Agreement Of Sale Contract Template for South Africa

1. Conditions Precedent: Used when the sale is subject to fulfillment of specific conditions before becoming effective

2. Due Diligence: Included for complex sales requiring investigation period, typically in business sales

3. Intellectual Property: Required when the sale includes transfer of intellectual property rights

4. Employee Matters: Necessary for business sales involving transfer of employees

5. Competition Law Compliance: Required for large transactions that may have competition law implications

6. Environmental Matters: Included when the sale involves property with environmental considerations

7. Tax Matters: Detailed tax provisions for complex transactions with specific tax implications

8. Transitional Services: Used in business sales where the seller provides ongoing support post-sale

1. Schedule 1: Description of Sale Items: Detailed description of goods, property, or shares being sold

2. Schedule 2: Purchase Price Calculation: Detailed breakdown of purchase price components and calculations

3. Schedule 3: Payment Schedule: Detailed payment terms and installment dates if applicable

4. Schedule 4: Seller's Warranties: Comprehensive list of warranties provided by the seller

5. Schedule 5: Excluded Assets: List of items specifically excluded from the sale

6. Appendix A: Required Regulatory Approvals: List of regulatory approvals required for the transaction

7. Appendix B: Due Diligence Checklist: Checklist of items to be reviewed during due diligence

8. Appendix C: Transfer Documents: Forms and documents required for transfer of ownership