A Buy Out Agreement is a crucial document used in Austrian business acquisitions when one party wishes to purchase and take control of a business entity from its current owner(s). This agreement, governed by Austrian law, particularly the UGB (Commercial Code) and Corporate Law, serves as the primary transaction document outlining all aspects of the business transfer. It includes detailed provisions on purchase price, payment mechanisms, warranties, representations, and post-completion obligations. The document is essential for ensuring compliance with Austrian regulatory requirements, protecting both parties' interests, and providing a clear framework for the transaction's execution. The agreement typically incorporates specific Austrian legal requirements regarding share transfers, employee rights, tax implications, and competition law considerations.
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 Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the seller(s), buyer(s), and the target company, including their full legal names and addresses
2. Background: Context of the transaction, current ownership structure, and purpose of the agreement
3. Definitions: Defined terms used throughout the agreement, ensuring consistent interpretation
4. Sale and Purchase: Core transaction terms including the assets or shares being transferred
5. Purchase Price: Details of the consideration, payment terms, and any price adjustment mechanisms
6. Conditions Precedent: Conditions that must be satisfied before completion of the transaction
7. Completion: Process and requirements for closing the transaction
8. Seller's Warranties: Representations and warranties regarding the business, assets, and liabilities
9. Buyer's Warranties: Representations and warranties from the buyer, including authority to enter into the transaction
10. Limitations on Liability: Scope and limitations of the parties' liability under the agreement
11. Confidentiality: Obligations regarding confidential information and announcement restrictions
12. Post-Completion Obligations: Ongoing obligations after completion, including transitional arrangements
13. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes
14. General Provisions: Standard boilerplate clauses including notices, amendments, and entire agreement provisions
1. Non-Compete Provisions: Restrictions on seller's future business activities, used when protecting business value is crucial
2. Employee Matters: Specific provisions regarding employees, used when staff transfers are involved
3. Intellectual Property Rights: Detailed IP provisions, used when IP assets are significant to the business
4. Real Estate: Specific provisions for property transfers, used when real estate is a significant asset
5. Environmental Matters: Environmental warranties and indemnities, used for businesses with environmental risks
6. Bank Financing: Provisions related to external financing, used when the purchase involves bank funding
7. Earn-out Provisions: Performance-based additional payments, used when part of purchase price is contingent on future performance
8. Tax Covenant: Specific tax-related warranties and indemnities, used for complex tax situations
1. Share Capital Structure: Details of the company's share capital and ownership structure
2. Properties: List and details of all real estate owned or leased by the company
3. Material Contracts: List of significant commercial contracts affecting the business
4. Intellectual Property: Schedule of all IP rights owned or licensed by the company
5. Employee Information: Details of employees, including key terms of employment
6. Financial Statements: Recent financial statements and management accounts
7. Bank Accounts: Details of all bank accounts and banking arrangements
8. Disclosed Matters: Information disclosed against the warranties
9. Completion Deliverables: List of documents and actions required at completion
10. Form of Resignation Letters: Template resignation letters for outgoing directors
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Technology
Retail
Professional Services
Financial Services
Real Estate
Healthcare
Energy
Transportation
Construction
Hospitality
Media and Entertainment
Agriculture
Mining and Resources
Telecommunications
Relevant Teams
Legal
Finance
Corporate Development
Mergers & Acquisitions
Tax
Compliance
Risk Management
Executive Leadership
Business Development
Corporate Secretariat
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Corporate Lawyer
Legal Counsel
Managing Director
Finance Director
Business Development Manager
Investment Manager
Private Equity Manager
Merger & Acquisition Specialist
Company Secretary
Tax Director
Risk Manager
Compliance Officer
Corporate Development Director
Find the exact document you need
Option To Purchase Real Estate Agreement Form
An Austrian law-governed agreement granting the right to purchase specific real estate within a set timeframe under predetermined conditions.
find out more
Land Purchase And Sale Contract
An Austrian law-governed agreement for the transfer of real estate ownership, complying with ABGB requirements and including necessary provisions for land registry registration.
find out more
Horse Purchase Agreement
An Austrian law-governed agreement for the sale and purchase of a horse, detailing terms, conditions, and warranties of the transaction.
find out more
Generic Purchase Agreement For House
Austrian house purchase agreement template compliant with local real estate laws and land registry requirements.
find out more
Letter Of Intent (Real Estate)
An Austrian law-governed preliminary document outlining key terms and conditions for a potential real estate transaction, setting the framework for negotiations and due diligence.
find out more
Buyer Agreement
An Austrian law-governed agreement setting out terms and conditions for the purchase of goods or services between buyer and seller.
find out more
Buy Sell Agreement (Real Estate)
An Austrian law-governed agreement for the sale and purchase of real estate property, requiring notarization and land register registration.
find out more
Option Contract (Real Estate)
An Austrian law-governed agreement granting the exclusive right to purchase specified real estate at predetermined terms within a defined period, subject to Austrian formal requirements and land registration rules.
