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1. Parties: Identification of all parties to the agreement, including legal names and addresses
2. Background: Context of the original payment obligation and circumstances leading to the waiver
3. Definitions: Definitions of key terms used throughout the agreement
4. Payment Obligations: Details of the original payment obligations being waived
5. Waiver Terms: Specific terms of the waiver, including amount, duration, and conditions
6. Representations and Warranties: Statements of fact and guarantees by both parties
7. Release: Mutual release of claims related to the waived payments
8. Confidentiality: Obligations regarding confidentiality of the waiver terms
9. Governing Law: Specification of applicable Canadian law and jurisdiction
10. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Conditional Waiver Terms: Used when the waiver is subject to specific conditions or future events
2. Partial Payment Terms: Include when some payments are still required or when establishing a new payment schedule
3. Security Interests: Required when existing security interests need to be addressed
4. Tax Implications: Include when there are significant tax consequences of the waiver
5. Regulatory Compliance: Required for regulated industries or when specific compliance obligations exist
6. Third Party Rights: Include when the waiver affects rights of parties not directly involved in the agreement
7. Insurance Provisions: Used when insurance policies are affected by the payment waiver
1. Schedule A - Original Payment Agreement: Copy or summary of the original agreement containing the payment obligations
2. Schedule B - Payment History: Record of previous payments and outstanding amounts
3. Schedule C - Waiver Conditions: Detailed list of any conditions that must be met for the waiver to remain valid
4. Appendix 1 - Supporting Documents: Any relevant supporting documentation such as financial statements or proof of hardship
5. Appendix 2 - Consent Forms: Any required third-party consents or regulatory approvals
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Retail
Manufacturing
Construction
Professional Services
Healthcare
Education
Small Business
Legal
Finance
Accounts Receivable
Credit Control
Treasury
Risk Management
Compliance
Commercial Operations
Business Development
Corporate Advisory
Chief Financial Officer
Finance Manager
Credit Controller
Accounts Receivable Manager
Legal Counsel
Contract Administrator
Risk Manager
Collections Manager
Treasury Manager
Financial Analyst
Business Development Manager
Compliance Officer
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