Livestock Purchase Agreement Template for Indonesia

The Livestock Purchase Agreement is essential for formalizing transactions involving the sale and purchase of livestock in Indonesia. This document is typically used when businesses, farmers, or individuals engage in significant livestock transactions, ensuring compliance with Indonesian regulations including Law No. 18/2009 on Animal Husbandry and Animal Health. It's particularly important as it addresses critical aspects such as animal health certifications, ownership transfer, delivery conditions, and warranty terms. The agreement helps manage risks associated with livestock transactions while ensuring adherence to local animal welfare standards and public health requirements. It can be customized based on the type of livestock, transaction scale, and specific requirements of the parties involved, while maintaining compliance with Indonesian legal frameworks.

1. Parties: Identification of the seller and buyer, including complete legal names, addresses, and registration numbers if applicable

2. Background: Context of the agreement, including the seller's authority to sell the livestock and buyer's intention to purchase

3. Definitions: Key terms used throughout the agreement, including specific livestock terminology and industry standards

4. Subject Matter of Sale: Detailed description of the livestock being sold, including species, breed, quantity, age, and identifying characteristics

5. Purchase Price and Payment Terms: The agreed price, payment schedule, and method of payment

6. Delivery and Transfer of Risk: Terms regarding delivery location, timing, transportation requirements, and when risk transfers to the buyer

7. Seller's Representations and Warranties: Guarantees regarding livestock health, ownership, compliance with regulations, and absence of encumbrances

8. Health and Documentation Requirements: Required health certificates, vaccination records, and other regulatory documentation

9. Inspection and Acceptance: Buyer's rights to inspect livestock and procedures for accepting or rejecting delivery

10. Force Majeure: Provisions for circumstances beyond parties' control affecting performance

11. Termination: Conditions under which the agreement may be terminated and consequences

12. Governing Law and Dispute Resolution: Specification of Indonesian law as governing law and dispute resolution procedures

13. General Provisions: Standard clauses including notices, amendments, and entire agreement provisions