The Forward Purchase Contract is a sophisticated commercial instrument used when parties wish to secure future transactions with predetermined terms. This document type is particularly valuable in Austrian business contexts where parties seek to manage price volatility and supply chain risks by agreeing to future purchases at specified prices and conditions. The Forward Purchase Contract, governed by Austrian law, typically includes detailed provisions on pricing mechanisms, delivery schedules, quality requirements, and risk allocation. It's commonly used in commodity trading, manufacturing, and other sectors where future price certainty is crucial. The document must comply with Austrian commercial law (UGB) and civil code (ABGB) requirements, while also considering relevant EU regulations. It's especially useful for businesses looking to secure supply chains, manage procurement costs, and establish long-term commercial relationships with clear, legally enforceable terms.
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 Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of the contracting parties
2. Background: Context of the agreement and general commercial intent
3. Definitions: Defined terms used throughout the agreement
4. Subject Matter of Purchase: Detailed description of the assets or goods to be purchased
5. Purchase Price: Specification of the purchase price, payment terms, and any price adjustment mechanisms
6. Delivery Terms: Timing and conditions for delivery of the subject matter
7. Forward Period: Duration of the forward contract and settlement date
8. Conditions Precedent: Conditions that must be satisfied before the contract becomes effective
9. Representations and Warranties: Statements of fact and assurances by both parties
10. Covenants: Ongoing obligations of the parties during the forward period
11. Risk and Title: Transfer of risk and ownership provisions
12. Default and Termination: Events of default and consequences of termination
13. Force Majeure: Provisions for unforeseen circumstances affecting contract performance
14. Notices: Communication procedures between parties
15. Governing Law and Jurisdiction: Specification of Austrian law and jurisdiction
16. General Provisions: Standard boilerplate clauses including severability, entire agreement, etc.
1. Quality Requirements: Detailed quality specifications for goods, used when purchasing commodities or manufactured goods
2. Price Adjustment Mechanism: Formula for price adjustments based on market conditions, included for longer-term contracts
3. Security Arrangements: Provisions for guarantees or security deposits, used when credit risk is a concern
4. Insurance: Insurance requirements, included when significant risks need to be covered
5. Regulatory Compliance: Specific regulatory obligations, included when dealing with regulated goods or sectors
6. Confidentiality: Detailed confidentiality provisions, used when sensitive information is involved
7. Assignment and Transfer: Rights to assign or transfer the contract, included when transferability is important
8. Step-In Rights: Rights for third parties to assume contract positions, used in project finance contexts
1. Technical Specifications: Detailed technical description of the purchase subject matter
2. Pricing Schedule: Detailed pricing information, including any formulas or adjustments
3. Delivery Schedule: Detailed timeline and logistics for delivery
4. Quality Standards: Specific quality requirements and testing procedures
5. Form of Notices: Template forms for various notices under the contract
6. Security Documents: Forms of any required guarantees or security agreements
7. Key Personnel: List of key contacts and authorized representatives
8. Compliance Requirements: Detailed regulatory or compliance obligations
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Commodities Trading
Agriculture
Energy
Mining
Real Estate
Construction
Technology Hardware
Industrial Equipment
Automotive
Pharmaceuticals
Renewable Energy
Food and Beverage
Textiles
Relevant Teams
Legal
Procurement
Finance
Risk Management
Operations
Treasury
Compliance
Commercial
Supply Chain
Quality Assurance
Trading
Business Development
Relevant Roles
Legal Counsel
Procurement Manager
Commercial Director
Risk Manager
Finance Director
Supply Chain Manager
Contract Administrator
Treasury Manager
Operations Director
Chief Financial Officer
Compliance Officer
Business Development Manager
Trading Manager
Quality Assurance Manager
Find the exact document you need
Option To Purchase Real Estate Agreement Form
An Austrian law-governed agreement granting the right to purchase specific real estate within a set timeframe under predetermined conditions.
Download
Land Purchase And Sale Contract
An Austrian law-governed agreement for the transfer of real estate ownership, complying with ABGB requirements and including necessary provisions for land registry registration.
Download
Horse Purchase Agreement
An Austrian law-governed agreement for the sale and purchase of a horse, detailing terms, conditions, and warranties of the transaction.
Download
Generic Purchase Agreement For House
Austrian house purchase agreement template compliant with local real estate laws and land registry requirements.
Download
Letter Of Intent (Real Estate)
An Austrian law-governed preliminary document outlining key terms and conditions for a potential real estate transaction, setting the framework for negotiations and due diligence.
Download
Buyer Agreement
An Austrian law-governed agreement setting out terms and conditions for the purchase of goods or services between buyer and seller.
Download
Buy Sell Agreement (Real Estate)
An Austrian law-governed agreement for the sale and purchase of real estate property, requiring notarization and land register registration.
Download
Option Contract (Real Estate)
An Austrian law-governed agreement granting the exclusive right to purchase specified real estate at predetermined terms within a defined period, subject to Austrian formal requirements and land registration rules.
