Document background
The Forward Purchase Agreement is a crucial commercial instrument used when parties wish to secure future transactions at predetermined terms. Under Singapore law, this agreement type provides businesses with a mechanism to manage price risk and secure supply chains. The document typically includes comprehensive provisions on price calculation, delivery terms, representations and warranties, and risk allocation. It's particularly relevant in Singapore's dynamic trading environment, where it benefits from the jurisdiction's sophisticated financial and commercial law framework. The Forward Purchase Agreement is commonly used in commodities, manufacturing, and financial services sectors, offering parties the security of agreed terms for future transactions while maintaining flexibility in structure and terms.
