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1. Parties: Identification and details of the parties entering into the contract
2. Background: Context of the agreement and the relationship between the parties
3. Definitions: Definitions of key terms used throughout the contract
4. Scope of Supply/Services: Detailed description of goods/services to be provided under the contract
5. Advance Payment Terms: Amount, timing, and method of advance payment
6. Delivery Terms: Timeline, location, and conditions for delivery of goods/services
7. Security Provisions: Basic security measures such as advance payment guarantee or bank guarantee
8. Rights and Obligations: Detailed responsibilities and rights of both parties
9. Risk and Title: Transfer of risk and ownership provisions
10. Warranties and Representations: Standard warranties regarding capacity to contract and quality of goods/services
11. Default and Remedies: Consequences of default and available remedies
12. Force Majeure: Provisions for unforeseen circumstances affecting contract performance
13. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction details
14. Notices: Process and addresses for formal communications between parties
15. Boilerplate Clauses: Standard clauses including severability, entire agreement, and amendments
1. International Payment Terms: Required for contracts involving cross-border transactions, including currency specifications and exchange rate provisions
2. Additional Security Arrangements: For high-value contracts requiring extra security measures like escrow arrangements
3. Quality Control and Inspection: For contracts involving manufactured goods or specific quality requirements
4. Intellectual Property Rights: When the contract involves transfer or use of intellectual property
5. Confidentiality: For contracts involving sensitive information or trade secrets
6. Insurance: When specific insurance requirements need to be maintained by either party
7. Step-in Rights: For complex projects where one party may need to take over certain obligations
8. Dispute Resolution: Alternative dispute resolution mechanisms like arbitration or mediation
1. Schedule 1 - Payment Schedule: Detailed breakdown of advance payment amounts, installments, and timing
2. Schedule 2 - Technical Specifications: Detailed specifications of goods or services to be provided
3. Schedule 3 - Delivery Schedule: Detailed timeline for delivery or completion of services
4. Schedule 4 - Form of Advance Payment Guarantee: Template for the bank guarantee or other security instrument
5. Schedule 5 - Quality Standards: Specific quality requirements and testing procedures
6. Appendix A - Contact Details: List of key contacts and their details for both parties
7. Appendix B - Required Documentation: List of documents required for processing advance payment and deliveries
Advance Payment Guarantee
Agreement
Applicable Law
Bank Guarantee
Business Day
Commencement Date
Completion
Confidential Information
Contract Price
Defect
Delivery
Delivery Date
Delivery Location
Effective Date
Force Majeure Event
Goods
Guaranteed Amount
Intellectual Property Rights
Interest Rate
Milestone
Notice
Party/Parties
Payment Schedule
Performance Security
Project
Purchase Order
Quality Standards
Refund
Representatives
Schedule
Security Interest
Services
Specifications
Substantial Completion
Technical Documentation
Term
Territory
Testing
Warranty Period
Work
Advance Payment
Bank Guarantee
Security
Delivery
Risk and Title
Force Majeure
Representations and Warranties
Default
Termination
Governing Law
Dispute Resolution
Confidentiality
Assignment
Notices
Indemnification
Insurance
Performance Obligations
Quality Assurance
Inspection and Testing
Documentation
Intellectual Property
Compliance with Laws
Anti-Corruption
Amendment
Waiver
Severability
Entire Agreement
Counterparts
Time of Essence
Liability
Subcontracting
Records and Audit
Remedy
Currency and Payment Method
Third Party Rights
Set-off
Survival
Manufacturing
Construction
International Trade
Heavy Industries
Infrastructure
Technology and Software
Industrial Equipment
Engineering Services
Automotive
Aerospace and Defense
Renewable Energy
Telecommunications
Mining and Resources
Legal
Finance
Procurement
Commercial
Operations
Risk Management
Treasury
Compliance
Supply Chain
Project Management
Contract Administration
Procurement Manager
Contract Manager
Legal Counsel
Chief Financial Officer
Commercial Director
Project Manager
Supply Chain Manager
Finance Manager
Business Development Manager
Operations Manager
Risk Manager
Treasury Manager
Company Secretary
Compliance Officer
General Counsel
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