check authorization if required