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Buyer And Seller Agreement Form
"I need a Buyer and Seller Agreement Form under Saudi law for selling electronic consumer goods to retail customers, with flexible payment terms and a 12-month warranty period starting from March 2025."
1. Parties: Identification and details of the buyer and seller, including full legal names, addresses, and commercial registration numbers if applicable
2. Background: Context of the transaction and relationship between the parties
3. Definitions: Clear definitions of key terms used throughout the agreement to ensure mutual understanding and prevent ambiguity
4. Subject Matter of Sale: Detailed description of the goods or products being sold, including quantity, specifications, and quality standards
5. Purchase Price and Payment Terms: Clear statement of the price, currency, payment method, and payment schedule
6. Delivery Terms: Specifications for delivery including timing, location, method, and risk transfer
7. Warranties and Representations: Seller's warranties regarding the goods and both parties' general representations
8. Inspection and Acceptance: Buyer's rights and procedures for inspecting goods and accepting or rejecting delivery
9. Title and Risk: Terms regarding transfer of ownership and risk in the goods
10. Default and Remedies: Consequences of breach by either party and available remedies
11. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction for disputes
12. Notices: Process and addresses for formal communications between parties
13. Execution: Signature blocks and execution requirements
1. Import/Export Requirements: Include when dealing with international sales, covering customs, duties, and compliance requirements
2. Installment Payment Terms: Include when payment is to be made in installments, detailing payment schedule and consequences of default
3. Quality Control Procedures: Include for technical or specialized products requiring specific quality standards
4. Insurance Requirements: Include when specific insurance coverage is required for the goods during transit or storage
5. Intellectual Property Rights: Include when the sale involves products with associated intellectual property rights
6. Confidentiality: Include when sensitive information will be exchanged during the transaction
7. Force Majeure: Include when parties want specific provisions for unforeseen circumstances
8. Assignment Rights: Include when parties need to specify whether rights under the agreement can be assigned
9. Termination Rights: Include when parties want specific termination rights beyond basic breach provisions
1. Schedule 1: Product Specifications: Detailed technical specifications of the goods being sold
2. Schedule 2: Pricing Schedule: Detailed breakdown of prices, especially for multiple items or varying quantities
3. Schedule 3: Delivery Schedule: Detailed delivery timelines and locations, especially for multiple deliveries
4. Schedule 4: Quality Standards: Specific quality requirements and testing procedures
5. Schedule 5: Warranty Terms: Detailed warranty terms and claim procedures
6. Appendix A: Required Documents: List of documents required for the transaction (e.g., certificates of origin, quality certificates)
7. Appendix B: Form of Acceptance Certificate: Template for formal acceptance of goods by the buyer
Authors
Applicable Law
Business Day
Buyer
Confidential Information
Delivery Date
Delivery Location
Effective Date
Force Majeure Event
Goods
Intellectual Property Rights
Payment Terms
Purchase Price
Quality Standards
Seller
Specifications
Term
Territory
VAT
Warranty Period
Working Hours
Acceptance Certificate
Defect
Material Breach
Purchase Order
Related Parties
Required Documents
Sharia Compliant
Technical Documentation
Title Documents
Payment Terms
Delivery
Title and Risk
Warranties and Representations
Quality Standards
Inspection and Testing
Acceptance and Rejection
Force Majeure
Confidentiality
Intellectual Property
Liability and Indemnification
Insurance
Default and Termination
Dispute Resolution
Governing Law
Assignment
Notices
Entire Agreement
Severability
Amendment
Compliance with Laws
Anti-Corruption
Export Control
Data Protection
Tax
Third Party Rights
Waiver
Force Majeure
Counterparts
Retail
Manufacturing
Wholesale Trade
Consumer Goods
Industrial Equipment
Technology
Automotive
Construction Materials
Electronics
Textiles
Food and Beverage
Pharmaceuticals
Agriculture
Mining
Energy
Legal
Procurement
Sales
Commercial
Operations
Finance
Compliance
Risk Management
Supply Chain
Business Development
Procurement Manager
Sales Manager
Legal Counsel
Contract Administrator
Commercial Director
Supply Chain Manager
Business Development Manager
Operations Manager
Compliance Officer
Risk Manager
Chief Financial Officer
Purchase Officer
Sales Representative
General Counsel
Corporate Lawyer
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