Agreement To Sell Template for Denmark

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Key Requirements PROMPT example:

Agreement To Sell

I need an Agreement to Sell for my manufacturing company to sell specialized industrial equipment to a Danish buyer, including warranties for the machinery and a phased delivery schedule starting March 2025.

Document background
The Agreement to Sell is a fundamental commercial document used in Danish business transactions to formalize the sale of goods, assets, or property. This agreement type is essential when parties need to document the terms and conditions of a sale transaction in compliance with Danish law. It is particularly important for significant transactions where clear documentation of the parties' rights and obligations is necessary. The agreement typically includes detailed provisions about the sale item, purchase price, payment terms, delivery arrangements, and warranties, all structured to comply with Danish legal requirements, including the Danish Sale of Goods Act. This document is commonly used in both business-to-business and business-to-consumer contexts, though the specific terms may vary depending on the transaction type and the parties involved.
Suggested Sections

1. Parties: Identification and details of the seller and buyer, including full legal names, registration numbers, and addresses

2. Background: Context of the sale and brief description of the transaction

3. Definitions: Definitions of key terms used throughout the agreement

4. Subject Matter of Sale: Detailed description of the item(s) being sold

5. Purchase Price: The agreed purchase price, payment terms, and payment method

6. Delivery: Terms and conditions of delivery, including timing and location

7. Transfer of Title and Risk: When and how ownership and risk transfer from seller to buyer

8. Seller's Representations and Warranties: Statements of fact and promises made by the seller about the sale item

9. Buyer's Representations and Warranties: Statements of fact and promises made by the buyer

10. Conditions Precedent: Conditions that must be satisfied before completion

11. Completion: Details of the completion process and requirements

12. Default and Remedies: Consequences of breach and available remedies

13. Governing Law and Jurisdiction: Confirmation of Danish law as governing law and jurisdiction for disputes

14. Notices: How formal communications between parties should be made

15. Signature: Execution blocks for all parties

Optional Sections

1. Due Diligence: Used when the sale requires preliminary investigation of the sale item

2. Intellectual Property Rights: Include when the sale involves transfer of IP rights

3. Employee Matters: Required when the sale involves transfer of employees

4. Real Estate Provisions: Include for sales involving real property

5. Environmental Matters: Include when environmental risks or compliance is relevant

6. Confidentiality: Include when sensitive information is exchanged

7. Non-Competition: Used when restricting seller's future competitive activities

8. Tax Matters: Include when specific tax arrangements or implications need addressing

9. Insurance: Include when specific insurance requirements apply to the sale

10. Force Majeure: Include when specific provisions for unforeseen events are needed

Suggested Schedules

1. Asset Schedule: Detailed list and description of all assets included in the sale

2. Excluded Assets: List of assets specifically excluded from the sale

3. Purchase Price Allocation: Breakdown of the purchase price across different assets

4. Due Diligence Results: Summary of due diligence findings and outstanding issues

5. Required Consents: List of third-party consents required for the sale

6. Encumbrances: List of any existing encumbrances on the sale items

7. Completion Checklist: List of actions required for completion

8. Property Details: Detailed description of any real estate included in the sale

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 legal definitions
Clauses
Relevant Industries

Retail

Manufacturing

Real Estate

Technology

Professional Services

Construction

Agriculture

Automotive

Energy

Healthcare

Hospitality

Industrial

Consumer Goods

Transportation

Mining

Telecommunications

Relevant Teams

Legal

Finance

Procurement

Sales

Commercial

Operations

Risk Management

Compliance

Business Development

Property Management

Corporate Affairs

Asset Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Commercial Director

Sales Manager

Procurement Manager

Business Development Manager

Contract Manager

Corporate Lawyer

Operations Manager

Risk Manager

Compliance Officer

Property Manager

Asset Manager

Finance Director

Managing 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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