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1. Parties: Identifies and provides full details of the seller and buyer, including legal names, addresses, and registration details if applicable
2. Background: Provides context for the agreement and briefly describes the transaction and intention of the parties
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Sale and Purchase: Details the core transaction, including description of goods/property being sold
5. Purchase Price: Specifies the total purchase price and payment structure
6. Payment Plan: Details the installment schedule, payment amounts, due dates, and payment methods
7. Interest and Late Payments: Specifies interest rates, late payment penalties, and consequences of default
8. Delivery Terms: Outlines the delivery schedule, method, and responsibilities
9. Title and Risk: Specifies when ownership transfers and who bears risk during various stages
10. Warranties and Representations: Lists warranties provided by both parties regarding the sale
11. Default and Remedies: Describes events of default and available remedies
12. Termination: Specifies conditions and process for terminating the agreement
13. Governing Law and Jurisdiction: Establishes applicable law and jurisdiction for disputes
14. Notices: Specifies how formal communications between parties should be made
15. General Provisions: Includes standard boilerplate clauses like severability, entire agreement, etc.
1. Security Arrangements: Used when additional security or collateral is required for the payment plan
2. Insurance: Required when specific insurance coverage needs to be maintained during the payment period
3. Inspection Rights: Included when the buyer needs rights to inspect goods during the payment period
4. Maintenance and Support: Relevant for technical equipment or machinery sales requiring ongoing support
5. Third-Party Rights: Needed when third parties have interests or rights in the transaction
6. Confidentiality: Important for business-to-business sales involving sensitive information
7. Force Majeure: Optional but recommended for high-value sales with extended payment periods
8. Assignment Rights: Included when either party needs the right to assign the agreement
1. Schedule 1 - Product Specifications: Detailed description of goods/property being sold
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment installments, dates, and amounts
3. Schedule 3 - Delivery Schedule: Detailed timeline for delivery of goods/property
4. Schedule 4 - Warranty Terms: Detailed warranty terms and conditions
5. Schedule 5 - Technical Specifications: Technical details and requirements for goods being sold
6. Appendix A - Required Documents: List of documents required from each party
7. Appendix B - Quality Standards: Applicable quality standards and certifications
8. Appendix C - Contact Details: Key contact persons and their details for both parties
Applicable Law
Business Day
Buyer
Closing Date
Commencement Date
Confidential Information
Default Event
Default Interest
Default Notice
Delivery Date
Delivery Location
Down Payment
Due Date
Effective Date
Encumbrance
Force Majeure Event
Goods
Guarantor
Installment Amount
Installment Payment
Interest Rate
Late Payment Fee
Material Adverse Effect
Notice
Outstanding Balance
Parties
Payment Plan
Payment Schedule
Purchase Price
Regulatory Authority
Related Party
Relevant Documents
Security Interest
Seller
Specifications
Term
Title Documents
Transaction Documents
Warranty Period
Payment Terms
Payment Plan
Interest Rate
Default and Remedies
Security Interest
Title Transfer
Risk of Loss
Delivery
Acceptance
Warranties
Representations
Force Majeure
Confidentiality
Assignment
Indemnification
Insurance
Inspection Rights
Notice Requirements
Governing Law
Dispute Resolution
Termination
Amendment
Severability
Entire Agreement
Further Assurance
Counterparts
Time of Essence
Waiver
Independent Contractors
Costs and Expenses
Taxes
Default Interest
Late Payment
Acceleration
Documentation
Registration
Stamp Duty
Third Party Rights
Anti-corruption
Compliance with Laws
Manufacturing
Real Estate
Automotive
Industrial Equipment
Consumer Durables
Technology Hardware
Construction
Heavy Machinery
Retail
Electronics
Furniture and Fixtures
Agricultural Equipment
Legal
Finance
Sales
Commercial
Risk Management
Credit Control
Operations
Treasury
Collections
Business Development
Contract Administration
Sales Manager
Finance Director
Legal Counsel
Contract Manager
Chief Financial Officer
Business Development Manager
Credit Controller
Risk Manager
Commercial Director
Operations Manager
Account Executive
Procurement Manager
Treasury Manager
Collections Manager
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