Document background
The Agreement Confirmation Letter is a crucial business document used to formally document and confirm the terms of an agreement that has been reached between parties. This document type is particularly relevant under Irish law, where it serves as a binding confirmation of agreed terms and can be used as evidence in legal proceedings if disputes arise. The letter typically follows verbal or informal written agreements, negotiations, or meetings where terms have been established, and provides a clear, written record of what has been agreed. An Agreement Confirmation Letter includes key information such as party details, agreement terms, commercial conditions, timelines, and next steps. It's commonly used in business transactions, commercial arrangements, and service agreements where parties need to have a formal record of their understanding before proceeding with a more detailed contract or immediate implementation of agreed terms.
