Liability Transfer Agreement Template for Ireland

1. Regulatory Compliance: Required when the transfer involves regulated activities or requires regulatory approval

2. Third Party Consents: Needed when the transfer requires the consent of third parties

3. Tax Provisions: Include when there are specific tax implications of the liability transfer

4. Security Arrangements: Required when additional security or guarantees are provided for the transferred liabilities

5. Step-In Rights: Include when providing rights for either party to step in and manage certain liabilities under specific circumstances

6. Insurance: Needed when specific insurance arrangements are required for the transferred liabilities

7. Transition Services: Include when ongoing support is needed to effectively transfer and manage the liabilities

1. Schedule 1 - Transferred Liabilities: Detailed list and description of all liabilities being transferred

2. Schedule 2 - Excluded Liabilities: List of specific liabilities explicitly excluded from the transfer

3. Schedule 3 - Transfer Mechanics: Detailed procedures and timeline for implementing the liability transfer

4. Schedule 4 - Required Consents: List of third-party consents required for the transfer

5. Schedule 5 - Form of Notice: Template notices to be sent to affected third parties

6. Appendix A - Supporting Documentation: Copies of relevant underlying agreements or documents creating the original liabilities

7. Appendix B - Financial Information: Relevant financial details and calculations related to the transferred liabilities