The Payment Plan Agreement Contract is a vital legal instrument used in Danish business and financial transactions when parties need to establish a structured approach to debt repayment. This document becomes necessary when a debtor requires an extended period to fulfill financial obligations, whether in business-to-business transactions, consumer contexts, or commercial arrangements. The agreement typically follows Danish contract law and financial regulations, incorporating essential elements such as payment schedules, interest calculations, and default provisions. It's particularly relevant in situations involving significant purchases, service contracts, or debt restructuring, where the original payment terms need modification. The document serves both parties by providing legal certainty and clear expectations while ensuring compliance with Danish legal requirements regarding payment terms, interest rates, and debt collection practices.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
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:
Payment Plan Agreement Contract
I need a Payment Plan Agreement Contract under Danish law for a B2B software implementation project worth 500,000 DKK, to be paid in monthly installments over 24 months starting March 2025, with an early payment discount option.
1. Parties: Identification and details of all parties to the agreement, including full legal names, addresses, and registration numbers if applicable
2. Background: Context of the agreement, including the original debt or obligation and the reason for establishing a payment plan
3. Definitions: Clear definitions of key terms used throughout the agreement
4. Payment Terms: Detailed description of the total amount owed, payment schedule, installment amounts, and payment methods
5. Interest and Fees: Specification of any applicable interest rates and additional fees, in compliance with Danish Interest Act
6. Payment Schedule: Specific dates or intervals for payments and the amount of each installment
7. Default and Remedies: Consequences of missed payments and remedies available to the creditor
8. Representations and Warranties: Statements of fact and promises made by both parties regarding their capacity and authority to enter into the agreement
9. Governing Law: Specification that Danish law governs the agreement and jurisdiction for disputes
10. Signatures: Execution block for all parties to sign, including date and place of signing
1. Early Payment Provisions: Terms for early repayment of the debt, including any applicable discounts or penalties
2. Collateral: Details of any security or collateral provided to secure the payment plan, used when the agreement is secured
3. Insurance Requirements: Any insurance requirements related to collateral or payment protection, included when relevant to the security of payments
4. Third-Party Guarantees: Terms related to any guarantors or third-party assurances, included when there are guarantors
5. Modification Procedures: Process for modifying the payment plan in case of changed circumstances
6. Force Majeure: Provisions for unforeseen circumstances that may affect payment ability
7. Privacy and Data Protection: Terms regarding handling of personal data, required when personal data is processed
8. Reporting Requirements: Any ongoing financial reporting obligations of the debtor, included for larger payment plans
1. Schedule A - Payment Schedule: Detailed breakdown of payment dates, amounts, and running balance
2. Schedule B - Calculation of Interest: Methodology and examples of interest calculations if applicable
3. Schedule C - Contact Details: Comprehensive contact information for all parties and relevant points of contact
4. Appendix 1 - Original Debt Documentation: Copy or summary of the original debt or obligation documentation
5. Appendix 2 - Payment Methods: Detailed instructions for making payments, including bank account details or other payment methods
6. Appendix 3 - Collateral Documentation: Details and documentation of any collateral (if applicable)
Authors
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Retail
Manufacturing
Professional Services
Construction
Healthcare
Education
Real Estate
Technology
Telecommunications
Utilities
Wholesale Trade
Consumer Goods
Business Services
Relevant Teams
Legal
Finance
Accounts Receivable
Credit Control
Treasury
Risk Management
Collections
Compliance
Customer Service
Contract Administration
Relevant Roles
Credit Manager
Financial Controller
Accounts Receivable Manager
Collections Specialist
Finance Director
Legal Counsel
Contract Administrator
Risk Manager
Treasury Manager
Debt Recovery Officer
Account Manager
Financial Analyst
Business Development Manager
Corporate Lawyer
Compliance Officer
Find the exact document you need
Simple Building Contract
Danish law-governed construction agreement for moderate-complexity building projects, incorporating AB 18 principles and local construction regulations.
find out more
Contract For Independent Consultant
Danish law-governed agreement establishing terms and conditions between a company and an independent consultant, ensuring compliance with local contractor regulations.
find out more
Building Construction Labour Contract Agreement
Danish law-compliant employment agreement for construction workers, establishing terms and conditions for building industry employment.
find out more
Standard Independent Contractor Contract
Danish law-compliant contract establishing terms and conditions between a company and independent contractor, including service scope, payments, and legal obligations.
find out more
Independent Driver Agreement
Danish law-compliant agreement establishing the relationship between a company and an independent driver contractor, covering service terms, compensation, and operational requirements.
find out more
Indemnity Agreement (Construction)
A Danish law-governed agreement establishing construction project indemnification obligations, risk allocation, and claim procedures in compliance with Danish construction regulations.
find out more
Indemnification Agreement (Construction)
A Danish law-governed agreement establishing construction-related indemnification obligations between parties, typically covering construction defects, safety, and liability matters.
