The Sale of Equipment Contract is a crucial legal document used in Irish business transactions for the purchase and sale of industrial, commercial, or specialized equipment. This contract type is essential when organizations need to document the transfer of ownership of significant equipment assets, ensuring compliance with Irish commercial law and relevant EU regulations. The document typically includes detailed specifications of the equipment, pricing structures, delivery terms, warranty provisions, and after-sale services. It's particularly important for protecting both parties' interests in high-value equipment transactions and ensuring clarity on technical requirements, performance standards, and liability limitations. The agreement should be tailored to comply with Irish legal requirements while addressing specific industry standards and safety regulations applicable to the equipment being sold.

1. Parties: Identification of seller and buyer with full legal names and addresses

2. Background: Context of the sale and brief description of the parties' intentions

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

4. Equipment Description: General description of the equipment being sold, referring to detailed specifications in schedule

5. Price and Payment Terms: Purchase price, payment schedule, and payment methods

6. Delivery and Installation: Terms regarding delivery, timing, location, and installation requirements

7. Title and Risk: When title passes to buyer and risk allocation during transit and after delivery

8. Warranties and Representations: Warranties regarding equipment quality, fitness for purpose, and performance guarantees

9. Inspection and Acceptance: Buyer's rights to inspect equipment and acceptance procedures

10. Seller's Obligations: Key obligations including delivery, installation, training if applicable

11. Buyer's Obligations: Key obligations including payment, site preparation, access provision

12. Limitation of Liability: Limits on seller's liability and exclusions

13. Term and Termination: Duration of agreement and circumstances for termination

14. Force Majeure: Provisions for unforeseen circumstances preventing performance

15. Governing Law and Jurisdiction: Confirmation of Irish law governance and jurisdiction

16. General Provisions: Standard boilerplate clauses including notices, entire agreement, etc.