The Principal Sale and Purchase Agreement is a fundamental transaction document used in Irish business acquisitions and disposals. This agreement is essential when conducting significant business transactions in Ireland, whether for asset purchases, share transfers, or entire business acquisitions. It must comply with Irish commercial law, including the Sale of Goods Act 1893, the Sale of Goods and Supply of Services Act 1980, and relevant EU regulations. The document typically includes comprehensive details about the transaction structure, purchase price mechanisms, warranties and indemnities, pre-completion and post-completion obligations, and various protective provisions for both parties. It's particularly crucial for high-value transactions where detailed terms and conditions need to be clearly documented and legally enforceable.
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: Formal identification of the parties to the agreement, including full legal names, registered addresses, and company numbers if applicable
2. Background: Recitals explaining the context of the transaction and the parties' intentions
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules for interpreting the agreement
4. Sale and Purchase: Core transaction terms including the asset/business being sold and purchased
5. Purchase Price: Details of the consideration, payment terms, and any adjustments
6. Completion: Mechanics of closing the transaction, including timing, location, and deliverables
7. Seller's Warranties: Warranties given by the seller regarding the subject matter of the sale
8. Buyer's Warranties: Basic warranties from the buyer, typically regarding capacity and authority
9. Limitations on Liability: Limitations on warranty claims and general liability caps
10. Pre-Completion Obligations: Obligations of both parties between signing and completion
11. Confidentiality: Provisions regarding confidential information and announcements
12. Notices: Process for formal communications between the parties
13. General Provisions: Standard boilerplate clauses including entire agreement, variations, severability
14. Governing Law and Jurisdiction: Confirmation of Irish law as governing law and jurisdiction for disputes
1. Tax Covenant: Detailed tax indemnity provisions, used when tax liabilities are a significant concern
2. Non-Competition: Restrictions on seller's competing activities, used when protecting goodwill is important
3. Employee Provisions: Detailed provisions regarding employees, used when staff are transferring
4. Intellectual Property: Specific IP provisions, used when IP assets are material to the transaction
5. Data Protection: Detailed GDPR compliance provisions, used when personal data is being transferred
6. Property: Specific real estate provisions, used when property assets are material
7. Environmental Matters: Environmental warranties and indemnities, used for businesses with environmental risks
8. Earn-out Provisions: Mechanism for additional payments based on future performance, used in price adjustment scenarios
9. Break Fee: Provisions for payment if the deal fails, used in higher-risk transactions
1. Schedule 1 - Definitions: Detailed definitions used throughout the agreement
2. Schedule 2 - Assets: Detailed list of assets included in the sale
3. Schedule 3 - Properties: Details of any real estate included in the sale
4. Schedule 4 - Intellectual Property: List of IP rights included in the sale
5. Schedule 5 - Employees: List of transferring employees and their key terms
6. Schedule 6 - Warranties: Full set of warranties given by the seller
7. Schedule 7 - Tax Covenant: Detailed tax indemnity provisions
8. Schedule 8 - Completion Obligations: Detailed list of completion deliverables
9. Appendix 1 - Form of Transfer Deed: Form of asset transfer documentation
10. Appendix 2 - Disclosure Letter: Form of disclosure letter qualifying the warranties
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Technology
Retail
Professional Services
Real Estate
Healthcare
Financial Services
Agriculture
Energy
Construction
Hospitality
Transport & Logistics
Media & Entertainment
Telecommunications
Relevant Teams
Legal
Finance
Corporate Development
Mergers & Acquisitions
Executive Leadership
Risk & Compliance
Operations
Business Development
Strategy
Treasury
Company Secretariat
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Managing Director
Commercial Director
Legal Counsel
Corporate Lawyer
Business Development Manager
Finance Director
Company Secretary
Risk Manager
Compliance Officer
Operations Director
Investment Manager
Transaction Manager
Due Diligence Manager
Find the exact document you need
Sold As Seen Agreement
An Irish law agreement for selling items in their current condition without standard warranties, while maintaining compliance with mandatory consumer protection requirements.
Download
Online Sales Agreement
An Irish law-governed agreement setting out terms and conditions for online sales transactions, ensuring compliance with Irish and EU e-commerce regulations.
Download
Binding Sales Contract
An Irish law-governed contract establishing legally binding terms and conditions for the sale and purchase of goods between two parties.
Download
Buy And Sell Agreement (Insurance)
An Irish law-governed insurance agreement establishing coverage terms, obligations, and responsibilities between insurer and insured parties.
Download
Legal Sales Contract
An Irish law-governed contract documenting terms and conditions for the sale of goods or services between parties, ensuring legal compliance and mutual protection.
Download
Sale Of Business As A Going Concern Agreement
An Irish law agreement for the transfer of an operational business, including all assets, employees, and liabilities from seller to purchaser.
Download
Sale Of Partnership Agreement
An Irish law-governed agreement for the sale and transfer of partnership interests, including terms for ownership transfer, valuation, and partner obligations.
Download
Private Sales Agreement For House
An Irish law-governed agreement for the private sale and purchase of residential property, detailing terms, conditions, and obligations of both parties.
