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Format For Cancellation Of Sale Agreement
"I need a Format For Cancellation Of Sale Agreement to terminate a commercial property sale in Singapore, with specific provisions for the return of the initial deposit by March 2025 and mutual release of obligations between my company as the seller and a foreign investment firm as the buyer."
1. Parties: Identification of parties involved in the original sale and cancellation
2. Background: Details of the original sale agreement and reasons for cancellation
3. Definitions: Key terms used in the agreement
4. Cancellation Terms: Specific conditions and effective date of cancellation
5. Financial Settlement: Details of refunds, payments, or adjustments
6. Mutual Release: Release of obligations and liabilities between parties
7. Governing Law: Specification of Singapore law as governing law
1. Return of Goods: Procedures for returning goods when physical goods are involved in the sale
2. Confidentiality: Terms regarding confidential information when sensitive business information was shared
3. Third Party Rights: Impact on third party rights when third parties have interests in the original agreement
4. Insurance: Insurance-related provisions when insured goods or property are involved
1. Original Sale Agreement: Copy of the original sale agreement being cancelled
2. Financial Statement: Detailed breakdown of payments, refunds, and adjustments
3. Property/Goods Details: Description of property or goods involved in the sale
4. Return Protocol: Specific procedures for returning goods or vacating property
Authors
Original Sale Agreement
Cancellation Date
Effective Date
Parties
Seller
Buyer
Property/Goods
Purchase Price
Refund Amount
Settlement Sum
Cancellation Fee
Outstanding Obligations
Return Period
Business Day
Completion
Force Majeure Event
Confidential Information
Representatives
Governing Law
Mutual Release
Related Documents
Security Interest
Encumbrances
Claim
Dispute
Notice
SGD
Cancellation Terms
Consideration
Refund and Payment
Return of Goods/Property
Mutual Release
Indemnification
Representations and Warranties
Confidentiality
Further Assurance
Costs and Expenses
Taxes
Notices
Force Majeure
Assignment
Severability
Entire Agreement
Amendment
Waiver
Third Party Rights
Counterparts
Time of Essence
Governing Law
Dispute Resolution
Survival
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