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1. Parties: Identification and details of the buyer and seller, including registration numbers and addresses
2. Background: Context of the agreement, including the basic commercial understanding between parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Agreement: Description of goods to be supplied and general obligations of both parties
5. Advance Payment Terms: Details of the advance payment amount, timing, and payment method
6. Delivery Terms: Specifications for delivery including timing, location, and shipping terms
7. Price and Payment Structure: Total price, payment schedule, and balance payment details
8. Quality and Specifications: Detailed specifications of goods and quality requirements
9. Inspection and Acceptance: Procedures for inspection and acceptance of goods
10. Security Measures: Safeguards for the advance payment such as bank guarantees or security deposits
11. Default and Remedies: Consequences of default by either party and available remedies
12. Force Majeure: Provisions for unforeseen circumstances affecting contract performance
13. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction details
14. General Provisions: Standard boilerplate clauses including notices, amendments, and entire agreement
1. Insurance: Insurance requirements for goods during transit - include when high-value goods are involved
2. Intellectual Property: IP rights and protections - include when goods involve proprietary technology or designs
3. Confidentiality: Confidentiality obligations - include when sensitive commercial information is involved
4. Export/Import Compliance: Compliance with trade regulations - include for international transactions
5. Tax Provisions: Specific tax arrangements - include when complex tax implications exist
6. Step-In Rights: Rights to engage alternative suppliers - include for critical supply arrangements
7. Performance Bonds: Additional performance security - include for high-value or critical supplies
1. Schedule 1 - Goods Specification: Detailed technical specifications of the goods
2. Schedule 2 - Delivery Schedule: Detailed timeline for delivery of goods
3. Schedule 3 - Price and Payment Schedule: Detailed breakdown of prices and payment milestones
4. Schedule 4 - Form of Bank Guarantee: Template for bank guarantee or other security instruments
5. Schedule 5 - Quality Standards: Specific quality standards and testing procedures
6. Appendix A - Technical Drawings: Technical drawings or designs of the goods if applicable
7. Appendix B - Compliance Certificates: Required certification or compliance documentation
Agreement
Bank Guarantee
Business Day
Completion Date
Confidential Information
Defect
Delivery Date
Delivery Location
Effective Date
Force Majeure Event
Goods
Governing Law
Inspection Period
Invoice
Material Adverse Effect
Payment Schedule
Performance Security
Purchase Price
Quality Standards
Refund
Security Interest
Specifications
Technical Documentation
Warranty Period
Payment Terms
Advance Payment
Security and Guarantees
Delivery
Quality Assurance
Inspection and Testing
Title and Risk
Warranties
Representations
Default
Termination
Force Majeure
Confidentiality
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Variation
Waiver
Severability
Third Party Rights
Counterparts
Insurance
Indemnification
Compliance with Laws
Records and Audit
Amendment
Survival
Manufacturing
International Trade
Retail
Construction
Technology
Industrial Equipment
Automotive
Electronics
Textiles
Heavy Machinery
Consumer Goods
Agriculture
Mining
Energy
Legal
Procurement
Finance
Supply Chain
Operations
Risk Management
Compliance
Commercial
International Trade
Project Management
Procurement Manager
Supply Chain Director
Chief Financial Officer
Legal Counsel
Commercial Director
Operations Manager
Contract Manager
Finance Manager
Purchasing Officer
Trade Finance Manager
Risk Manager
Compliance Officer
Business Development Manager
Project Manager
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