Download
Apartment Sale And Purchase Contract
An Irish law-governed contract for the sale and purchase of an apartment, including essential terms, conditions, and regulatory compliance requirements.
Download
Buy Sell Contract
An Irish law-governed agreement documenting the terms and conditions of a sale transaction between a buyer and seller, including price, delivery, and transfer of title.
Download
Business Buy Sell Agreement
An Irish law-governed agreement facilitating the sale and purchase of a business, outlining transaction terms, warranties, and regulatory requirements.
Download
Sale Of Equity Agreement
An Irish law-governed agreement documenting the terms and conditions for the sale and transfer of company shares or equity interests between parties.
Download
Lease To Sell Agreement
An Irish law agreement combining a property lease with a future purchase option/obligation, setting terms for both rental period and eventual sale.
Download
Small Business Sale Contract
An Irish law-governed agreement for the sale and purchase of a small business, including assets, liabilities, and operational elements.
Download
Home For Sale By Owner Contract
An Irish law-governed contract for the direct sale of residential property between private parties without real estate agent involvement.
Download
Commercial Real Estate Sales Agreement
An Irish law-governed agreement for the sale and purchase of commercial real estate, detailing property transfer terms and obligations.
Download
Private Sale Purchase Agreement
An Irish law-governed agreement that documents the terms and conditions for private sale transactions between parties, ensuring legal compliance and protection of both seller and buyer interests.
Download
Private Sale Of House Contract
An Irish law contract for the private sale and purchase of residential property, setting out terms, conditions, and obligations of the vendor and purchaser.
Download
Final Sale Agreement
An Irish law-governed agreement that finalizes the permanent transfer of ownership of assets, property, or business interests from seller to buyer.
Download
Direct Sales Contract
An Irish law-governed agreement setting out terms and conditions for direct sale of goods between seller and buyer, ensuring compliance with Irish commercial law and EU regulations.
Download
Registered Agreement For Sale Of Property
An Irish law agreement documenting the terms and conditions for the sale and purchase of registered property, ensuring legal transfer of ownership.
Download
Home Purchase Sales Contract
An Irish law-governed contract for the sale and purchase of residential property, establishing terms, conditions, and legal obligations for property transfer.
Download
Final Sale Contract
An Irish law-governed contract that finalizes the sale of goods or assets between parties, establishing definitive terms and conditions for the transaction.
Download
Stock Buy Sell Agreement
An Irish law-governed agreement setting out terms and conditions for the purchase and sale of shares in an Irish company, ensuring compliance with local corporate law requirements.
Download
Sold As Seen Contract
An Irish law-governed contract for the sale of goods in their current condition, establishing clear terms for 'as-is' purchases with limited warranties.
Download
Sale Of Horse Contract
An Irish law-governed contract for the sale and purchase of a horse, including essential terms, conditions, and regulatory compliance requirements.
Download
Contract Of Sale And Agreement To Sell
An Irish law-governed agreement documenting the terms and conditions for the sale of goods between a seller and buyer.
Download
Sale Purchase Agreement Draft
An Irish law-governed agreement detailing terms and conditions for the sale and purchase of property or assets, including price, warranties, and completion requirements.
Download
Principal Sale And Purchase Agreement
An Irish law-governed agreement detailing the terms and conditions for the sale and purchase of a business, assets, or shares, including price, warranties, and completion mechanics.
Download
Mobile Home Installment Sale Contract
An Irish law-governed contract for the installment sale of a mobile home, setting out payment terms, warranties, and consumer protections.
Download
Home Sales Agreement
An Irish law agreement governing the sale and purchase of residential property, detailing terms, conditions, and transfer requirements.
Download
Horse Sale Contract
An Irish law-governed agreement for the sale and purchase of horses, ensuring compliance with domestic and EU regulations while protecting both parties' interests.
Download
Registered Agreement For Sale
An Irish law-governed legal agreement that formalizes the terms and conditions for the sale and purchase of registered property in Ireland.
Download
Promissory Purchase And Sale Agreement
An Irish law agreement establishing binding terms for a future property sale and purchase, including price, conditions, and completion requirements.
Download
Horse Sale Contract With Payments
An Irish law-governed contract for horse sales with structured payment terms, including ownership transfer, warranties, and regulatory compliance.
Download
Bill Of Sale Stock Purchase Agreement
An Irish law-governed agreement documenting the sale and transfer of company shares between parties, including terms, conditions, and completion requirements.
Download
Auto Sale Contract With Payments
An Irish law-governed vehicle sale agreement with structured payment terms, incorporating consumer protection and financial services requirements.
Download
Residential Contract Of Sale
An Irish law-governed contract for the sale and purchase of residential property, establishing terms, conditions, and obligations between vendor and purchaser.
Download
Mortgage Sale Agreement
An Irish law-governed agreement for the sale and transfer of a mortgage portfolio between financial institutions, including all associated rights and obligations.
Download
Agreement To Sell Real Estate Contract
An Irish law-governed contract formalizing the sale and purchase of real estate property between a vendor and purchaser in Ireland.
Download
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)