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Terms Of Sale Of Goods Contract
"I need a Terms of Sale of Goods Contract for my manufacturing company in Mumbai to export automotive parts to international buyers, with specific provisions for quality testing and international shipping terms under Indian law."
1. Parties: Identification and details of the seller and buyer, including registered addresses and company registration numbers
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core agreement for the sale and purchase of goods, including description of goods
5. Price and Payment: Payment terms, method of payment, currency, and payment schedule
6. Delivery: Delivery terms, timeline, location, and transfer of risk
7. Title and Risk: Transfer of ownership and risk in the goods
8. Quality and Description: Quality standards, specifications, and warranties regarding the goods
9. Inspection and Acceptance: Procedures for inspection of goods and acceptance criteria
10. Warranties and Representations: Standard warranties regarding the goods and capacity to contract
11. Limitation of Liability: Limitations on liability and exclusions
12. Term and Termination: Duration of the agreement and termination provisions
13. Force Majeure: Events excusing performance and their consequences
14. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction
15. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Intellectual Property Rights: Required when the goods involve patents, trademarks, or other IP rights
2. Confidentiality: Needed when sensitive information will be exchanged during the transaction
3. Insurance: Required for high-value goods or when specific insurance requirements exist
4. Export/Import Compliance: Necessary for international sales or restricted goods
5. Return and Refund Policy: Important for retail sales or when dealing with consumable goods
6. After-Sales Service: Required when maintenance or support services are included
7. Packaging and Labeling: Necessary for goods requiring specific packaging or labeling requirements
1. Schedule 1 - Product Specifications: Detailed technical specifications of the goods
2. Schedule 2 - Pricing Schedule: Detailed pricing structure, including any volume discounts or special pricing arrangements
3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and locations 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 - Purchase Order Format: Standard format for purchase orders under the agreement
7. Appendix B - Acceptance Test Procedures: Detailed procedures for testing and accepting the goods
Authors
Manufacturing
Retail
Wholesale Trade
E-commerce
Consumer Goods
Industrial Equipment
Electronics
Automotive
Textiles
Food and Beverage
Pharmaceuticals
Construction Materials
Agriculture
Chemical Industry
Legal
Procurement
Sales
Commercial
Operations
Supply Chain
Compliance
Business Development
Contract Management
Risk Management
Commercial Director
Procurement Manager
Sales Manager
Legal Counsel
Contract Manager
Business Development Manager
Supply Chain Manager
Operations Manager
Compliance Officer
Chief Commercial Officer
Purchasing Officer
Sales Director
General Counsel
Chief Legal Officer
Vendor Manager
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