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Credit Sale Agreements are essential documents used in Irish commerce when goods are sold on credit terms, combining elements of both a sale contract and a credit agreement. This document type is commonly used by retailers, equipment suppliers, and other businesses selling high-value items where customers require financing. The agreement must strictly comply with Irish consumer protection legislation, particularly the Consumer Credit Act 1995 and European Union (Consumer Credit Agreements) Regulations 2010. A Credit Sale Agreement typically includes detailed specifications of the goods, credit terms including APR calculations, payment schedules, and mandatory consumer protection provisions required under Irish law. It's distinct from a hire purchase agreement as title passes to the purchaser at the time of sale, though the debt remains secured against the goods.

1. Parties: Identifies the credit provider/seller and the purchaser/borrower with full legal names and addresses

2. Background: Explains the context of the agreement - that the seller agrees to sell and the purchaser wishes to buy goods on credit terms

3. Definitions: Defines key terms used throughout the agreement including 'Goods', 'Credit Amount', 'Payment Terms', 'APR'

4. Sale and Purchase: Details the agreement to sell and purchase the goods, including description and price

5. Credit Terms: Specifies the credit amount, interest rate, APR, total amount payable, and duration of the agreement

6. Payment Terms: Sets out payment schedule, method of payment, and consequences of late or missed payments

7. Delivery and Title: Specifies delivery arrangements and when title passes to the purchaser

8. Warranties and Representations: Contains warranties about the goods and representations by both parties

9. Default and Termination: Describes events of default and termination rights

10. Consumer Rights: Outlines statutory rights under Irish consumer protection law

11. Data Protection: Addresses GDPR compliance and data processing

12. Governing Law: Specifies Irish law as governing law and jurisdiction