Document background
A Conditional Share Purchase Agreement is a fundamental document in corporate acquisitions under Irish law, used when parties wish to agree to the sale and purchase of shares subject to certain conditions being fulfilled before completion occurs. These conditions typically include regulatory approvals, third-party consents, or specific business performance targets. The agreement comprehensively details the transaction structure, including purchase price mechanisms, warranties about the business, indemnities, and both pre- and post-completion obligations. It's particularly crucial in regulated industries or complex transactions where various approvals or conditions must be satisfied before the share transfer can complete. The document must comply with Irish company law requirements and often incorporates specific provisions required by Irish market practice.
