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1. Parties: Full details of the seller and purchaser, including registration/ID numbers, addresses, and representatives
2. Background: Context of the sale and brief description of the transaction
3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules for interpretation
4. Sale: Core agreement to sell and purchase, including description of the item/property being sold
5. Purchase Price: Amount, payment terms, and method of payment
6. Delivery: Terms and conditions for delivery or transfer of the sale item
7. Risk and Ownership: When risk and ownership pass from seller to purchaser
8. Warranties: Standard warranties by both parties regarding the sale
9. Breach: Consequences of breach and remedies available to parties
10. Dispute Resolution: Process for resolving disputes between parties
11. Notices and Domicilia: How and where official notices must be delivered
12. General Terms: Standard contractual provisions including whole agreement, variation, and governing law
1. Conditions Precedent: Used when the sale is subject to fulfillment of specific conditions
2. Due Diligence: Included when purchaser requires investigation period before finalizing sale
3. Intellectual Property: Required when sale includes transfer of intellectual property rights
4. Employees: Necessary when sale involves transfer of employees or employment considerations
5. Tax Implications: Include when specific tax arrangements or considerations need to be addressed
6. Regulatory Approvals: Required when sale needs specific regulatory or governmental approvals
7. Post-Sale Obligations: Include when parties have ongoing obligations after sale completion
8. Transitional Arrangements: Used when handover period or transition support is required
1. Schedule 1: Description of Sale Item/Property: Detailed description of what is being sold, including specifications or property details
2. Schedule 2: Purchase Price Breakdown: Detailed breakdown of purchase price components and payment schedule
3. Schedule 3: Inventory List: List of items included in the sale, if applicable
4. Schedule 4: Due Diligence Requirements: Specific requirements and timeframes for due diligence process
5. Schedule 5: Required Consents: List of necessary third-party or regulatory consents
6. Appendix A: Warranties: Detailed warranties given by seller regarding the sale item
7. Appendix B: Existing Contracts: List of contracts associated with sale item that will be transferred
8. Appendix C: Required Documentation: List of documents required for transfer of ownership
Business Day
Closing Date
Commencement Date
Confidential Information
Conditions Precedent
Consents
Delivery Date
Deposit
Effective Date
Encumbrance
Force Majeure
Governing Law
Intellectual Property Rights
Material Adverse Change
Parties
Payment Terms
Purchase Price
Purchaser
Related Entities
Sale Item
Sale Property
Seller
Signature Date
Specified Address
Transfer Date
VAT
Warranties
Writing
ZAR
Sale and Purchase
Purchase Price
Payment Terms
Delivery
Transfer of Ownership
Risk
Warranties and Representations
Conditions Precedent
Due Diligence
Seller Obligations
Purchaser Obligations
Confidentiality
Force Majeure
Breach
Termination
Dispute Resolution
Governing Law
Assignment
Notices
VAT and Taxation
Costs and Expenses
Whole Agreement
Severability
Variation
Waiver
Good Faith
Indemnification
Insurance
Compliance with Laws
Anti-corruption
Regulatory Approvals
Third Party Rights
Further Assurance
Counterparts
Real Estate
Retail
Manufacturing
Technology
Agriculture
Mining
Automotive
Professional Services
Construction
Healthcare
Education
Hospitality
Financial Services
Energy
Telecommunications
Legal
Commercial
Sales
Procurement
Finance
Compliance
Risk Management
Operations
Business Development
Property Management
Contract Administration
Corporate Secretariat
Legal Counsel
Contract Manager
Commercial Director
Business Development Manager
Property Manager
Sales Manager
Procurement Manager
Company Secretary
Chief Financial Officer
Chief Executive Officer
Risk Manager
Compliance Officer
Real Estate Agent
Business Owner
Operations Manager
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