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1. Parties: Identifies and provides full details of the buyer and seller, including legal names, addresses, and ACN/ABN if applicable
2. Background: Outlines the context of the agreement and the parties' intention to enter into a buy and sell arrangement
3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation
4. Subject Matter of Sale: Detailed description of the goods/property being sold, including specifications, quantity, and condition
5. Purchase Price: Specifies the agreed purchase price, payment terms, and method of payment
6. GST: Addresses GST implications and requirements for the transaction
7. Completion: Details of when and how the sale will be completed, including delivery or transfer arrangements
8. Warranties and Representations: Standard warranties provided by both parties regarding their capacity to enter the agreement and the condition of goods
9. Risk and Title: Specifies when risk and ownership transfers from seller to buyer
10. Default and Termination: Consequences of breach and circumstances under which the agreement can be terminated
11. Dispute Resolution: Process for resolving any disputes that arise between the parties
12. General Provisions: Standard boilerplate clauses including notices, governing law, and entire agreement
13. Execution: Formal signing section including date and witness requirements
1. Due Diligence: Used when the buyer requires a period to investigate the goods/property before finalizing the purchase
2. Conditions Precedent: Include when completion is subject to specific conditions being met
3. Intellectual Property: Required when the sale includes IP rights or licenses
4. Employee Matters: Relevant when the sale involves transfer of employees or employment obligations
5. Confidentiality: Important when sensitive information is exchanged during the transaction
6. Non-Competition: Include when restrictions on future competition are required
7. Environmental Matters: Necessary when environmental risks or compliance issues are relevant to the sale
8. Insurance: Include when specific insurance requirements need to be maintained by either party
9. Finance Arrangements: Required when the purchase is subject to financing conditions
1. Schedule 1 - Asset Register: Detailed listing of all assets included in the sale
2. Schedule 2 - Excluded Assets: List of specific items excluded from the sale
3. Schedule 3 - Purchase Price Allocation: Breakdown of how the purchase price is allocated across different assets
4. Schedule 4 - Encumbrances: List of any existing encumbrances on the assets being sold
5. Schedule 5 - Completion Checklist: List of tasks and documents required for completion
6. Appendix A - Form of Transfer: Standard form for transferring ownership of assets
7. Appendix B - Condition Report: Detailed report on the condition of assets being sold
8. Appendix C - Required Consents: List of third-party consents required for the sale
Sale and Purchase
Purchase Price
Payment Terms
GST
Conditions Precedent
Due Diligence
Completion
Pre-Completion Obligations
Post-Completion Obligations
Risk and Title
Warranties
Representations
Indemnities
Confidentiality
Intellectual Property
Assignment
Force Majeure
Default
Termination
Dispute Resolution
Notices
Non-Competition
Employee Matters
Environmental Compliance
Insurance
Security
Third Party Rights
Further Assurance
Costs
Amendments
Severability
Waiver
Entire Agreement
Governing Law
Jurisdiction
Retail
Manufacturing
Real Estate
Technology
Agriculture
Mining
Professional Services
Construction
Automotive
Healthcare
Hospitality
Transportation
Wholesale Trade
Small Business
Legal
Finance
Operations
Procurement
Sales
Compliance
Risk Management
Commercial
Business Development
Executive Leadership
Chief Executive Officer
Chief Financial Officer
Commercial Director
Legal Counsel
Contract Manager
Business Development Manager
Operations Manager
Procurement Manager
Sales Director
Company Secretary
Finance Manager
Risk Manager
Compliance Officer
Business Owner
Managing Director
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