The Wood Supply Agreement is a crucial commercial document used in New Zealand's forestry and timber industry to establish long-term supply relationships between forest owners, timber companies, and wood processors. This agreement is particularly relevant when parties need to secure consistent supply of wood products with specific quality requirements and volume commitments. It addresses key commercial and operational aspects including pricing, delivery, quality standards, and regulatory compliance, while incorporating New Zealand's specific legislative requirements for forestry operations, environmental protection, and workplace safety. The document is designed to provide clarity and certainty for both suppliers and purchasers, helping manage risk and ensure sustainable forest management practices.
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1. Parties: Identification and details of the supplier and purchaser
2. Background: Context of the agreement, including brief description of parties' businesses and purpose of the agreement
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Supply Obligations: Core supply terms including volume commitments, specifications, and delivery requirements
5. Term and Renewal: Duration of the agreement and any renewal options
6. Pricing and Payment: Price calculation, payment terms, invoicing, and price review mechanisms
7. Quality Requirements: Detailed wood quality specifications and testing procedures
8. Delivery and Collection: Logistics arrangements, delivery points, and transportation responsibilities
9. Title and Risk: Transfer of ownership and risk in the wood products
10. Compliance: Obligations to comply with laws, permits, and industry standards
11. Force Majeure: Events excusing performance and procedures for handling force majeure
12. Termination: Termination rights and procedures
13. Dispute Resolution: Process for resolving disputes
14. General Provisions: Standard contract boilerplate provisions
1. Take or Pay: Minimum volume commitment and payment obligations, used when supplier requires volume certainty
2. Exclusivity: Exclusive supply arrangements, used when parties want to establish sole supply relationship
3. Storage: Storage arrangements and responsibilities, needed when wood products require intermediate storage
4. Carbon Credits: Allocation of carbon credits and related obligations, relevant for agreements involving sustainable forestry
5. Export Requirements: Additional requirements for export sales, used when wood is intended for international markets
6. Indigenous Forest Provisions: Special provisions for indigenous forest wood, required when native species are involved
7. Processing Requirements: Specific processing obligations, used when agreement includes processing services
8. Sustainability Certification: Requirements for maintaining relevant certifications, used when parties require specific sustainability standards
1. Schedule 1 - Product Specifications: Detailed technical specifications for wood products
2. Schedule 2 - Pricing Schedule: Detailed pricing information, including any volume-based pricing tiers
3. Schedule 3 - Delivery Locations: List of approved delivery points and associated requirements
4. Schedule 4 - Quality Testing Procedures: Detailed procedures for quality testing and acceptance
5. Schedule 5 - Annual Supply Plan: Projected supply volumes and timing
6. Schedule 6 - Key Contacts: Contact details for key personnel from both parties
7. Schedule 7 - Compliance Requirements: Specific compliance obligations and certifications required
8. Appendix A - Form of Delivery Documentation: Template delivery dockets and required documentation
9. Appendix B - Safety Requirements: Specific health and safety requirements for operations
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