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1. Parties: Identification of the seller and purchaser of the debt
2. Background: Context of the debt sale and purpose of the agreement
3. Definitions and Interpretation: Definitions of key terms and interpretation rules
4. Sale and Purchase: Core terms of the debt purchase, including purchase price and payment terms
5. Conditions Precedent: Conditions that must be satisfied before completion
6. Completion: Process and requirements for completing the debt purchase
7. Seller's Warranties: Warranties regarding the debt, title, and authority to sell
8. Purchaser's Warranties: Warranties regarding authority and capacity to purchase
9. Assignment and Transfer: Mechanics of transferring the debt and related rights
10. Confidentiality: Obligations regarding confidential information
11. Privacy and Data Protection: Compliance with privacy laws and data handling requirements
12. Notices: Process for giving formal notices under the agreement
13. General Provisions: Standard boilerplate clauses including governing law, dispute resolution
1. Security Transfer: Required if the debt is secured by collateral or guarantees
2. Servicing Arrangements: Needed if the seller will continue to service the debt post-sale
3. Regulatory Compliance: Specific section for regulated debts (e.g., consumer credit contracts)
4. Future Flows: Required if the agreement covers future debt purchases
5. Put-Back Provisions: Optional clause allowing return of debt under specific circumstances
6. Tranching Provisions: Required for sales involving multiple tranches of debt
7. Third Party Consents: Required if transfers need specific third party approvals
8. Debt Collection Standards: Required for consumer debt purchases to ensure compliance
1. Schedule 1 - Debt Portfolio Details: Detailed list of debts being purchased including account numbers, balances, and key terms
2. Schedule 2 - Purchase Price Calculation: Methodology for calculating the purchase price
3. Schedule 3 - Form of Transfer Documents: Templates for debt transfer/assignment documents
4. Schedule 4 - Completion Checklist: List of documents and actions required for completion
5. Schedule 5 - Seller's Power of Attorney: Power of attorney provisions for post-completion actions
6. Schedule 6 - Excluded Debts: List of any debts specifically excluded from the purchase
7. Appendix A - Due Diligence Results: Summary of due diligence findings
8. Appendix B - Compliance Requirements: Detailed regulatory compliance requirements
Banking & Financial Services
Debt Collection & Recovery
Consumer Finance
Commercial Lending
Asset Management
Credit Services
Investment Management
Financial Technology
Retail Banking
Corporate Banking
Legal
Finance
Risk Management
Compliance
Treasury
Operations
Credit Management
Portfolio Management
Debt Collection
Due Diligence
Investment
Corporate Development
Chief Financial Officer
Legal Counsel
Debt Collection Manager
Credit Risk Manager
Portfolio Manager
Compliance Officer
Financial Controller
Treasury Manager
Operations Director
Risk Officer
Investment Manager
Due Diligence Manager
Collections Director
Debt Purchase Analyst
Legal Operations Manager
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