The Forward Flow Agreement is essential for businesses engaged in regular sales of receivables or debt portfolios in the Netherlands. This document type is commonly used when a company wants to establish a long-term arrangement for the systematic sale of receivables, typically involving financial institutions, debt purchasers, or collection agencies. The agreement needs to comply with Dutch financial regulations, including the Financial Supervision Act (Wft) and relevant EU regulations such as GDPR. It sets out comprehensive terms covering eligibility criteria for receivables, pricing mechanisms, operational procedures, data protection measures, and transfer mechanics. The Forward Flow Agreement is particularly valuable when parties want to avoid negotiating individual sale agreements for each transaction, instead establishing a standardized framework for multiple future sales.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the seller and buyer, including registration details and addresses
2. Background: Context of the agreement, nature of the receivables, and purpose of the forward flow arrangement
3. Definitions: Comprehensive definitions of terms used throughout the agreement, including financial, operational, and technical terms
4. Sale and Purchase Structure: Framework for the recurring sales, including frequency, commitment levels, and basic mechanics
5. Eligibility Criteria: Detailed criteria that receivables must meet to be eligible for sale under the agreement
6. Purchase Price and Payment: Pricing mechanism, calculation methods, adjustments, and payment terms
7. Sale Process: Detailed procedures for each sale, including offer, acceptance, and completion mechanics
8. Representations and Warranties: Standard and specific warranties regarding the receivables, seller's authority, and compliance
9. Data Protection and Security: GDPR compliance measures and data handling requirements
10. Transfer Mechanics: Legal and operational procedures for transferring the receivables
11. Servicing Arrangements: Post-sale servicing responsibilities and requirements
12. Regulatory Compliance: Compliance with relevant Dutch financial regulations and consumer protection laws
13. Termination: Termination events, procedures, and consequences
14. Governing Law and Jurisdiction: Confirmation of Dutch law application and jurisdiction
1. Consumer Protection Provisions: Additional provisions required when the receivables involve consumer debt
2. Special Industry Requirements: Specific provisions for particular industries (e.g., healthcare, utilities)
3. Third Party Rights: Provisions dealing with any third party rights or claims over the receivables
4. Security Arrangements: Additional security or collateral arrangements if required
5. Pre-emptive Rights: Any rights of first refusal or similar arrangements
6. Audit Rights: Detailed audit provisions if required by either party
7. Performance Reporting: Specific reporting requirements beyond standard reporting
8. Migration Arrangements: Detailed provisions for systems and data migration if required
1. Eligibility Criteria Detail: Detailed breakdown of all eligibility requirements and exceptions
2. Pricing Schedule: Detailed pricing mechanisms, formulae, and examples
3. Form of Transfer Documents: Template documents required for each individual sale
4. Operational Procedures: Detailed procedures for day-to-day operations and sales
5. Data Fields: List of required data fields and formats for receivables information
6. Required Documents: List of documents required for each receivable type
7. Service Levels: Detailed service level requirements and measurements
8. Form of Reports: Ƶ for required reporting
9. Data Processing Agreement: GDPR-compliant data processing terms and conditions
10. Power of Attorney: Standard form of power of attorney if required for collections
Relevant legal definitions
Clauses
Relevant Industries
Banking
Financial Services
Debt Collection
Credit Management
Consumer Finance
Commercial Finance
Healthcare
Utilities
Telecommunications
Retail
Insurance
Relevant Teams
Legal
Finance
Credit Management
Risk
Compliance
Operations
Data Protection
Treasury
Portfolio Management
Collections
Commercial
Business Development
Relevant Roles
Chief Financial Officer
Head of Credit Management
Legal Counsel
Debt Portfolio Manager
Risk Manager
Collections Manager
Compliance Officer
Data Protection Officer
Portfolio Analyst
Credit Risk Manager
Treasury Manager
Operations Director
Commercial Director
Business Development Manager
Finance Director
Find the exact document you need
Non Binding Contract
A Dutch law-governed non-binding contract outlining parties' intentions and proposed terms for future cooperation without creating legal obligations.
find out more
Non Binding Agreement
Dutch law Non-Binding Agreement template for formalizing preliminary understandings without creating legal obligations.
find out more
Non Compete Form
A Dutch law-governed agreement that restricts an employee's post-employment competitive activities, subject to Article 7:653 of the Dutch Civil Code.
find out more
Bilateral Contract (Real Estate)
Dutch law-governed bilateral real estate contract for property transactions in the Netherlands, including mandatory notarial requirements and transfer conditions.
find out more
Assignment In (Real Estate)
Dutch law-governed agreement for real estate assignment arrangements, defining property management rights and responsibilities.
find out more
Videography Contract
Dutch law-governed agreement for professional videography services, outlining service terms, deliverables, and rights management.