Download
Letter Of Intent Commercial (Real Estate)
An Austrian law-governed preliminary document outlining key terms and conditions for proposed commercial real estate transactions, setting the framework for subsequent negotiations.
Download
Land Purchase Option Agreement
An Austrian law-governed agreement granting an exclusive right to purchase specified real estate within a defined period under preset terms.
Download
Securities Purchase Agreement
An Austrian law-governed agreement documenting the terms and conditions for the purchase and sale of securities, ensuring compliance with local securities regulations and market requirements.
Download
Used Car Purchase Agreement
An Austrian law-governed agreement for the sale and purchase of a used vehicle, detailing transaction terms and compliance requirements.
Download
Car Purchase Contract
An Austrian law-governed agreement for the sale and purchase of motor vehicles, compliant with ABGB and relevant vehicle regulations.
Download
Sell Agreement
An Austrian law-governed agreement for the sale and purchase of goods, property, or assets, compliant with ABGB requirements.
Download
Offer To Purchase Agreement
An Austrian law-governed document presenting a formal offer to purchase property or assets, outlining key terms and conditions of the proposed acquisition.
Download
Letter Of Intent To Purchase
An Austrian-law governed preliminary document expressing serious intent to purchase an asset, property, or business, outlining key terms while maintaining a primarily non-binding nature.
Download
Option To Buy Agreement
An Austrian law-governed agreement granting the right to purchase an asset at predetermined terms within a specified period.
Download
Lease Agreement With Option To Purchase
An Austrian law-governed agreement combining property lease terms with an option for the tenant to purchase the property under specified conditions.
Download
Contract For Selling A Car
An Austrian law-compliant contract template for the sale and purchase of motor vehicles, suitable for both private and commercial transactions.
Download
Contingent Purchase Agreement
An Austrian law-governed agreement setting out terms for a purchase transaction subject to specific conditions precedent, incorporating Austrian civil and commercial law requirements.
Download
Conditional Purchase Agreement
An Austrian law-governed agreement for a purchase transaction subject to specific conditions precedent, detailing terms, conditions, and transfer requirements.
Download
Commercial Real Estate Contract
An Austrian law-governed agreement for the purchase and sale of commercial real estate, incorporating all essential elements required under Austrian property legislation.
Download
Private Sale Purchase Agreement
An Austrian law-governed agreement documenting the sale and purchase of goods or assets between private parties or businesses, structured according to ABGB requirements.
Download
Option To Purchase Contract
An Austrian law-governed agreement granting the right to purchase specified property under preset terms within a defined period.
Download
Letter Of Sales Agreement
An Austrian-law governed letter-format document that formalizes a sales transaction between parties, combining business correspondence with legally binding sales terms.
Download
Lease With Option To Buy
An Austrian law-governed agreement combining property lease terms with a future purchase option, compliant with ABGB and MRG requirements.
Download
Land Sales Agreement
An Austrian-law governed agreement for the sale and transfer of real estate property, requiring notarization and land register registration.
Download
Entity Purchase Buy Sell Agreement
An Austrian law-governed agreement for the purchase and sale of a business entity, detailing all transaction terms and conditions.
Download
State Price Agreement
An Austrian law-governed agreement establishing standardized pricing and terms between government entities and suppliers for public sector procurement.
Download
Purchasers Agreement
An Austrian law-governed agreement documenting the sale and purchase of goods, property, or assets, compliant with the ABGB (Austrian Civil Code).
Download
Real Estate Agreement Of Purchase And Sale
Austrian real estate purchase agreement that facilitates property ownership transfer, requiring notarization and compliance with Austrian property law.
Download
Used Vehicle Purchase Agreement
An Austrian law-compliant agreement for the sale and purchase of used vehicles, suitable for both private and commercial transactions.
Download
Hydrogen Purchase Agreement
An Austrian law-governed agreement for the commercial sale and purchase of hydrogen, including delivery, quality, and pricing terms.
Download
High Purchase Agreement Form
An Austrian-law governed agreement enabling purchase of goods through installments with seller retaining ownership until final payment.
Download
Home Buyers Agreement
An Austrian property purchase contract that documents the legal transfer of real estate ownership, governed by Austrian civil law and requiring notarization.
Download
Art Purchase Agreement
An Austrian law-governed agreement for the sale and purchase of artwork, including provisions for authenticity, provenance, and ownership transfer.
Download
Token Purchase Agreement
An Austrian law-governed agreement establishing terms and conditions for digital token purchases, including regulatory compliance, token specifications, and transaction mechanics.
Download
Contract For Sale And Purchase
An Austrian law-governed agreement documenting the sale and purchase of goods or property, establishing terms and conditions for ownership transfer.
Download
Purchasing Agent Agreement
An Austrian law-governed agreement appointing an agent to conduct purchasing activities on behalf of a principal company, setting out their rights, duties, and commercial terms.
Download
Option Purchase Agreement Film
An Austrian-law agreement granting exclusive rights to purchase film rights to a creative work within a specified period, subject to Austrian copyright and civil law.
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)