Third Party Payment Agreement Template

You can open the Third Party Payment Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Third Party Payment Agreement Template

Printable | Editable Form




Third Party Payment Agreement Template (1)
Between:
[Name of the Third Party]
[Third Party’s ID]
[Third Party’s Address]
[Third Party’s Phone]
[Third Party’s Email]
And:
[Name of the Creditor]
[Creditor’s ID]
[Creditor’s Address]
And:
[Name of the Debtor]
[Debtor’s ID]
[Debtor’s Address]
Introduction:
This document serves to formalize the agreement for a third-party payment arrangement established on [Contract Start Date] concerning the payment obligations of the Debtor to the Creditor.
Clause 1: Payment Obligations
The Third Party agrees to pay the Creditor an amount of [Specify Amount] on behalf of the Debtor under the terms outlined in this agreement.
Clause 2: Payment Schedule
The Third Party shall remit payments according to the following schedule: [Detail specific payment dates and amounts].
Clause 3: Responsibility and Indemnification
The Debtor acknowledges and accepts full responsibility for the payments made by the Third Party and agrees to indemnify the Third Party for any claims arising from this agreement.
Clause 4: Default and Remedies
In the event of default on any payment, the Creditor reserves the right to pursue all available legal remedies against the Debtor and the Third Party, including but not limited to [Specify remedies].
Clause 5: Governing Law
This agreement shall be governed by the laws of [Jurisdiction] and any disputes shall be resolved in accordance with the relevant legal provisions.
Signed in [City], [Date].
Sincerely,
[Signature of the Third Party]
[Name of the Third Party]
[Signature of the Creditor]
[Name of the Creditor]
[Signature of the Debtor]
[Name of the Debtor]
Third Party Payment Agreement Template (2)
Between:
[Name of the Third Party]
[Third Party’s ID]
[Third Party’s Address]
[Third Party’s Phone]
[Third Party’s Email]
And:
[Name of the Creditor]
[Creditor’s ID]
[Creditor’s Address]
And:
[Name of the Debtor]
[Debtor’s ID]
[Debtor’s Address]
Introduction:
This agreement outlines the intention of the Third Party to remit payment to the Creditor on behalf of the Debtor, commencing on [Contract Start Date].
Clause 1: Amount Due
The total amount to be paid by the Third Party on behalf of the Debtor is [Specify Amount].
Clause 2: Timing of Payments
The Third Party agrees to make payments according to the following timeline: [Specify payment details and deadlines].
Clause 3: Liability for Payments
The Debtor remains liable for all payments made under this agreement and agrees to reimburse the Third Party for any payments made in their stead.
Clause 4: Right to Act
The Creditor is entitled to take action against the Debtor for non-payment of any obligations under this agreement.
Clause 5: Entire Agreement
This document constitutes the entire agreement between the parties and supersedes all prior agreements or understandings.
Signed in [City], [Date].
Sincerely,
[Signature of the Third Party]
[Name of the Third Party]
[Signature of the Creditor]
[Name of the Creditor]
[Signature of the Debtor]
[Name of the Debtor]

Form

Please complete the form below to create the Third Party Payment Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Third Party Payment Agreement Template

1. Agreement Date

2. Third Party Information


3. Primary Party Information


4. Payment Details

5. Purpose of Payment

6. Payment Schedule

7. Responsibilities of Third Party

8. Representations and Warranties

9. Indemnification

10. Termination Conditions

11. Signatures

12. Declaration and Signatures




PDF


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Printable

Third Party Payment Agreement Template

Printable | Editable Form




Third Party Payment Agreement Template