The Master Receivables Purchase Agreement is designed for situations where a company wishes to monetize its receivables through ongoing sales to a financial institution or special purpose vehicle under Irish law. This agreement is particularly useful for businesses seeking to improve their working capital position or establish a recurring financing arrangement. It contains detailed provisions covering the sale mechanics, eligibility criteria for receivables, purchase price calculations, representations and warranties, and servicing arrangements. The document ensures compliance with Irish legal requirements, including the Conveyancing Act 1881, financial services regulations, and data protection laws, while providing flexibility for multiple transfers over time. It is commonly used in trade finance, supply chain finance, and securitization transactions, offering a robust legal framework for recurring receivables sales.
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: Identifies the seller(s) and purchaser(s) of the receivables
2. Background: Sets out the context and commercial purpose of the agreement
3. Definitions and Interpretation: Defines key terms and interpretation principles used throughout the agreement
4. Sale and Purchase: Core provisions governing the sale and purchase of receivables, including transfer mechanics
5. Eligibility Criteria: Specifies the criteria that receivables must meet to be eligible for purchase
6. Purchase Price and Payment: Details the purchase price calculation methodology and payment mechanisms
7. Conditions Precedent: Lists conditions that must be satisfied before purchases can commence
8. Representations and Warranties: Sets out representations and warranties given by both parties, particularly regarding the receivables
9. Covenants: Ongoing obligations of the parties throughout the life of the agreement
10. Servicing: Provisions regarding the servicing and collection of the receivables
11. Events of Default: Defines circumstances constituting default and consequences
12. Indemnities: Specifies indemnification obligations of the parties
13. Confidentiality: Provisions governing confidential information
14. Data Protection: Addresses GDPR and data protection requirements
15. Notices: Specifies how formal notices must be given between parties
16. Governing Law and Jurisdiction: Specifies Irish law as governing law and jurisdiction for disputes
1. Security Arrangements: Required if any security is being provided for the seller's obligations
2. Credit Enhancement: Include if there are any credit enhancement mechanisms such as reserves or overcollateralization
3. Performance Triggers: Include if the agreement includes performance-based triggers affecting the purchase program
4. Customer Notification Requirements: Required if immediate notification to underlying debtors is part of the structure
5. True Sale Provisions: Enhanced provisions where bankruptcy remoteness is critical
6. Currency Conversion: Required for cross-border transactions involving multiple currencies
7. Tax Gross-Up: Include where tax implications need specific addressing
8. Intermediate Transfer Provisions: Required in structures involving intermediate transfers or sub-participation
1. Form of Transfer Notice: Template notice for offering receivables for purchase
2. Form of Assignment: Standard form for documenting each assignment of receivables
3. Eligibility Criteria Details: Detailed specifications of eligibility requirements
4. Purchase Price Calculations: Detailed methodology for calculating purchase price
5. Servicing Requirements: Detailed servicing procedures and requirements
6. Form of Servicer Report: Template for periodic servicer reporting
7. Conditions Precedent Documents: List of required conditions precedent documents
8. Notice Details: Contact details and addresses for notices
9. Form of Debtor Notification: Template notice to be sent to debtors when required
10. Data Protection Requirements: Detailed data protection and GDPR compliance procedures
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Banking
Manufacturing
Retail
Healthcare
Technology
Telecommunications
Energy
Construction
Automotive
Consumer Goods
Professional Services
Relevant Teams
Legal
Finance
Treasury
Credit Management
Accounts Receivable
Risk Management
Compliance
Operations
Commercial
Working Capital
Relevant Roles
Chief Financial Officer
Treasury Manager
Finance Director
Legal Counsel
Commercial Director
Credit Manager
Accounts Receivable Manager
Risk Manager
Compliance Officer
Operations Director
Financial Controller
General Counsel
Head of Working Capital
Structured Finance Manager
Transaction Manager
Find the exact document you need
Contract For Buying A Business
An Irish law-governed agreement detailing the terms and conditions for the purchase and sale of a business, including all essential transaction elements and regulatory compliance requirements.
Download
Buyers Contract
An Irish law-governed agreement outlining terms and conditions for purchasing goods or services, incorporating buyer protections and commercial requirements.
Download
Buy With Reservation Agreement
An Irish law agreement establishing terms for reserving a property during pre-purchase investigations and financing arrangements.
Download
Basic Purchase Agreement
An Irish law-governed agreement that establishes the basic terms and conditions for the sale and purchase of goods between two parties.
Download
Forward Purchase Agreement (Real Estate)
An Irish law agreement for the future purchase of real estate, typically involving property under construction or development, with pre-agreed terms and conditions.
Download
Customer List Purchase Agreement
An Irish law-governed agreement for the sale and transfer of customer lists between businesses, ensuring GDPR compliance and data protection.
Download
Car Buying Contract
An Irish law-governed agreement for the sale and purchase of motor vehicles, incorporating essential terms and regulatory requirements for vehicle transactions in Ireland.
Download
Sell Agreement
An Irish law-governed agreement documenting the sale and transfer of goods, assets, or property between parties, outlining key terms and conditions of the transaction.
