Service Agreement Payment Terms Template for New Zealand

1. Credit Terms: Include when offering credit or installment payment arrangements

2. Performance-Based Payments: Include when payments are tied to specific milestones or KPIs

3. Currency and Exchange: Include for international transactions or multiple currency handling

4. Group Company Billing: Include when dealing with corporate groups or multiple entity billing

5. Tax Compliance: Include detailed tax obligations beyond standard GST for complex service arrangements

6. Security for Payment: Include when requiring guarantees, bonds, or other payment security

7. Early Payment Discounts: Include when offering incentives for early payment

8. Force Majeure: Include specific provisions for payment obligations during unforeseen events

1. Schedule 1 - Fee Schedule: Detailed breakdown of service fees, rates, and charges

2. Schedule 2 - Payment Milestones: Timeline of payment obligations linked to service delivery stages

3. Schedule 3 - Approved Payment Methods: Detailed specifications for each accepted payment method

4. Schedule 4 - Invoice Template: Standard format for invoices including required fields

5. Schedule 5 - Performance Metrics: KPIs or metrics linked to payment conditions if applicable

6. Appendix A - Bank Account Details: Secure document containing payment processing information

7. Appendix B - Special Payment Instructions: Any specific requirements for particular payment scenarios