find out more
Exclusive Subcontractor Agreement
A Danish law-governed agreement establishing exclusive subcontracting terms between a main contractor and subcontractor.
find out more
Subcontractor To Subcontractor Agreement
Danish law-governed agreement between two subcontractors for the delegation of contracted work, establishing terms, responsibilities, and performance requirements.
find out more
Sole Trader Contract
Danish law-governed contract establishing terms between a company and a sole trader, defining service scope, payments, and independent contractor status.
find out more
Painting Contract Agreement
A Danish law-governed agreement between a painting contractor and client establishing terms for painting services, including scope, timeline, and payment terms.
find out more
NDA For Subcontractors
Danish law-compliant non-disclosure agreement for subcontractor relationships, ensuring protection of confidential information under Danish and EU regulations.
find out more
Framework Agreement Contract
Danish law-governed Framework Agreement establishing master terms for ongoing business relationships and future transactions.
find out more
Contract Between Owner And Architect
Danish law agreement establishing terms and conditions between a property owner and architect for professional architectural services.
find out more
Confidentiality Agreement For Contractors
Danish law-governed confidentiality agreement protecting company information in contractor relationships.
find out more
Agreement For Construction Of House With Material
Danish law-governed agreement for residential property construction including materials supply, conforming to Danish Construction Act and BR18 regulations.
find out more
Contract Agreement Between Owner And Contractor
Danish law-governed construction agreement between owner and contractor, setting terms for construction project execution and management.
find out more
Owner's Representative Agreement
Danish law agreement appointing an owner's representative for construction/development projects, defining their authority and responsibilities.
find out more
Insurance Agent Independent Contractor Agreement
Danish law-governed agreement establishing the independent contractor relationship between an insurance company and agent, including regulatory compliance and operational terms.
find out more
Model Form Contract
A standardized contract template compliant with Danish law, designed for commercial agreements in Denmark.
find out more
Profit Sharing Agreement Independent Contractor
Danish law-governed agreement establishing profit sharing terms between a company and an independent contractor, including calculation methods and payment terms.
find out more
Loan Officer Independent Contractor Agreement
Danish law-governed agreement establishing terms between a financial institution and an independent loan officer contractor, covering operational and compliance requirements.
find out more
Job Agreement Contract
A Danish-law governed employment agreement establishing the terms and conditions of employment between an employer and employee in compliance with Danish employment legislation.
find out more
House Demolition Contract
A Danish law-governed contract for residential property demolition works, outlining contractor and owner obligations, safety requirements, and environmental compliance.
find out more
Agreement Contract Between Employer And Employees
A Danish law-compliant employment agreement establishing terms and conditions between employer and employee in Denmark.
find out more
Subcontractor Framework Agreement
Danish law-governed framework agreement establishing terms for ongoing subcontractor engagement and work order execution.
find out more
Software Subcontractor Agreement
Danish law-governed agreement establishing terms for software development subcontracting services, including IP rights, GDPR compliance, and development specifications.
find out more
Real Estate Agent Agreement Contract
A Danish law-governed agreement between property owner and real estate agent establishing terms for property sale services and commission.
find out more
Marketing Contractor Agreement
Danish law-governed agreement between a company and independent marketing contractor, defining service scope, terms, and compliance requirements.
find out more
Independent Contractor Agreement For Transportation Services
A Danish law-governed agreement establishing terms and conditions between a company and an independent transportation service contractor.
find out more
Civil Agreement Contract
A Danish law-governed contract that formalizes civil agreements between parties, structured according to Danish legal requirements and standards.
find out more
Salon Agreement Contract
A Danish law-governed agreement establishing the business relationship between salon owners and beauty professionals, covering operational, financial, and regulatory requirements.
find out more
Owner Agreement Contract
A Danish law-governed agreement establishing rights, obligations, and relationships between company owners, including governance and share transfer provisions.
find out more
Legal Agreement Contract
A Danish law-governed legal agreement establishing binding terms and conditions between parties, compliant with Danish contract law and EU regulations.
find out more
House Painting Contract
Danish law-compliant contract template for professional painting services, establishing terms between contractors and property owners.
find out more
House Construction Agreement Between Owner Contractor
A Danish law-governed agreement between property owner and contractor for house construction, incorporating AB 18 conditions and local building regulations.
find out more
Contract For Work To Be Done
Danish law-governed agreement specifying terms and conditions for contracted work, including scope, payments, and obligations.
find out more
Contract For Self Employed
Danish law-compliant contract template for establishing a business relationship between a client company and a self-employed contractor.
find out more
Model Agreement Contract
A template agreement framework under Danish law providing a standardized foundation for business relationships, adaptable to various commercial arrangements.
find out more
Basic Building Contract
Danish law-governed construction agreement establishing core rights and obligations between employer and contractor for building projects.
find out more
Subcontractor Non Compete Agreement
A Danish law-compliant non-compete agreement for subcontractor relationships, including mandatory compensation and protective provisions.
