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Addendum To Agreement Of Sale
"I need an Addendum to Agreement of Sale to modify the purchase price and delivery schedule for our industrial equipment sale contract, increasing the price by 15% and extending the delivery deadline to March 15, 2025, while keeping all other original terms unchanged."
1. Parties: Identification of all parties to the original Agreement of Sale, maintaining the same names and details as in the original agreement
2. Background: Reference to the original Agreement of Sale, including its date and subject matter, and brief explanation of why the addendum is needed
3. Definitions: Key terms used in the addendum, including reference to definitions in the original agreement that remain applicable
4. Reference to Original Agreement: Specific citation of the original agreement sections being modified or supplemented
5. Modifications: Clear and specific details of all changes, additions, or deletions to the original agreement
6. Effect on Original Agreement: Statement confirming that all other provisions of the original agreement remain in full force and effect
7. Effective Date: Specification of when the modifications take effect
8. Governing Law: Confirmation that the addendum is governed by Belgian law, consistent with the original agreement
9. Execution: Signature blocks for all parties
1. Additional Representations and Warranties: Include if new representations or warranties are needed specific to the modifications
2. Price Adjustments: Include if the addendum involves changes to the original purchase price
3. Timeline Modifications: Include if delivery dates or other timeline-related terms are being modified
4. Consent Requirements: Include if third-party consents are needed for the modifications
5. Regulatory Compliance: Include if modifications require additional regulatory compliance statements
6. Assignment: Include if the addendum involves any transfer of rights or obligations
1. Schedule A - Modified Terms: Detailed listing of specific terms being modified, showing both original and new language
2. Schedule B - Revised Pricing: If applicable, detailed breakdown of any price changes or new pricing structures
3. Schedule C - Updated Timeline: If applicable, revised delivery or performance schedules
4. Appendix 1 - Required Consents: Copies of any required third-party consents or approvals
5. Appendix 2 - Supporting Documentation: Any additional documentation supporting or required for the modifications
Authors
Effective Date
Amendment Date
Modified Terms
Unchanged Terms
Parties
Additional Consideration
Revised Purchase Price
Modified Delivery Date
Modified Specifications
Supplemental Terms
Modification Period
Amended Schedule
Consent Documents
Governing Law
Revised Payment Terms
Amendment Notice
Modification Effective Date
Surviving Provisions
Related Documents
Interpretation
Amendment
Reference to Original Agreement
Modification of Terms
Price Adjustment
Delivery Terms
Payment Terms
Warranties
Force Majeure
Performance Obligations
Term and Termination
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Counterparts
Authority
Compliance with Laws
Further Assurance
Costs
Third Party Rights
Registration Requirements
Real Estate
Manufacturing
Retail
Wholesale
Technology
Automotive
Construction
Agriculture
Energy
Professional Services
Healthcare
Industrial Equipment
Consumer Goods
Telecommunications
Legal
Sales
Procurement
Finance
Compliance
Business Development
Contract Administration
Risk Management
Commercial Operations
Corporate Governance
Legal Counsel
Contract Manager
Sales Director
Procurement Manager
Business Development Manager
Commercial Director
Chief Financial Officer
Chief Legal Officer
Sales Operations Manager
Account Executive
Corporate Lawyer
Compliance Officer
General Counsel
Transaction Manager
Risk Manager
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