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1. Parties: Identification of seller and purchaser with full legal names and addresses
2. Background: Context of the transaction and relationship between parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core terms of the sale including description of assets/goods and confirmation of sale
5. Purchase Price and Payment Terms: Detailed breakdown of purchase price and deferred payment structure
6. Delivery and Transfer of Risk: Terms regarding delivery of goods/assets and when risk passes to the purchaser
7. Seller's Warranties: Warranties regarding ownership, condition, and quality of goods/assets
8. Purchaser's Warranties: Warranties regarding financial capacity and commitment to payment schedule
9. Title and Ownership: Provisions regarding transfer of title and ownership rights
10. Security: Security arrangements for the deferred payments
11. Events of Default: Circumstances constituting default and consequences
12. Termination: Grounds and process for termination of the agreement
13. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction details
14. Notices: Process and requirements for formal communications between parties
15. General Provisions: Standard boilerplate clauses including assignment, amendments, and severability
1. Sharia Compliance Declaration: Required if the agreement needs explicit Sharia compliance certification
2. Insurance: Required if specific insurance arrangements are needed during the deferred payment period
3. Third Party Rights: Include if there are relevant third party interests or rights
4. Export/Import Requirements: Required for international transactions
5. Maintenance and Support: Include for sales of equipment or technology requiring ongoing support
6. Intellectual Property: Required if the sale involves any IP rights
7. Confidentiality: Include if sensitive commercial information is involved
8. Force Majeure: Optional clause for unforeseeable circumstances affecting performance
1. Schedule 1 - Description of Goods/Assets: Detailed description of items being sold
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment installments, dates, and amounts
3. Schedule 3 - Delivery Schedule: Timeline and requirements for delivery if complex or multiple deliveries
4. Schedule 4 - Form of Transfer Documentation: Template documents for transferring title
5. Schedule 5 - Security Documentation: Forms of any security documents required
6. Appendix A - Technical Specifications: Technical details of goods/assets if applicable
7. Appendix B - Condition Report: Initial condition report for valuable assets
8. Appendix C - Warranties: Detailed manufacturer or seller warranties if applicable
Asset
Business Day
Completion
Completion Date
Default Rate
Deferred Payment
Delivery
Delivery Date
Deposit
Due Date
Effective Date
Event of Default
Final Payment Date
Force Majeure
Governing Law
Installment
Installation
Interest
Late Payment Charges
Material Adverse Effect
Notices
Payment Date
Payment Schedule
Purchase Price
Purchaser
Security
Security Documents
Seller
Specifications
Term
Title
Transfer Date
UAE
UAE Dirham
Warranties
Recitals
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Delivery
Title Transfer
Security
Representations and Warranties
Conditions Precedent
Default
Termination
Force Majeure
Assignment
Confidentiality
Notices
Amendments
Severability
Entire Agreement
Governing Law
Dispute Resolution
Sharia Compliance
Insurance
Indemnification
Costs and Expenses
Further Assurance
Counterparts
Third Party Rights
Waiver
Manufacturing
Real Estate
Automotive
Industrial Equipment
Technology
Construction
Retail
Healthcare
Energy
Agriculture
Transportation
Islamic Finance
Legal
Finance
Commercial
Compliance
Treasury
Procurement
Sales
Risk Management
Islamic Banking
Credit
Operations
Business Development
Chief Financial Officer
Finance Director
Commercial Director
Legal Counsel
Compliance Officer
Treasury Manager
Procurement Manager
Sales Director
Risk Manager
Islamic Finance Specialist
Contract Manager
Business Development Manager
Credit Manager
Operations Director
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