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1. Parties: Identification of seller and buyer with full legal names, addresses, and registration details
2. Background: Context of the sale, brief description of the goods, and purpose of the installment arrangement
3. Definitions: Key terms used throughout the agreement including 'Goods', 'Installments', 'Payment Schedule', 'Delivery Date'
4. Sale and Purchase: Core terms of the sale including description of goods, total purchase price, and confirmation of sale
5. Payment Terms: Details of installment structure, payment amounts, dates, and method of payment
6. Delivery and Acceptance: Terms regarding delivery of goods, inspection rights, and acceptance procedures
7. Title and Risk: Provisions regarding transfer of ownership, retention of title until full payment, and risk allocation
8. Seller's Warranties: Warranties regarding goods' quality, condition, and fitness for purpose
9. Buyer's Obligations: Key responsibilities including making timely payments and maintaining goods
10. Default and Remedies: Consequences of payment default, repossession rights, and other remedies
11. Insurance: Requirements for insurance coverage of goods during the installment period
12. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction for disputes
13. Notices: Process for formal communications between parties
14. Execution: Signature blocks and execution formalities
1. Security Arrangements: Additional security measures such as guarantees or collateral, used for high-value transactions
2. Assignment Rights: Rights to assign the contract, particularly relevant for commercial transactions
3. Maintenance and Servicing: For goods requiring regular maintenance or servicing during the installment period
4. Early Payment Provisions: Terms for early settlement of installments, including any applicable discounts
5. Import/Export Provisions: For international sales requiring customs clearance and compliance
6. Installation Services: When the goods require professional installation or setup
7. Training and Support: For complex equipment requiring user training or ongoing support
1. Schedule 1 - Description of Goods: Detailed technical specifications, quantities, and characteristics of the goods
2. Schedule 2 - Payment Schedule: Detailed breakdown of installment amounts, due dates, and payment methods
3. Schedule 3 - Delivery Schedule: Specific delivery dates, locations, and special handling requirements
4. Schedule 4 - Warranty Terms: Detailed warranty conditions, exclusions, and claim procedures
5. Schedule 5 - Insurance Requirements: Specific insurance coverage requirements and minimum coverage amounts
6. Appendix A - Document Requirements: List of required documents for transfer of title and registration
7. Appendix B - Maintenance Schedule: Required maintenance procedures and schedules (if applicable)
Applicable Law
Business Day
Buyer
Completion Date
Confidential Information
Default Event
Default Interest
Delivery Date
Delivery Location
Down Payment
Effective Date
Force Majeure Event
Goods
Installment Payment
Installment Period
Insurance Requirements
Interest Rate
Late Payment Charges
Maintenance Requirements
Notice
Outstanding Balance
Payment Date
Payment Schedule
Purchase Price
Registration Documents
Seller
Security Interest
Specifications
Term
Title Documents
Total Purchase Price
Transfer Date
Warranty Period
Working Hours
Payment Terms
Title Retention
Delivery
Risk Transfer
Warranties
Default
Remedies
Security Interest
Insurance
Maintenance
Registration
Representations
Force Majeure
Assignment
Confidentiality
Notices
Early Termination
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendment
Waiver
Further Assurance
Costs
Third Party Rights
Counterparts
Language
Compliance with Laws
Automotive
Heavy Equipment
Industrial Machinery
Construction Equipment
Consumer Electronics
Furniture and Home Furnishings
Medical Equipment
Manufacturing Equipment
Agricultural Equipment
Real Estate
Retail
Technology
Legal
Finance
Sales
Commercial
Compliance
Risk Management
Operations
Credit Control
Business Development
Contract Administration
Commercial Director
Sales Manager
Legal Counsel
Contract Manager
Finance Manager
Credit Controller
Business Development Manager
Compliance Officer
Risk Manager
Operations Manager
Chief Financial Officer
Sales Director
General Counsel
Account Manager
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