Amendment To Purchase Agreement Template for Germany

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Key Requirements PROMPT example:

Amendment To Purchase Agreement

I need an Amendment to Purchase Agreement under German law to modify our existing machinery supply agreement dated January 15, 2025, specifically to increase the purchase price by 15% and adjust delivery terms from monthly to quarterly deliveries.

Document background
The Amendment To Purchase Agreement is a critical legal document used when parties need to modify terms of their existing Purchase Agreement without creating an entirely new contract. Under German law, such amendments must comply with specific provisions of the Bürgerliches Gesetzbuch (BGB), particularly regarding contract modifications and form requirements. This document is typically employed when circumstances necessitate changes to price, delivery terms, specifications, or other contractual provisions. The Amendment To Purchase Agreement must maintain consistency with the original agreement while clearly delineating which terms are being modified, added, or removed. It's particularly important in commercial relationships where ongoing adjustments to trading terms are necessary, and it requires careful consideration of both the civil law requirements and commercial practices in Germany.
Suggested Sections

1. Parties: Identification of all parties to the amendment, matching those in the original Purchase Agreement

2. Background: Reference to the original Purchase Agreement, including its date and purpose, and the reason for this amendment

3. Definitions: Key terms used in the amendment, including reference to definitions from the original agreement that remain applicable

4. Amendment Details: Specific modifications to the original agreement, clearly stating which provisions are being amended, deleted, or added

5. Continued Validity: Confirmation that all other terms of the original agreement remain in full force and effect

6. Effective Date: The date when the amendment becomes effective

7. Governing Law: Confirmation of German law as the governing law, consistent with the original agreement

8. Execution: Signature blocks for all parties, including date and place of signing

Optional Sections

1. Consideration: Required if there are any changes to the purchase price or payment terms

2. Representations and Warranties: Include if new representations or warranties are needed due to the amendment

3. Compliance with Original Agreement: Detailed section on how the amendment complies with any amendment provisions in the original agreement

4. Third Party Consents: Include if the amendment requires approval from any third parties

5. Integration Clause: Include if multiple amendments exist to clarify the hierarchy of documents

6. Notice Provisions: Include if there are changes to contact information or notice requirements

Suggested Schedules

1. Schedule of Amended Provisions: Detailed comparison showing original text and amended text of modified provisions

2. Updated Price List: If the amendment involves changes to pricing or payment terms

3. Consent Documents: Copies of any required third-party consents or approvals

4. Amended Technical Specifications: If the amendment involves changes to technical requirements or specifications

5. Power of Attorney: If signatories are acting under power of attorney, copies of authorization documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Manufacturing

Retail

Technology

Automotive

Industrial Equipment

Consumer Goods

Energy

Chemical

Pharmaceuticals

Real Estate

Construction

Agriculture

Food and Beverage

Relevant Teams

Legal

Procurement

Sales

Finance

Compliance

Operations

Supply Chain

Commercial

Business Development

Contract Administration

Relevant Roles

Legal Counsel

Contract Manager

Procurement Manager

Sales Director

Commercial Director

Business Development Manager

Chief Financial Officer

Compliance Officer

Supply Chain Manager

Account Executive

General Manager

Operations Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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