find out more
Subscription Agreement
Dutch law-governed agreement establishing terms for recurring service provision, including subscription terms, payment obligations, and service levels.
find out more
Production Contract
Dutch law-governed agreement establishing terms and conditions for manufacturing services, including production requirements, quality standards, and compliance obligations.
find out more
Novation Agreement (Real Estate)
A Dutch law novation agreement for transferring rights and obligations in real estate transactions, complying with Dutch Civil Code and Land Registry requirements.
find out more
Labor Contract
A Dutch-law governed employment agreement establishing the terms and conditions of employment between employer and employee in the Netherlands.
find out more
Franchise Agreement
Dutch law-governed agreement establishing a franchise relationship, compliant with the Wet franchise, detailing operational rights, obligations, and commercial terms between franchisor and franchisee.
find out more
Common Agreement
A Dutch law-governed Common Agreement template providing a standardized framework for business relationships in the Netherlands.
find out more
Business To Business Contract
Dutch law-governed B2B contract template for establishing commercial relationships between business entities, compliant with the Burgerlijk Wetboek.
find out more
Barter Agreement
A Dutch law-governed agreement for the direct exchange of goods and/or services between parties without primary monetary consideration.
find out more
Master Contract
A Dutch law-governed framework agreement establishing general terms and conditions for future specific agreements between parties.
find out more
Notarial Contract
A formal legal document authenticated by a Dutch civil law notary, carrying special legal weight under Netherlands law and mandatory for certain transactions.
find out more
Engagement Contract
A Dutch law-governed contract establishing terms and conditions for professional services or consultancy relationships, compliant with Dutch Civil Code and relevant legislation.
find out more
Side Agreement
A supplementary contract under Dutch law that modifies or adds to a main agreement's terms while maintaining separate status.
find out more
Novation Contract
A Dutch law-governed agreement that transfers contractual rights and obligations from one party to another, creating a new contract while terminating the original.
find out more
Formal Agreement
A Dutch law-governed Formal Agreement establishing legally binding obligations between parties, structured according to Dutch Civil Code requirements.
find out more
Amended Contract
A Dutch law-governed document that formally modifies specific terms and conditions of an existing contract while maintaining other original terms.
find out more
Tooling Agreement
Dutch law agreement governing the terms for industrial tooling supply, use, and maintenance between manufacturing parties.
find out more
Representation Agreement
A Dutch law-governed agreement establishing the terms and conditions under which a representative is authorized to act on behalf of a principal.
find out more
Notary Rent Agreement
A formal rental agreement authenticated by a Dutch civil law notary, providing enhanced legal security and compliance with Dutch rental law.
find out more
Model Tenancy Agreement
A standardized residential lease agreement template compliant with Dutch housing law, establishing terms between landlord and tenant.
find out more
Common Terms Agreement
Dutch law-governed framework agreement establishing standard terms and conditions for syndicated lending arrangements and related finance documents.
find out more
Divorce Contract
A Dutch law-governed agreement that sets out the terms and conditions for divorce, including asset division, maintenance, and related arrangements.
find out more
Vending Machine Contract
Dutch law-governed contract template for vending machine installation and operation, covering operational, financial, and compliance requirements.
find out more
Employee Accommodation Agreement
A Dutch law agreement governing employer-provided accommodation to employees, addressing both housing and employment aspects of the arrangement.
find out more
Contra Agreement
A Dutch law-governed agreement establishing reciprocal obligations between business parties, outlining mutual responsibilities and commercial terms.
find out more
Key Agreement For Employees
A Dutch law-governed agreement establishing terms and conditions for employee key access and management of company facilities and secure areas.
find out more
Education Agreement With Employer
Dutch law agreement governing employer-sponsored education, including terms for study support and repayment conditions.
find out more
Bike Sale Agreement
Dutch law-governed agreement for bicycle sales, covering product specifications, warranties, and ownership transfer in compliance with Dutch consumer protection laws.
find out more
Umbrella Agreement
A Dutch law master agreement establishing framework terms for future specific agreements between parties.
find out more
Master Service Agreement
A Dutch law-governed framework agreement establishing core terms for ongoing service relationships between service providers and customers.
find out more
White Label Agreement
A Dutch law contract governing the manufacture/provision of products/services to be rebranded and sold under another party's brand name.
find out more
Volunteer Contract
A Dutch law-governed agreement establishing the relationship between an organization and a volunteer, outlining rights, responsibilities, and reimbursement terms.
find out more
Vendor Contract
Dutch law-governed vendor contract establishing terms and conditions for supplier relationships.
find out more
Vendor Agreement
Dutch law-governed agreement establishing terms and conditions between a company and its vendor for the supply of goods or services.
find out more
Variation Agreement
A Dutch law-governed document that formally modifies specific terms of an existing agreement while maintaining other original terms.
find out more
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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)