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1. Parties: Identification of the Seller and Purchaser with full legal details as required under South African law
2. Background: Context of the transaction and purpose of the agreement
3. Definitions and Interpretation: Key terms used in the agreement and rules of interpretation
4. Sale: Core terms of the sale including description of goods/property and purchase price
5. Payment Terms: Structure of deferred payments, including installment amounts, dates, and interest if applicable
6. Delivery and Risk: Terms regarding delivery of goods/property and transfer of risk
7. Ownership: Conditions for transfer of ownership and retention of title provisions
8. Seller's Warranties: Warranties regarding the goods/property being sold
9. Purchaser's Obligations: Key obligations including payment, maintenance, and insurance requirements
10. Default and Remedies: Consequences of default and available remedies for both parties
11. Termination: Circumstances under which the agreement can be terminated and consequences
12. General Terms: Standard legal provisions including notices, governing law, and dispute resolution
1. Security: Used when additional security for the deferred payment is required, such as guarantees or suretyships
2. Insurance: Detailed insurance requirements when the asset requires specific coverage during the payment period
3. Maintenance and Use: Included for sales of equipment or assets requiring specific maintenance during the payment period
4. Compliance with Laws: Special regulatory compliance section when the goods/property is subject to specific regulations
5. Transfer Restrictions: Used when there are restrictions on the purchaser's ability to transfer or encumber the goods/property
6. Early Payment Provisions: Include when early payment options or discounts are offered
7. Force Majeure: Added when specific force majeure provisions are necessary for high-value or long-term agreements
1. Schedule 1 - Description of Goods/Property: Detailed description of the subject matter of the sale
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment amounts and due dates
3. Schedule 3 - Delivery Terms: Specific delivery requirements and procedures
4. Schedule 4 - Warranties: Detailed warranties and representations regarding the goods/property
5. Appendix A - Compliance Documents: Required compliance certificates or documentation
6. Appendix B - Maintenance Requirements: Detailed maintenance specifications if applicable
7. Appendix C - Insurance Requirements: Specific insurance requirements and minimum coverage details
Asset
Business Day
Commencement Date
Completion Date
Confidential Information
Default Event
Default Interest Rate
Default Notice
Delivery
Delivery Date
Deposit
Effective Date
Encumbrance
Force Majeure Event
Goods
Governing Law
Initial Payment
Installment
Installment Payment Date
Interest Rate
Material Adverse Change
Outstanding Balance
Parties
Payment Schedule
Purchase Price
Purchaser
Related Agreements
Relevant Authority
Security
Security Documents
Seller
Signature Date
Surety
Tax
Term
Transfer Date
Transfer of Ownership
VAT
Warranties
Definitions
Sale
Purchase Price
Payment Terms
Deferred Payment
Interest
Security
Delivery
Risk
Transfer of Ownership
Title Retention
Warranties
Representations
Default
Remedies
Force Majeure
Insurance
Maintenance
Assignment
Notices
Breach
Termination
Dispute Resolution
Governing Law
Jurisdiction
Confidentiality
Costs
Tax
Indemnification
Entire Agreement
Severability
Amendment
Waiver
Further Assurance
Good Faith
Compliance with Laws
Boilerplate
Retail
Manufacturing
Real Estate
Automotive
Agriculture
Mining
Construction
Industrial Equipment
Technology
Consumer Goods
Heavy Machinery
Energy
Legal
Finance
Sales
Credit Control
Risk Management
Procurement
Operations
Compliance
Commercial
Business Development
Legal Counsel
Commercial Director
Finance Manager
Sales Director
Credit Manager
Risk Manager
Procurement Manager
Contract Administrator
Business Development Manager
Chief Financial Officer
Operations Manager
Compliance Officer
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