Download
Vehicle Hire Purchase Agreement
An Irish law-governed agreement for the purchase of a vehicle through installment payments, where ownership transfers to the hirer upon completion of all payments.
Download
Personal Property Addendum
An Irish law-compliant addendum detailing terms and conditions for personal property items within a primary agreement, including ownership, use, and maintenance requirements.
Download
Contingent Purchase Agreement
An Irish law-governed agreement setting out terms for a purchase transaction subject to specific conditions being met, including purchase terms, conditions precedent, and completion mechanisms.
Download
Conditional Purchase Agreement
An Irish law agreement governing the sale of assets where ownership transfer is conditional upon specific requirements, typically full payment completion.
Download
Land Sales Agreement
An Irish law-governed agreement for the sale and purchase of land, setting out the terms, conditions, and obligations for property transfer between parties.
Download
Dealer Purchase Agreement
An Irish law-governed agreement between a manufacturer/supplier and dealer establishing terms for product purchase and resale, including territorial rights and operational requirements.
Download
Buying Agency Agreement
An Irish law agreement appointing an agent to source and purchase goods on behalf of a principal, setting out the terms of their commercial relationship.
Download
Buy Tenancy Agreement
An Irish law-governed agreement combining property rental terms with a future purchase option, establishing rights and obligations for both landlord/seller and tenant/buyer.
Download
Final Purchase Agreement
An Irish law-governed agreement that finalizes the terms and conditions of a sale transaction between parties, including all essential elements of the purchase.
Download
Land Purchase Agreement Form
An Irish law-governed agreement for the legal transfer of land ownership between a vendor and purchaser, detailing all aspects of the property transaction.
Download
Joint Purchase Agreement For Vehicle
An Irish law-governed agreement establishing terms for joint vehicle purchase and ownership between multiple parties, defining rights, responsibilities, and ownership shares.
Download
Timeshare Purchase Agreement
An Irish law-governed agreement for the purchase of a timeshare interest, complying with EU consumer protection regulations and establishing rights and obligations of all parties.
Download
Private Party Car Sale Contract
An Irish law-governed contract for the private sale of a motor vehicle between individuals, documenting vehicle details, price, and transfer terms.
Download
Co Purchase Agreement
An Irish law agreement establishing terms and conditions for joint property purchase and ownership between multiple parties in Ireland.
Download
Commercial Offer To Purchase
An Irish law-governed document presenting a formal offer to purchase commercial property, including key terms and conditions of the proposed transaction.
Download
Letter Of Intent To Purchase Property
An Irish law-governed preliminary document expressing a potential buyer's intention to purchase property and outlining key proposed terms of the transaction.
Download
Option Purchase Agreement Film
An Irish law-governed agreement granting exclusive rights to purchase film rights to a creative work within a specified period.
Download
Forward Purchase Contract
An Irish law-governed agreement for the future purchase of specified goods or assets, detailing price, delivery terms, and payment conditions.
Download
Simple Offer To Purchase Real Estate Form
An Irish legal document presenting a formal offer to purchase real estate, outlining key terms and conditions in compliance with Irish property law.
Download
Employee Laptop Purchase Agreement
An Irish law-governed agreement enabling employees to purchase laptop computers from their employer with defined payment terms and conditions.
Download
Trailer Purchase Agreement
An Irish law-governed agreement for the sale and purchase of a trailer, including terms of sale, warranties, and ownership transfer provisions.
Download
Buyer Contract Agreement
An Irish law-governed agreement setting out terms and conditions for the purchase of goods or services, including payment, delivery, and quality requirements.
Download
Commercial Lease With Option To Purchase
An Irish law-governed agreement combining a commercial property lease with a future purchase option, setting out terms for both leasing and potential acquisition.
Download
Rental Purchase Agreement
An Irish law-governed agreement establishing terms for rental purchase arrangements, combining rental terms with a path to ownership through scheduled payments.
Download
Price Purchase Agreement
An Irish law-governed agreement detailing purchase terms, price, and conditions between buyer and seller.
Download
Prepaid Forward Purchase Agreement
An Irish law-governed agreement establishing terms for a prepaid forward purchase transaction, including payment mechanisms, delivery obligations, and regulatory compliance requirements.
Download
Legal Real Estate Contract
An Irish law-governed contract for the sale and purchase of real estate property, establishing terms, conditions, and legal obligations for all parties involved.
Download
Goods Purchase Agreement
An Irish law-governed agreement setting out terms and conditions for the commercial sale and purchase of goods.
Download
Pre Purchase Agreement
An Irish law agreement setting out terms and conditions for a future property purchase, including price, deposit, and completion requirements.
Download
Property Sales Contract Between Seller And Buyer
An Irish law-governed contract for the sale and purchase of property, establishing terms, conditions, and obligations between seller and buyer.
Download
Vehicle Purchase Agreement
An Irish law-governed agreement documenting the sale and purchase of a vehicle, including essential terms, conditions, and ownership transfer requirements.
Download
Medical Equipment Purchase Agreement
An Irish law-governed agreement for medical equipment purchase, compliant with EU MDR and Irish healthcare regulations.
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)