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1. Parties: Identification and details of the contracting parties, including registration numbers and addresses
2. Background: Context of the trade agreement and relationship between parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Trade: Detailed description of goods/services to be traded
5. Price and Payment Terms: Pricing, payment schedule, currency, and payment methods
6. Delivery Terms: Delivery obligations, Incoterms, timing, and logistics arrangements
7. Quality Standards: Quality requirements, specifications, and inspection procedures
8. Warranties and Representations: Warranties regarding goods/services and general business warranties
9. Compliance with Laws: Obligations to comply with Nigerian trade laws and regulations
10. Term and Termination: Duration of agreement and termination provisions
11. Dispute Resolution: Process for resolving disputes under Nigerian law
12. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. Export/Import Requirements: Include when deal involves international trade, covering permits, licenses, and customs requirements
2. Insurance: Include when specific insurance requirements are needed for high-value or high-risk trades
3. Intellectual Property: Include when trade involves branded goods or technology transfer
4. Confidentiality: Include when sensitive information will be shared during trade
5. Force Majeure: Include when dealing with long-term trade relationships or high-risk markets
6. Anti-Corruption Compliance: Include when dealing with government contracts or high-risk sectors
7. Local Content Requirements: Include when subject to Nigerian local content laws in specific sectors
1. Schedule 1 - Product Specifications: Detailed technical specifications of goods being traded
2. Schedule 2 - Pricing Schedule: Detailed pricing breakdown, including any volume discounts or price adjustment mechanisms
3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and locations
4. Schedule 4 - Quality Control Procedures: Detailed quality control and inspection procedures
5. Schedule 5 - Compliance Documents: List of required permits, licenses, and certificates
6. Appendix A - Form of Purchase Order: Standard form for placing orders under the agreement
7. Appendix B - Technical Standards: Applicable technical standards and certifications
Applicable Laws
Business Day
Commencement Date
Confidential Information
Contract Price
Delivery Date
Delivery Location
Delivery Terms
Documents
Effective Date
Force Majeure Event
Goods
Governmental Authority
Incoterms
Intellectual Property Rights
Invoice
Letter of Credit
Material Adverse Change
NAFDAC
Notice
Order
Parties
Payment Terms
Permits
Product Specifications
Purchase Order
Quality Standards
Regulatory Approvals
Representatives
SON Standards
Specifications
Taxes
Term
Territory
Trade Documents
Transaction
Warranty Period
Working Hours
Definitions
Supply and Purchase Obligations
Pricing
Payment Terms
Delivery
Title and Risk
Quality Standards
Inspection and Testing
Warranties
Compliance with Laws
Export/Import Requirements
Documentation Requirements
Insurance
Representations
Force Majeure
Confidentiality
Intellectual Property
Liability and Indemnification
Term and Duration
Termination
Dispute Resolution
Governing Law
Assignment
Notices
Amendment
Entire Agreement
Severability
Third Party Rights
Anti-Corruption
Local Content
Customs and Duties
Foreign Exchange
Product Returns
Record Keeping
Performance Standards
Storage Requirements
Transportation
Bank Guarantees
Default
Remedies
Manufacturing
Agriculture
Oil and Gas
Consumer Goods
Technology
Automotive
Textiles
Mining
Pharmaceuticals
Food and Beverage
Construction Materials
Electronics
Chemical Products
Machinery and Equipment
Legal
Commercial
Procurement
Supply Chain
Trade Finance
Compliance
Sales
Operations
Risk Management
International Trade
Contract Administration
Commercial Director
Trade Finance Manager
Procurement Manager
Supply Chain Manager
Contract Administrator
Legal Counsel
Compliance Officer
Import/Export Manager
Business Development Manager
Sales Director
Operations Manager
Chief Commercial Officer
Trading Manager
Risk Manager
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