Forward Flow Agreements are essential documents in Pakistan's financial services sector, used when establishing a committed arrangement for the regular sale and purchase of receivables or debt portfolios. These agreements are particularly relevant when financial institutions seek to manage their balance sheets through systematic sale of receivables, or when debt purchasing companies aim to build their portfolio through regular acquisitions. The Forward Flow Agreement sets out the framework for multiple transfers over time, including detailed eligibility criteria, pricing mechanisms, and operational procedures. It must comply with Pakistani banking regulations, including the Banking Companies Ordinance 1962 and relevant State Bank of Pakistan directives. The agreement can be structured to accommodate both conventional and Islamic banking principles, making it versatile for Pakistan's dual banking system. It typically includes comprehensive provisions for data protection, consumer rights, and regulatory compliance specific to the Pakistani jurisdiction.
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 purchaser, including their legal status and registered addresses
2. Background: Context of the agreement, nature of the receivables/debt portfolios, and general purpose of the arrangement
3. Definitions: Detailed definitions of terms used throughout the agreement, including financial, operational, and technical terms
4. Sale and Purchase: Core terms of the forward flow arrangement, including commitment to sell/purchase, frequency, and volume requirements
5. Eligibility Criteria: Specific criteria that receivables must meet to be eligible for sale under the agreement
6. Purchase Price and Payment: Pricing mechanism, payment terms, and any adjustments
7. Transfer Process: Detailed procedures for the regular transfer of receivables, including timing and documentation requirements
8. Representations and Warranties: Standard and specific warranties given by both parties
9. Covenants: Ongoing obligations of both parties throughout the agreement term
10. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
11. Confidentiality: Provisions regarding the protection of confidential information
12. Data Protection: Compliance with data protection laws and handling of personal information
13. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction for disputes
14. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Put-Back Rights: Optional provisions allowing the purchaser to require the seller to repurchase certain receivables that fail to meet criteria - include when stronger purchaser protections are needed
2. Interim Servicing: Provisions for the seller to continue servicing the receivables for a transition period - include when operational handover needs to be gradual
3. Performance Guarantees: Additional guarantees or performance requirements - include when there are concerns about party performance
4. Compliance with Shariah Law: Additional provisions ensuring compliance with Islamic banking principles - include when parties require Shariah compliance
5. Third Party Rights: Provisions regarding the rights of third parties - include when third party involvement is significant
6. Force Majeure: Detailed force majeure provisions - include when specific events need to be addressed
7. Anti-Money Laundering: Specific AML provisions - include when dealing with high-risk portfolios or jurisdictions
1. Schedule 1 - Eligibility Criteria: Detailed list of criteria for acceptable receivables
2. Schedule 2 - Form of Transfer Notice: Template for regular transfer notices
3. Schedule 3 - Pricing Schedule: Detailed pricing methodology and calculations
4. Schedule 4 - Data Fields: Required data fields and format for receivables information
5. Schedule 5 - Operational Procedures: Detailed procedures for regular transfers and communications
6. Schedule 6 - Form of Monthly Report: Template for required regular reporting
7. Schedule 7 - Security Arrangements: Details of any security or trust arrangements
8. Appendix A - Power of Attorney: Standard form of power of attorney for collections
9. Appendix B - Compliance Checklist: Regulatory and compliance requirements checklist
Relevant legal definitions
Clauses
Relevant Industries
Banking
Financial Services
Debt Collection
Asset Management
Credit Services
Islamic Finance
Consumer Finance
Commercial Finance
Fintech
Investment Management
Relevant Teams
Legal
Finance
Risk Management
Collections
Compliance
Operations
Treasury
Credit Risk
Portfolio Management
Islamic Banking
Data Protection
Strategic Planning
Relevant Roles
Chief Financial Officer
Head of Debt Purchase
Legal Counsel
Compliance Officer
Portfolio Manager
Credit Risk Manager
Collections Manager
Finance Director
Treasury Manager
Operations Director
Risk Assessment Officer
Islamic Banking Advisor
Data Protection Officer
Strategic Planning Director
Find the exact document you need
Non Binding Agreement
A non-binding agreement template under Pakistani law for documenting business intentions and proposed collaborations without creating legal obligations.
find out more
Lease Option (Real Estate)
A Pakistani law-governed agreement combining property lease terms with a future purchase option, integrating both common law and Islamic law principles.
find out more
Business Agreement
A Pakistani law-compliant business agreement template for establishing commercial relationships between business entities.
find out more
Unregistered Sale Agreement With Possession
A Pakistani law-compliant unregistered property sale agreement that facilitates immediate possession transfer while documenting the transaction terms and parties' obligations.
find out more
Enforceable Agreement
Standard enforceable agreement template compliant with Pakistani law and the Contract Act 1872, suitable for various business transactions.
find out more
Franchise Agreement Draft
A legal agreement under Pakistani law establishing the terms and conditions for operating a franchise business, including rights, obligations, and operational requirements of both franchisor and franchisee.
find out more
Standard Form Contract
A standardized contract template compliant with Pakistani law, designed for consistent use across business transactions.
