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1. Parties: Identifies and provides full legal names and addresses of the seller and buyer
2. Background: Briefly describes the context of the sale and the parties' intention to enter into an 'as is' transaction
3. Definitions: Defines key terms used in the agreement, including 'as is' and any technical terms specific to the goods
4. Sale and Purchase: Describes the basic agreement to sell and purchase the goods in their current condition
5. Purchase Price and Payment: Specifies the purchase price, payment method, and payment terms
6. 'As Is' Condition and Disclaimer: Explicitly states that the goods are sold 'as is' and includes all necessary warranty disclaimers
7. Delivery and Transfer of Risk: Details the delivery arrangements and when risk passes to the buyer
8. Buyer's Acknowledgments: Contains buyer's confirmation of inspection opportunity and acceptance of condition
9. Entire Agreement: States that the written contract represents the complete agreement between parties
10. Governing Law: Specifies that Canadian law governs the agreement
11. Execution: Signature blocks and execution details
1. Inspection Period: Used when buyer is given a specific period to inspect the goods before finalizing the purchase
2. Condition Precedents: Include if there are any conditions that must be met before the sale becomes final
3. Security Interest: Required if seller is retaining any security interest in the goods
4. Insurance: Used when specifying insurance requirements during any transition period
5. Confidentiality: Include for sales involving sensitive information or trade secrets
6. Assignment: Include if either party needs the right to assign the contract
7. Dispute Resolution: Optional section specifying arbitration or mediation requirements
8. Severability: Include for longer contracts to ensure enforceability of remaining provisions if one is invalid
1. Schedule A - Description of Goods: Detailed description of the goods being sold, including any known defects or damage
2. Schedule B - Inspection Report: If available, third-party inspection report or condition assessment
3. Schedule C - Bill of Sale: Form of bill of sale to be executed at closing
4. Schedule D - Payment Schedule: If payment is in installments, detailed payment schedule
5. Schedule E - Delivery Details: Specific delivery instructions, locations, and timelines
6. Appendix 1 - Photographs: Visual documentation of the goods' condition at time of sale
7. Appendix 2 - Maintenance Records: If available, historical maintenance or repair records
As Is
Acceptance
Business Day
Closing
Closing Date
Condition Precedent
Confidential Information
Defect
Delivery
Delivery Date
Effective Date
Encumbrance
Goods
Governing Law
Inspection
Inspection Period
Known Defects
Latent Defects
Loss
Material Adverse Change
Party/Parties
Purchase Price
Representatives
Risk of Loss
Sale
Seller's Knowledge
Specifications
Term
Title
Transaction
Transfer Date
Visible Defects
Warranties
Working Hours
Recitals
Definitions
Sale and Purchase
As Is Condition
Warranty Disclaimer
Purchase Price
Payment Terms
Delivery
Risk Transfer
Title Transfer
Inspection Rights
Acceptance
Representations
Liability Limitation
Indemnification
Force Majeure
Confidentiality
Assignment
Termination
Dispute Resolution
Governing Law
Entire Agreement
Severability
Notices
Amendment
Waiver
Counterparts
Time of Essence
Further Assurances
Survival
Manufacturing
Retail
Automotive
Industrial Equipment
Construction
Agriculture
Technology
Real Estate
Machinery and Equipment
Surplus Asset Management
Used Goods Retail
Heavy Industry
Fleet Management
Warehouse and Logistics
Legal
Procurement
Sales
Operations
Risk Management
Asset Management
Finance
Commercial
Supply Chain
Facilities Management
Contract Administration
Procurement Manager
Asset Manager
Sales Director
Contract Administrator
Legal Counsel
Risk Manager
Operations Manager
Fleet Manager
Equipment Manager
Inventory Controller
Business Development Manager
Commercial Director
Facilities Manager
Disposal Officer
Purchasing Agent
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