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The Fixed Sum Credit Agreement is designed for use in Ireland where a lender provides a specific amount of credit to a borrower for a fixed term. This document is essential for compliance with the Irish Consumer Credit Act 1995 and related EU directives, providing a clear framework for both lender and borrower. It details the credit amount, repayment terms, interest rates, and all associated costs, while incorporating mandatory consumer protection provisions. The agreement is suitable for various lending scenarios, from personal loans to specific purpose financing, and includes all necessary disclosures required by Irish financial regulations. It ensures transparency in the lending relationship and provides security for both parties while maintaining compliance with Irish consumer protection laws.

1. Parties: Identification of the credit provider and the borrower with full legal names and addresses

2. Background: Context of the agreement and confirmation that this is a fixed sum credit agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. The Credit Facility: Details of the credit amount, purpose, and key financial terms including APR

5. Repayment Terms: Schedule of repayments, payment methods, and dates

6. Interest and Charges: Breakdown of interest calculation, fees, and other charges

7. Borrower's Representations and Warranties: Confirmations and promises made by the borrower regarding their circumstances

8. Conditions Precedent: Conditions that must be satisfied before the credit is provided

9. Events of Default: Circumstances that constitute default and consequences

10. Early Repayment: Terms and conditions for early repayment as required by consumer credit regulations

11. Notices: How formal communications between parties should be made

12. General Provisions: Standard contractual provisions including governing law and jurisdiction