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1. Parties: Identification and details of the seller and purchaser, including their legal names, addresses, and registration details if applicable
2. Background: Context of the transaction, brief description of the goods/property being sold, and the intention of the parties to enter into the sale transaction
3. Definitions: Definitions of key terms used throughout the agreement to ensure clarity and consistent interpretation
4. Subject Matter of Sale: Detailed description of the goods/property being sold, including specifications, quantity, and quality standards
5. Purchase Price: The agreed purchase price, payment terms, method of payment, and payment schedule if applicable
6. Delivery Terms: Timing, location, and method of delivery, including transfer of possession and risk
7. Title and Risk: Provisions regarding transfer of ownership, warranties of title, and allocation of risk
8. Representations and Warranties: Statements and guarantees made by both parties regarding the subject matter and their capacity to enter into the agreement
9. Inspection and Acceptance: Terms regarding buyer's right to inspect goods and acceptance procedures
10. Default and Remedies: Consequences of breach and available remedies to the non-defaulting party
11. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for dispute resolution
12. Notices: Process and addresses for serving formal notices under the agreement
13. Execution: Signature blocks and execution formalities
1. Condition Precedents: Conditions that must be satisfied before the agreement becomes effective, used for complex transactions
2. Insurance: Insurance requirements and responsibilities, particularly relevant for high-value goods or during transit
3. Intellectual Property Rights: Required when the sale involves goods with associated intellectual property rights
4. Confidentiality: Provisions for protecting confidential information, important in commercial transactions
5. Force Majeure: Provisions dealing with unforeseen circumstances preventing performance
6. Assignment: Rights and restrictions regarding transfer of rights under the agreement
7. Indemnification: Additional protection against specific risks or losses, used in higher-risk transactions
8. Anti-corruption: Compliance with anti-corruption laws, particularly important in commercial or international transactions
9. Dispute Resolution: Alternative dispute resolution mechanisms like arbitration or mediation
1. Schedule 1 - Product Specifications: Detailed technical specifications, drawings, or descriptions of the goods
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms, installments, and conditions if payment is not single lump sum
3. Schedule 3 - Delivery Schedule: Detailed timeline and logistics for delivery if multiple deliveries are involved
4. Schedule 4 - Quality Standards: Specific quality parameters, testing procedures, and acceptance criteria
5. Schedule 5 - Warranties and Guarantees: Detailed warranty terms, conditions, and guarantee certificates
6. Schedule 6 - Compliance Certificates: Copies of required regulatory or compliance certificates
7. Appendix A - Required Documents: List of documents to be provided by seller (e.g., origin certificates, test reports)
8. Appendix B - Form of Notices: Standard forms for various notices under the agreement
Applicable Law
Business Day
Closing
Closing Date
Conditions Precedent
Confidential Information
Consideration
Contract Price
Defect
Delivery Date
Delivery Location
Effective Date
Encumbrance
Force Majeure Event
Goods
GST
Indemnified Party
Indemnifying Party
Intellectual Property Rights
Losses
Material Adverse Effect
Notice
Party/Parties
Payment Terms
Purchase Order
Purchase Price
Quality Standards
Representatives
Seller's Warranties
Specifications
Tax/Taxes
Term
Territory
Third Party
Title Documents
Transaction
Transfer
Warranty Period
Working Hours
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Delivery
Title and Risk
Warranties and Representations
Quality Assurance
Inspection Rights
Conditions Precedent
Closing Conditions
Transfer of Ownership
Seller Obligations
Buyer Obligations
Intellectual Property
Confidentiality
Force Majeure
Termination
Default and Remedies
Indemnification
Insurance
Tax Matters
Notices
Assignment
Amendment
Severability
Entire Agreement
Governing Law
Dispute Resolution
Anti-corruption
Costs and Expenses
Further Assurance
Counterparts
Waiver
Third Party Rights
Manufacturing
Retail
Real Estate
Automotive
Industrial Equipment
Consumer Goods
Technology
Agriculture
Pharmaceuticals
Construction
Energy
Telecommunications
Mining
Textiles
Food and Beverage
Legal
Procurement
Sales
Finance
Operations
Compliance
Risk Management
Commercial
Supply Chain
Business Development
Administration
Corporate Secretarial
Procurement Manager
Sales Manager
Legal Counsel
Contract Manager
Business Development Manager
Commercial Director
Supply Chain Manager
Operations Manager
Chief Financial Officer
Compliance Officer
Risk Manager
General Manager
Managing Director
Company Secretary
Purchase Officer
Sales Executive
Legal Administrator
Business Owner
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