Loss Share Agreement Template for Ireland

1. Regulatory Compliance: Required when either party is subject to specific regulatory requirements or when the agreement needs regulatory approval

2. Third Party Rights: Needed when third parties have rights or obligations under the agreement

3. Step-In Rights: Include when one party needs the right to take over certain functions in specified circumstances

4. Data Protection: Required when personal data processing is involved in loss sharing calculations or reporting

5. Service Level Requirements: Include when specific performance standards need to be maintained in managing covered assets

6. Dispute Resolution: Optional detailed dispute resolution procedures beyond court jurisdiction

7. Force Majeure: Include when parties want specific provisions for handling unforeseen events

8. Anti-Money Laundering: Required when the agreement involves financial institutions or regulated entities

1. Schedule 1 - Covered Assets: Detailed list and description of assets covered by the loss share arrangement

2. Schedule 2 - Loss Calculation Methodology: Detailed mathematical formulae and examples for loss calculations

3. Schedule 3 - Reporting Templates: Standard forms and templates for required reports

4. Schedule 4 - Service Levels: Detailed performance metrics and standards if applicable

5. Schedule 5 - Initial Asset Valuation: Beginning valuations for covered assets

6. Schedule 6 - Fee Structure: Details of any fees or charges associated with the loss share arrangement

7. Appendix A - Contact Details: List of key contacts and their roles for both parties

8. Appendix B - Regulatory Approvals: Copies or details of relevant regulatory approvals

9. Appendix C - Operating Procedures: Detailed day-to-day operational procedures and workflows