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1. Parties: Identification of all parties entering into the joint purchase agreement, including their full legal names, addresses, and registration details if applicable
2. Background: Context of the agreement and summary of the parties' intentions to jointly purchase and own the subject matter
3. Definitions: Definitions of key terms used throughout the agreement
4. Subject Matter of Purchase: Detailed description of the asset(s) being jointly purchased
5. Purchase Price and Payment Terms: Total purchase price, contribution proportions from each party, payment schedule, and payment methods
6. Ownership Structure: Definition of ownership shares and rights of each party
7. Management and Decision Making: Procedures for making decisions regarding the jointly owned asset(s)
8. Rights and Obligations: Detailed description of each party's rights and obligations regarding the joint purchase and subsequent ownership
9. Costs and Expenses: Allocation of purchase costs, ongoing maintenance costs, and other related expenses
10. Transfer Restrictions: Limitations on transferring ownership interests and right of first refusal provisions
11. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
12. Governing Law and Jurisdiction: Confirmation of Austrian law as governing law and designation of competent courts
1. Pre-Closing Conditions: Include when there are specific conditions that must be met before the purchase can be completed
2. Due Diligence: Include when the parties need to conduct investigations or verifications before completing the purchase
3. Financing Arrangements: Include when external financing is involved in the purchase
4. Asset Management: Include for complex assets requiring specific management arrangements
5. Insurance: Include when specific insurance requirements need to be detailed
6. Confidentiality: Include when sensitive information will be shared between parties
7. Force Majeure: Include when parties want to address circumstances beyond their control
8. Exit Mechanism: Include detailed procedures for party exit when long-term joint ownership is contemplated
1. Schedule 1 - Asset Description: Detailed technical description and/or specifications of the purchase object
2. Schedule 2 - Purchase Price Allocation: Breakdown of how the purchase price is allocated among parties
3. Schedule 3 - Payment Schedule: Detailed timeline and terms for payment installments if applicable
4. Schedule 4 - Management Procedures: Detailed procedures for asset management and decision-making processes
5. Schedule 5 - Due Diligence Results: Summary of due diligence findings if applicable
6. Appendix A - Required Notices and Forms: Templates for required notices and standard forms under the agreement
7. Appendix B - Power of Attorney: If required for specific actions under the agreement
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Corporate Development
Investment
Risk Management
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Contract Management
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Corporate Lawyer
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Business Development Manager
Asset Manager
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Investment Director
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