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1. Parties: Identifies and provides full details of the seller and buyer
2. Background: Contextual information about the sale and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement
4. Sale and Purchase: Details the transfer of ownership and confirms the seller's right to sell
5. Purchase Price: Specifies the total purchase price and payment structure
6. Payment Terms: Details the payment schedule, installment amounts, and payment methods
7. Security Interest: Establishes the seller's security interest in the property until full payment
8. Delivery and Transfer: Specifies when and how the property will be delivered and ownership transferred
9. Representations and Warranties: Seller's guarantees about the property's condition and ownership
10. Risk and Insurance: Determines when risk passes to the buyer and insurance requirements
11. Default and Remedies: Outlines what constitutes default and the available remedies
12. General Provisions: Standard legal provisions including notices, amendments, and governing law
1. Condition Precedent: Used when the sale is subject to specific conditions being met before completion
2. Inspection Rights: Included when the buyer has the right to inspect the property before completion
3. Trade-In Details: Required when the transaction includes a trade-in as part of the payment
4. Co-Signer Provisions: Needed when a third party is guaranteeing the payments
5. Registration Rights: Included for items requiring official registration (e.g., vehicles)
6. Maintenance Requirements: Used when ongoing maintenance is required to maintain warranty or security interest
7. Return Rights: Included when specific return or exchange rights are granted
1. Schedule A - Property Description: Detailed description of the property being sold, including serial numbers, conditions, and specifications
2. Schedule B - Payment Schedule: Detailed breakdown of payment dates, amounts, and interest calculations
3. Schedule C - Condition Report: Detailed report of the property's condition at time of sale
4. Schedule D - Transfer Documents: Additional documentation required for transfer of ownership
5. Appendix 1 - Warranty Terms: Detailed warranty terms and conditions if applicable
6. Appendix 2 - Insurance Requirements: Specific insurance requirements and minimum coverage details
Property
Purchase Price
Down Payment
Installment Payment
Payment Date
Interest Rate
Default Rate
Security Interest
Encumbrance
Closing Date
Delivery Date
Transfer Documents
Business Day
Condition Precedent
Event of Default
Secured Obligations
Warranties
Force Majeure
Applicable Law
Registration
Permitted Use
Insurance Requirements
Notice
Remedies
Title Documents
Security Agreement
Governing Law
Effective Date
Material Adverse Change
Representations
Assignment
Perfection
PPSA
Recitals
Definitions
Sale and Purchase
Property Description
Purchase Price
Payment Terms
Security Interest
Title Transfer
Delivery
Representations and Warranties
Risk of Loss
Insurance
Default
Remedies
Registration
Assignment
Notices
Further Assurances
Entire Agreement
Severability
Governing Law
Force Majeure
Amendment
Waiver
Counterparts
Time of Essence
Survival
Indemnification
Dispute Resolution
Costs and Expenses
Confidentiality
Third Party Rights
Automotive
Manufacturing
Equipment and Machinery
Marine
Agriculture
Construction
Retail
Real Estate
Transportation
Industrial Equipment
Technology Hardware
Legal
Finance
Sales
Credit and Collections
Risk Management
Operations
Compliance
Commercial
Procurement
Asset Management
Legal Counsel
Contract Manager
Finance Manager
Sales Manager
Credit Manager
Risk Manager
Business Development Manager
Operations Manager
Compliance Officer
Commercial Director
Fleet Manager
Asset Manager
Procurement Manager
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