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Partnership Subscription Agreement Template for Ireland

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Key Requirements PROMPT example:

Partnership Subscription Agreement

"I need a Partnership Subscription Agreement for a renewable energy investment fund based in Ireland, with provisions for multiple closing dates throughout 2025 and the ability to accommodate both institutional and professional investors, with a minimum subscription of €5 million."

Document background
The Partnership Subscription Agreement is a foundational document used in Irish investment partnerships when admitting new limited partners into the structure. It is particularly relevant for investment funds, private equity ventures, and other collective investment schemes structured as partnerships under Irish law. The document serves multiple purposes: it formalizes the subscription process, confirms the subscriber's eligibility and compliance with regulatory requirements, documents the capital commitment, and establishes the framework for the ongoing relationship between the partnership and the limited partner. The agreement includes essential information about the investment terms, partnership structure, regulatory compliance requirements (including anti-money laundering and investor qualification), and various operational aspects of the partnership. This document is crucial for ensuring compliance with Irish partnership law, investment funds regulation, and other relevant legislative requirements while protecting the interests of all parties involved.
Suggested Sections

1. Parties: Identification of the Partnership, General Partner, and the Subscribing Limited Partner

2. Background: Context of the partnership, its purpose, and the subscription opportunity

3. Definitions and Interpretation: Definitions of key terms and interpretation rules used throughout the agreement

4. Subscription and Capital Commitment: Details of the subscription amount, payment terms, and capital commitment

5. Admission Process: Process and conditions for admission as a Limited Partner

6. Representations and Warranties: Key statements and guarantees from both the subscriber and the partnership

7. Anti-Money Laundering Compliance: AML requirements and ongoing compliance obligations

8. Partnership Interest: Nature and scope of the partnership interest being acquired

9. Capital Contributions: Terms for making capital contributions, including drawdown procedures

10. Regulatory Matters: Compliance with relevant regulatory requirements and ongoing obligations

11. Notices: Communication procedures and contact details

12. Confidentiality: Confidentiality obligations and permitted disclosures

13. Governing Law and Jurisdiction: Irish law as governing law and jurisdiction provisions

14. General Provisions: Standard boilerplate clauses including severability, entire agreement, etc.

Optional Sections

1. Multiple Closings: Required when the partnership allows for multiple subscription closing dates

2. Side Letter Provisions: Include when certain investors receive special rights or terms

3. ERISA Provisions: Required when U.S. pension fund investors are involved

4. Tax Matters: Detailed tax provisions when complex tax structures are involved

5. Co-investment Rights: Include when certain investors are granted co-investment rights

6. Default Provisions: Detailed procedures for handling defaulting limited partners

7. Transfer Restrictions: Specific transfer restriction provisions beyond standard partnership agreement

8. Electronic Communications: Specific provisions for electronic communications and virtual meetings

Suggested Schedules

1. Subscription Form: Detailed form for subscription information and investor details

2. Partnership Agreement: Copy or summary of the main partnership agreement

3. KYC Requirements: List of required Know Your Customer documentation

4. Investment Criteria: Detailed investment criteria and restrictions

5. Fee Schedule: Detailed breakdown of all applicable fees and expenses

6. FATCA/CRS Forms: Required tax reporting forms and certifications

7. Wire Instructions: Banking details for subscription payments

8. Power of Attorney: Standard power of attorney form if required

9. Investor Qualification Form: Form to certify investor qualification status

10. Risk Factors: Detailed description of investment risks

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

















































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Relevant Industries

Financial Services

Private Equity

Venture Capital

Real Estate Investment

Infrastructure

Asset Management

Investment Funds

Professional Services

Alternative Investments

Healthcare Investment

Technology Investment

Renewable Energy Investment

Relevant Teams

Legal

Compliance

Finance

Investment Management

Risk Management

Operations

Investor Relations

Due Diligence

Fund Administration

Corporate Governance

Relevant Roles

Legal Counsel

Investment Manager

Fund Manager

Compliance Officer

Chief Financial Officer

Partner

Managing Director

Investment Director

Risk Manager

Company Secretary

Chief Operating Officer

Director of Operations

Investment Analyst

Due Diligence Officer

Investor Relations Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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