find out more
Legal Agreement Between Two Parties
Standard two-party legal agreement template compliant with Pakistani law and jurisdiction, suitable for various business relationships.
find out more
Simple Agreement
Basic contract template compliant with Pakistani law, suitable for straightforward business arrangements and general commercial use.
find out more
Mutual Agreement Between Two Parties
A bilateral agreement template compliant with Pakistani law, establishing legal relationships between two parties with clearly defined mutual rights and obligations.
find out more
Incorporation Agreement
A Pakistani law-governed agreement establishing a new company's structure, governance, and shareholder relationships under SECP regulations.
find out more
Contract For Selling A Car
A Pakistani law-governed agreement for the sale and transfer of ownership of a motor vehicle, including essential terms and compliance requirements.
find out more
Business Transfer Agreement
A legally binding agreement under Pakistani law facilitating the complete transfer of business operations, assets, and liabilities between entities.
find out more
Tooling Agreement
A Pakistani law-governed agreement establishing terms for industrial tooling manufacture, supply, and maintenance, incorporating local manufacturing regulations and standards.
find out more
Service Agreement Terms And Conditions
A Pakistani law-governed agreement establishing terms and conditions for service provision between provider and client.
find out more
Representation Agreement
A Pakistani law-governed agreement establishing and regulating the relationship between a principal and their appointed representative, outlining representation terms and obligations.
find out more
Provisional Agreement
A Pakistani law-governed interim agreement establishing temporary terms between parties while working towards a final agreement.
find out more
Model Tenancy Agreement
A standardized rental agreement template compliant with Pakistani property laws and regulations, establishing terms between landlord and tenant.
find out more
Land Agreement Between Two Parties
A Pakistani law-governed agreement for transferring land ownership between two parties, detailing property specifications, consideration, and transfer terms.
find out more
Buyer Agency Agreement
A Pakistani law-governed agreement establishing a professional relationship between a property buyer and real estate agent, defining services, obligations, and compensation terms.
find out more
Subordination Agreement Mortgage
A Pakistani law-governed agreement establishing priority ranking between multiple mortgages over the same property, determining the hierarchy of security interests between lenders.
find out more
Agreement To Perform Work
A Pakistani law-governed agreement defining terms and conditions for specific work performance between contracting parties.
find out more
Commercial Lease Form
A Pakistani law-compliant agreement establishing terms and conditions for commercial property leasing, including rights, obligations, and regulatory requirements.
find out more
Simple Car Sale Agreement
A legally binding agreement under Pakistani law for the sale and transfer of ownership of a motor vehicle between two parties, documenting essential sale terms and conditions.
find out more
Employee Accommodation Agreement
A Pakistan-compliant agreement governing employer-provided accommodation arrangements, outlining terms of occupancy and mutual obligations.
find out more
Employment Contract Form
A Pakistani law-compliant employment contract establishing terms and conditions between employer and employee.
find out more
Lease Agreement
A Pakistani law-compliant agreement establishing terms and conditions for property rental, governed by the Transfer of Property Act and provincial regulations.
find out more
Contractual Agreement
A standard Contractual Agreement template compliant with Pakistani law, suitable for establishing legally binding business relationships.
find out more
Security Agreement Form
A Pakistani law-governed agreement creating security interests over assets, establishing rights and obligations between security provider and holder under local secured transactions legislation.
find out more
Labour Contract Agreement For Construction Of House
A comprehensive labor contract for house construction projects in Pakistan, ensuring compliance with local labor laws and construction regulations.
find out more
House Construction Agreement Between Owner Contractor
A Pakistani law-governed agreement between property owner and contractor for house construction, detailing construction terms, specifications, and obligations.
find out more
Lodger Agreement
A Pakistani law-compliant agreement establishing terms for a lodger to share accommodation with a homeowner, covering rights, responsibilities, and living arrangements.
find out more
Consulting Agreement
A Pakistani law-governed agreement establishing terms and conditions between a client and consultant for professional consulting services.
find out more
Head Of Terms Agreement
A preliminary agreement under Pakistani law outlining key terms and conditions of a proposed business transaction, serving as a framework for detailed negotiations and final agreements.
find out more
Supply Contract Form
Standard Supply Contract Form compliant with Pakistani law, governing commercial supply relationships between parties for goods and materials.
find out more
Business Contract
A business contract template compliant with Pakistani law, establishing terms and conditions for commercial relationships between parties.
find out more
Business Purchase Agreement
A legally binding agreement under Pakistani law that documents the terms and conditions for the sale and purchase of a business, including all relevant assets, liabilities, and obligations.
find out more
Bike Sale Agreement
A Pakistani law-governed agreement for the sale and purchase of motorcycles, ensuring legal transfer of ownership and compliance with local regulations.
find out more
Umbrella Agreement
A Pakistani law-governed master agreement establishing framework terms for future specific agreements between parties.
find out more
Master Service Agreement
A Pakistani law-governed framework agreement establishing terms and conditions for ongoing service relationships between parties, with provisions for specific service orders.
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)