Buy Back Option Contract Template for Canada

1. Security Arrangements: Required when the option exercise price is to be paid in installments or there are other security requirements

2. Third Party Rights: Needed when there are third parties who may have rights or interests in the asset

3. Tax Provisions: Detailed tax arrangements when the transaction has significant tax implications

4. Regulatory Compliance: Required when the asset or transaction is subject to specific regulatory requirements

5. Right of First Refusal: Optional provision giving the option holder priority rights if the asset is to be sold to a third party

6. Valuation Mechanism: Needed when the exercise price is to be determined by a valuation process rather than fixed

7. Confidentiality: Required for sensitive commercial arrangements

8. Force Majeure: Optional clause dealing with circumstances beyond parties' control affecting the option

1. Asset Description: Detailed description and specifications of the asset subject to the buy-back option

2. Exercise Notice Form: Template form for exercising the option

3. Price Calculation Formula: Detailed methodology for calculating the exercise price if not fixed

4. Required Consents: List of third-party consents required for option exercise

5. Encumbrances: List of any existing encumbrances on the asset

6. Completion Requirements: Detailed checklist of requirements for completing the buy-back transaction