find out more
Letter Of Intent Commercial (Real Estate)
An Austrian law-governed preliminary document outlining key terms and conditions for proposed commercial real estate transactions, setting the framework for subsequent negotiations.
find out more
Land Purchase Option Agreement
An Austrian law-governed agreement granting an exclusive right to purchase specified real estate within a defined period under preset terms.
find out more
Securities Purchase Agreement
An Austrian law-governed agreement documenting the terms and conditions for the purchase and sale of securities, ensuring compliance with local securities regulations and market requirements.
find out more
Used Car Purchase Agreement
An Austrian law-governed agreement for the sale and purchase of a used vehicle, detailing transaction terms and compliance requirements.
find out more
Car Purchase Contract
An Austrian law-governed agreement for the sale and purchase of motor vehicles, compliant with ABGB and relevant vehicle regulations.
find out more
Sell Agreement
An Austrian law-governed agreement for the sale and purchase of goods, property, or assets, compliant with ABGB requirements.
find out more
Offer To Purchase Agreement
An Austrian law-governed document presenting a formal offer to purchase property or assets, outlining key terms and conditions of the proposed acquisition.
find out more
Letter Of Intent To Purchase
An Austrian-law governed preliminary document expressing serious intent to purchase an asset, property, or business, outlining key terms while maintaining a primarily non-binding nature.
find out more
Option To Buy Agreement
An Austrian law-governed agreement granting the right to purchase an asset at predetermined terms within a specified period.
find out more
Lease Agreement With Option To Purchase
An Austrian law-governed agreement combining property lease terms with an option for the tenant to purchase the property under specified conditions.
find out more
Contract For Selling A Car
An Austrian law-compliant contract template for the sale and purchase of motor vehicles, suitable for both private and commercial transactions.
find out more
Contingent Purchase Agreement
An Austrian law-governed agreement setting out terms for a purchase transaction subject to specific conditions precedent, incorporating Austrian civil and commercial law requirements.
find out more
Conditional Purchase Agreement
An Austrian law-governed agreement for a purchase transaction subject to specific conditions precedent, detailing terms, conditions, and transfer requirements.
find out more
Commercial Real Estate Contract
An Austrian law-governed agreement for the purchase and sale of commercial real estate, incorporating all essential elements required under Austrian property legislation.
find out more
Private Sale Purchase Agreement
An Austrian law-governed agreement documenting the sale and purchase of goods or assets between private parties or businesses, structured according to ABGB requirements.
find out more
Option To Purchase Contract
An Austrian law-governed agreement granting the right to purchase specified property under preset terms within a defined period.
find out more
Letter Of Sales Agreement
An Austrian-law governed letter-format document that formalizes a sales transaction between parties, combining business correspondence with legally binding sales terms.
find out more
Lease With Option To Buy
An Austrian law-governed agreement combining property lease terms with a future purchase option, compliant with ABGB and MRG requirements.
find out more
Land Sales Agreement
An Austrian-law governed agreement for the sale and transfer of real estate property, requiring notarization and land register registration.
find out more
Entity Purchase Buy Sell Agreement
An Austrian law-governed agreement for the purchase and sale of a business entity, detailing all transaction terms and conditions.
find out more
State Price Agreement
An Austrian law-governed agreement establishing standardized pricing and terms between government entities and suppliers for public sector procurement.
find out more
Purchasers Agreement
An Austrian law-governed agreement documenting the sale and purchase of goods, property, or assets, compliant with the ABGB (Austrian Civil Code).
find out more
Real Estate Agreement Of Purchase And Sale
Austrian real estate purchase agreement that facilitates property ownership transfer, requiring notarization and compliance with Austrian property law.
find out more
Used Vehicle Purchase Agreement
An Austrian law-compliant agreement for the sale and purchase of used vehicles, suitable for both private and commercial transactions.
find out more
Hydrogen Purchase Agreement
An Austrian law-governed agreement for the commercial sale and purchase of hydrogen, including delivery, quality, and pricing terms.
find out more
High Purchase Agreement Form
An Austrian-law governed agreement enabling purchase of goods through installments with seller retaining ownership until final payment.
find out more
Home Buyers Agreement
An Austrian property purchase contract that documents the legal transfer of real estate ownership, governed by Austrian civil law and requiring notarization.
find out more
Art Purchase Agreement
An Austrian law-governed agreement for the sale and purchase of artwork, including provisions for authenticity, provenance, and ownership transfer.
find out more
Token Purchase Agreement
An Austrian law-governed agreement establishing terms and conditions for digital token purchases, including regulatory compliance, token specifications, and transaction mechanics.
find out more
Contract For Sale And Purchase
An Austrian law-governed agreement documenting the sale and purchase of goods or property, establishing terms and conditions for ownership transfer.
find out more
Purchasing Agent Agreement
An Austrian law-governed agreement appointing an agent to conduct purchasing activities on behalf of a principal company, setting out their rights, duties, and commercial terms.
find out more
Option Purchase Agreement Film
An Austrian-law agreement granting exclusive rights to purchase film rights to a creative work within a specified period, subject to Austrian copyright and civil law.
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)