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Repurchase Option Agreement
"I need a Repurchase Option Agreement for a commercial property in Dublin that I'm selling to an investment firm, with the option to buy it back within 3 years by March 2025, including provisions for tenant rights and maintenance obligations."
1. Parties: Identification of the parties entering into the agreement
2. Background: Context of the agreement, including details of the original sale and reason for the repurchase option
3. Definitions and Interpretation: Definitions of key terms and interpretation rules
4. Grant of Option: Terms of the repurchase option, including the specific asset(s) covered
5. Option Period: Duration of the option and any conditions affecting its term
6. Exercise Price: Specification of the repurchase price and any adjustment mechanisms
7. Exercise of Option: Process and requirements for exercising the option
8. Completion: Requirements and process for completing the repurchase transaction
9. Representations and Warranties: Standard representations and warranties from both parties
10. Maintenance of Asset: Obligations regarding maintenance and use of the asset during the option period
11. Notices: Requirements for giving notices under the agreement
12. Governing Law and Jurisdiction: Confirmation of Irish law as governing law and jurisdiction
13. Entire Agreement: Standard entire agreement clause
1. Third Party Rights: Include when third parties may have rights under the agreement
2. Security: Include when additional security is required for the option
3. Assignment: Include when transfer rights need to be specifically addressed
4. Tax Provisions: Include when specific tax arrangements need to be documented
5. Conditions Precedent: Include when the option is subject to specific conditions being met
6. Regulatory Compliance: Include when specific regulatory requirements need to be addressed
7. Force Majeure: Include when circumstances affecting exercise of the option need to be addressed
8. Confidentiality: Include when specific confidentiality obligations are required
1. Schedule 1 - Asset Description: Detailed description of the asset(s) subject to the repurchase option
2. Schedule 2 - Form of Option Notice: Template notice for exercising the option
3. Schedule 3 - Completion Requirements: Detailed list of completion requirements and documents
4. Schedule 4 - Calculation of Exercise Price: If applicable, detailed methodology for calculating or adjusting the exercise price
5. Appendix 1 - Copy of Original Sale Agreement: Reference copy of the original sale agreement
6. Appendix 2 - Required Consents: List of any required third-party or regulatory consents
Authors
Asset
Business Day
Completion
Completion Date
Completion Requirements
Conditions Precedent
Counterparty
Effective Date
Encumbrance
Exercise Date
Exercise Notice
Exercise Period
Exercise Price
Grant Date
Grantor
Interest Rate
Long Stop Date
Option
Option Holder
Original Purchase Price
Original Sale Agreement
Parties
Permitted Encumbrances
Property
Purchase Price
Related Rights
Relevant Authority
Required Consents
Security Interest
Signing Date
Tax
Title Documents
Transaction Documents
Transfer Documents
Valuation
Working Hours
Interpretation
Grant of Option
Option Period
Exercise Price
Exercise of Option
Completion
Payment Terms
Title and Ownership
Representations and Warranties
Asset Maintenance
Covenants
Security
Assignment
Termination
Force Majeure
Confidentiality
Notices
Further Assurance
Costs and Expenses
Severability
Waiver
Variation
Entire Agreement
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Dispute Resolution
Data Protection
Anti-corruption
Compliance with Laws
Tax
Registration
Time of Essence
Real Estate
Financial Services
Manufacturing
Technology
Agriculture
Mining
Energy
Retail
Construction
Infrastructure
Private Equity
Asset Management
Legal
Finance
Real Estate
Commercial
Compliance
Risk Management
Corporate Development
Investment
Operations
Property Management
Legal Counsel
Corporate Lawyer
Property Manager
Real Estate Director
Chief Financial Officer
Investment Manager
Asset Manager
Business Development Director
Commercial Director
Risk Manager
Compliance Officer
Property Developer
Transaction Manager
Contract Manager
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