Document background
The Contingent Purchase Agreement is commonly used in Singapore when parties wish to structure a purchase transaction that depends on specific conditions being fulfilled before completion. This document is particularly relevant in complex commercial transactions where due diligence, financing, or regulatory approvals are required. Under Singapore law, this agreement provides a framework for managing conditional transactions while ensuring compliance with local regulatory requirements and legal principles. The agreement typically includes detailed provisions about the subject matter, purchase price, conditions precedent, completion mechanics, and remedies available to parties if conditions are not satisfied.
