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1. Parties: Identification of the seller(s), purchaser(s), and the limited partnership entity
2. Background: Context of the transaction, including current partnership structure and reason for the purchase
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Sale and Purchase of Partnership Interest: Core transaction terms including the partnership interest being sold and purchase price
5. Purchase Price and Payment: Details of consideration, payment method, and timing
6. Completion: Requirements and process for completing the transaction
7. Pre-Completion Obligations: Obligations of parties before completion, including conditions precedent
8. Seller's Warranties: Warranties regarding the partnership interest, business, and authority to sell
9. Purchaser's Warranties: Warranties regarding authority to purchase and financial capacity
10. Partnership Consent and Requirements: Required partnership approvals and compliance with partnership agreement
11. Confidentiality: Obligations regarding confidential information
12. Notices: Process for giving formal notices under the agreement
13. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and amendments
1. Foreign Investment Approval: Required when purchaser is a foreign entity requiring FIRB approval
2. Regulatory Approvals: Required when the transfer needs specific regulatory approvals
3. Employee Matters: Include when the purchase affects employment arrangements
4. Intellectual Property: Required when significant IP assets are involved in the partnership
5. Tax Matters: Detailed tax provisions when complex tax implications exist
6. Environmental Matters: Include for partnerships involving environmental risks or obligations
7. Restraint of Trade: Include when restricting seller's future business activities
8. Third Party Consents: Required when material contracts need third party approval for transfer
1. Partnership Interest Details: Detailed description of the partnership interest being transferred
2. Purchase Price Calculation: Formula and mechanisms for calculating the final purchase price
3. Partnership Assets: List of material partnership assets
4. Encumbrances: List of any encumbrances on the partnership interest
5. Required Consents: List of required third party and regulatory consents
6. Completion Obligations: Detailed checklist of completion requirements and documents
7. Warranties: Detailed warranties and any warranty limitations
8. Partnership Agreement: Copy of the current partnership agreement
9. Due Diligence Results: Summary of due diligence findings and outstanding matters
Agreed Form
Associates
Business
Business Day
Claim
Completion
Completion Date
Conditions Precedent
Confidential Information
Consideration
Encumbrance
FIRB
FIRB Approval
General Partner
Governmental Agency
GST
GST Act
Insolvency Event
Intellectual Property Rights
Limited Partner
Limited Partnership
Limited Partnership Agreement
Limited Partnership Interest
Loss
Material Adverse Change
Material Contracts
Notice
Partnership Assets
Partnership Capital Account
Partnership Income
Partnership Liabilities
Partnership Property
Partnership Records
Permitted Encumbrance
Purchase Price
Purchaser
Purchaser Group
Purchaser Warranties
Related Body Corporate
Related Party
Relevant Interest
Representatives
Seller
Seller Group
Seller Warranties
Tax
Tax Authority
Tax Law
Third Party Consent
Transaction Documents
Transfer
Warranties
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Pre-Completion Obligations
Completion
Post-Completion Obligations
Partnership Consents
Regulatory Approvals
FIRB Approval
Due Diligence
Warranties
Representations
Indemnities
Tax Matters
GST
Confidentiality
Non-Competition
Non-Solicitation
Third Party Consents
Partnership Assets
Partnership Interests
Partnership Records
Intellectual Property
Employee Matters
Restraint of Trade
Default
Termination
Force Majeure
Assignment
Notices
Costs and Stamp Duty
Dispute Resolution
Governing Law
General Provisions
Private Equity
Venture Capital
Real Estate
Professional Services
Investment Management
Financial Services
Infrastructure
Mining and Resources
Agriculture
Technology
Healthcare
Manufacturing
Legal
Finance
Corporate Development
Tax
Compliance
Investment
Due Diligence
Treasury
Risk Management
Corporate Secretariat
Legal Counsel
Corporate Lawyer
Partnership Manager
Investment Director
Chief Financial Officer
Managing Partner
Corporate Development Manager
Due Diligence Manager
Tax Director
Compliance Officer
Investment Manager
Transaction Manager
General Counsel
Finance Director
Business Development Director
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