Payment Plan Agreement (Short Form) | Practical Law

Payment Plan Agreement (Short Form) | Practical Law

A short-form payment plan agreement for overdue payment obligations between a manufacturer, seller, reseller, or distributor (supplier) that has already delivered the goods, and a buyer (customer) that is experiencing cash flow issues but is not insolvent. This Standard Document has integrated drafting notes with important explanations and negotiating tips.

Payment Plan Agreement (Short Form)

Practical Law Canada Standard Document w-025-5759 (Approx. 17 pages)

Payment Plan Agreement (Short Form)

by Practical Law Canada Commercial Transactions
MaintainedCanada (Common Law)
A short-form payment plan agreement for overdue payment obligations between a manufacturer, seller, reseller, or distributor (supplier) that has already delivered the goods, and a buyer (customer) that is experiencing cash flow issues but is not insolvent. This Standard Document has integrated drafting notes with important explanations and negotiating tips.