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As Is Sales Agreement
"I need an As Is Sales Agreement for selling used manufacturing equipment to a company in Auckland, with delivery scheduled for March 2025 and specific provisions for buyer inspection before finalizing the sale."
1. Parties: Identifies and provides full details of the seller and buyer, including legal names, addresses, and company details if applicable
2. Background: Provides context for the sale and establishes the 'As Is' nature of the transaction
3. Definitions: Defines key terms used throughout the agreement, including 'As Is' and other relevant terms
4. Sale and Purchase: Outlines the basic agreement to sell and purchase the goods in their current condition
5. Price and Payment: Specifies the purchase price, payment terms, and method of payment
6. As Is Condition: Explicitly states that the goods are sold 'As Is' and details the limitations of warranties and representations
7. Delivery and Risk: Specifies delivery arrangements and when risk passes to the buyer
8. Inspection: Confirms buyer's right to inspect and acknowledgment of goods condition
9. Title Transfer: Establishes when and how title transfers to the buyer
10. Seller's Limited Obligations: Specifies the minimal obligations retained by the seller
11. General Terms: Standard contract provisions including governing law, entire agreement, and amendments
1. Intellectual Property: Required when the sale includes any intellectual property rights or licenses
2. Compliance with Laws: Needed when selling regulated goods or when specific compliance requirements exist
3. Confidentiality: Include when sensitive information is exchanged during the sale process
4. Insurance: Required for high-value items or when specific insurance arrangements are needed during transit
5. Export/Import Requirements: Include for international sales or when goods require special permits
6. Security Interests: Needed when there are existing security interests or liens on the goods
7. Installation: Include when the goods require specific installation procedures or requirements
1. Schedule 1 - Description of Goods: Detailed description of the goods being sold, including condition, specifications, and known defects
2. Schedule 2 - Price Breakdown: Itemized breakdown of the purchase price, including any deposits or installments
3. Schedule 3 - Inspection Report: Results of any pre-sale inspections or condition reports
4. Schedule 4 - Delivery Details: Specific delivery instructions, timing, and logistics arrangements
5. Schedule 5 - Existing Defects: List of known defects or issues with the goods being sold
6. Appendix A - Photographs: Visual documentation of the goods' condition at time of sale
7. Appendix B - Technical Specifications: Manufacturer's specifications or technical documentation for the goods
Authors
As Is Condition
Business Day
Completion Date
Confidential Information
Delivery Date
Delivery Location
Deposit
Encumbrance
Goods
GST
Inspection Period
Intellectual Property Rights
Known Defects
Law
Parties
Purchase Price
Related Companies
Representatives
Sale
Schedules
Seller's Knowledge
Settlement
Specifications
Title
Transfer Date
Warranties
Working Hours
Sale and Purchase
As Is Condition
Purchase Price
Payment Terms
Delivery
Title and Risk
Warranties and Representations
Inspection Rights
Condition of Goods
Known Defects
Liability Limitations
Force Majeure
Assignment
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Confidentiality
GST and Taxes
Further Assurances
Costs
Amendment
Waiver
Counterparts
Time of Essence
Independent Legal Advice
Authority to Execute
Manufacturing
Retail
Automotive
Industrial Equipment
Construction
Agriculture
Technology
Real Estate
Asset Management
Wholesale Trade
Mining
Marine
Aviation
Machinery and Equipment
Legal
Procurement
Sales
Operations
Commercial
Risk Management
Compliance
Supply Chain
Finance
Asset Management
Sales Manager
Procurement Manager
Business Development Manager
Contract Administrator
Legal Counsel
Asset Manager
Operations Manager
Commercial Manager
Risk Manager
Compliance Officer
Supply Chain Manager
Purchasing Officer
CEO
Business Owner
Finance Manager
General Manager
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