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1. Parties: Identifies and provides full details of the seller and buyer, including names, addresses, and registration numbers if applicable
2. Background: Outlines the context of the sale and purchase, and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation
4. Subject Matter: Detailed description of the item(s) being purchased
5. Purchase Price: Specifies the agreed purchase price and payment terms
6. Payment Terms: Details the method, timing, and conditions of payment
7. Delivery: Specifies delivery arrangements, timing, and responsibilities
8. Title and Risk: Establishes when ownership and risk transfer from seller to buyer
9. Warranties and Representations: States the seller's warranties regarding the item(s) being sold
10. Termination: Outlines circumstances under which the agreement can be terminated
11. Governing Law: Specifies that Malaysian law governs the agreement
12. Execution: Signature blocks and execution formalities
1. Condition Precedents: Used when certain conditions must be met before the agreement becomes effective
2. Due Diligence: Include when buyer requires inspection or verification period
3. Intellectual Property: Required when the purchase includes IP rights
4. Confidentiality: Include when sensitive information is shared during the transaction
5. Insurance: Necessary for high-value items or during transit periods
6. Force Majeure: Include for protection against unforeseen circumstances
7. Assignment: Include if rights under the agreement may need to be transferred
8. Dispute Resolution: Include specific dispute resolution procedures beyond court jurisdiction
1. Schedule 1: Item Specification: Detailed technical specifications or descriptions of the purchase items
2. Schedule 2: Payment Schedule: If payment is in installments, detailed payment timeline and amounts
3. Schedule 3: Delivery Schedule: Detailed delivery timeline and requirements if complex or multiple deliveries
4. Schedule 4: Condition Report: For used items, detailed condition report and existing defects
5. Appendix A: Photographs: Visual documentation of the purchase items
6. Appendix B: Certificates: Relevant certificates of authenticity, origin, or quality
7. Appendix C: Previous Documentation: Historical documents related to the item such as maintenance records or prior ownership
Business Day
Completion Date
Confidential Information
Delivery Date
Delivery Location
Deposit
Effective Date
Encumbrance
Force Majeure
Goods
Identity Card
Inspection Period
Interest Rate
Invoice
Jurisdiction
Loss
Notice
Party
Payment
Purchase Price
Purchaser
Ringgit Malaysia
Schedule
Seller
Specification
Termination Date
Title
Transfer
Warranty
Sale and Purchase
Payment Terms
Delivery
Title Transfer
Warranties and Representations
Risk Transfer
Condition Precedent
Due Diligence
Inspection
Confidentiality
Force Majeure
Indemnification
Insurance
Assignment
Termination
Notices
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendment
Costs and Expenses
Further Assurance
Waiver
Time of Essence
Counterparts
Retail
Manufacturing
Technology
Real Estate
Automotive
Consumer Goods
Industrial Equipment
Agriculture
Construction
Professional Services
Art and Collectibles
Electronics
Furniture and Home Goods
Legal
Procurement
Finance
Operations
Compliance
Risk Management
Commercial
Supply Chain
Business Development
Administrative
Procurement Manager
Legal Counsel
Contract Administrator
Business Owner
Operations Manager
Purchase Officer
Commercial Director
Finance Manager
Company Secretary
Risk Manager
Compliance Officer
Asset Manager
Business Development Manager
Supply Chain Manager
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