find out more
Project Manager Contract Agreement
Danish law-compliant employment agreement template for project managers, outlining terms, conditions, and responsibilities.
find out more
Subcontractor Cleaning Contract
Danish law-governed agreement establishing terms for subcontracted cleaning services, including operational, financial, and compliance requirements.
find out more
Staffing Agreement Contract
Danish law-governed agreement between a staffing agency and client company for temporary worker provision, ensuring compliance with Danish employment legislation.
find out more
Roofing Subcontractor Agreement
Danish law agreement between main contractor and roofing subcontractor for specialized roofing works, including safety, quality, and liability provisions.
find out more
Real Estate Agreement Contract
A Danish law-governed agreement for the sale and purchase of real estate property, establishing terms and conditions for property transfer in Denmark.
find out more
General Service Contract
Danish law-governed agreement establishing terms and conditions for service provision between provider and customer, ensuring compliance with Danish legal requirements.
find out more
Liability Agreement Contract
A Danish law-governed agreement that defines and allocates liability and risk between contracting parties, establishing clear boundaries of legal responsibility.
find out more
Electrical Contractor Contract
Danish law-governed contract for electrical contracting services, defining work scope, safety requirements, and commercial terms under Danish regulations.
find out more
Agency Contractor Agreement
Danish-law governed agreement establishing terms between a principal and independent agent, defining representation rights, duties, and compensation structure.
find out more
Independent Consultant Contract
Danish law-governed agreement establishing terms and conditions between a company and an independent consultant, ensuring proper contractor classification and compliance.
find out more
Work Order Contract
A Danish law-governed agreement specifying terms and conditions for defined work or services, establishing deliverables, timelines, and commercial terms.
find out more
Product Agreement Contract
Danish law-governed agreement establishing terms for product supply, purchase, or distribution, incorporating Danish and EU regulatory requirements.
find out more
International Independent Contractor Agreement
Danish law-governed agreement establishing terms between a company and an international independent contractor.
find out more
Independent Consultant Agreement
Danish law-governed agreement establishing terms between a company and independent consultant, covering services, compensation, and obligations.
find out more
Outsourcing Contract Agreement
Danish law-governed agreement regulating outsourced services between a service provider and customer, including service levels and compliance requirements.
find out more
Software Contractor Agreement
Danish law-governed agreement establishing terms for software development services between a contractor and client.
find out more
Settlement Agreement Contract
A Danish law-governed agreement that documents the terms and conditions for resolving disputes between parties, providing a legally binding settlement of all related claims.
find out more
Joint Venture Construction Agreement
Danish law-governed agreement establishing a joint venture between parties for construction projects, incorporating Danish construction standards and regulations.
find out more
Contractor Employment Agreement
Danish law-governed agreement establishing terms and conditions between a company and independent contractor, defining service delivery and contractor status.
find out more
Remodeling Contractor Agreement
Danish law-compliant agreement between a renovation contractor and property owner/manager establishing terms for remodeling works.
find out more
Payment Plan Agreement Contract
A Danish law-governed agreement establishing structured repayment terms between creditor and debtor through scheduled installments.
find out more
General Construction Agreement
Danish law-governed construction agreement setting out terms and conditions for building works between client and contractor.
find out more
Non Disclosure Agreement For Contractors
Danish-law compliant Non-Disclosure Agreement for protecting company confidential information in contractor relationships.
find out more
Partner Agreement Contract
A Danish law-governed agreement establishing terms and conditions for business partnerships, defining roles, responsibilities, and mutual obligations between partners.
find out more
Subcontractor Agreement
Danish law-governed agreement between main contractor and subcontractor defining services, obligations, and commercial terms under Danish jurisdiction.
find out more
Private Contract
Danish law-compliant private contract template for establishing legally binding agreements between private parties, incorporating essential elements required by Danish legislation.
find out more
Independent Contractor Consulting Agreement
Danish law-governed agreement establishing terms and conditions between a company and an independent consultant, defining service scope, payment terms, and contractual obligations.
find out more
Independent Contractor Agreement
Danish law-governed agreement establishing terms and conditions between a company and an independent contractor, ensuring compliance with local regulations while defining service scope and obligations.
find out more
General Contractor Contract
Danish law-governed construction agreement between an Employer and General Contractor, aligned with AB 18, for managing construction projects in Denmark.
find out more
Construction Contract Agreement
Danish law-governed construction agreement establishing terms between employer and contractor, incorporating AB 18 guidelines and local construction regulations.
find out more
Construction Agreement
A legally binding construction contract under Danish law, based on AB 18 framework, governing the relationship between client and contractor for construction works.
find out more
Business Agreement Contract
A Danish law-governed business agreement contract establishing commercial relationships between business entities, incorporating key Danish legal requirements and EU regulations.
find out more
Building Contract Agreement
Danish law-governed construction agreement between client and contractor, aligned with AB 18 and Danish Construction Act, defining project terms and obligations.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.