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The Agreement For Sale of Machinery is a crucial document used in industrial and manufacturing contexts where significant machinery or equipment is being purchased. It is specifically designed to comply with Dutch legal requirements and EU regulations, making it suitable for machinery transactions within the Netherlands or involving Dutch entities. The agreement covers all essential aspects of the sale, from technical specifications and performance requirements to warranty terms and regulatory compliance. It is particularly important for ensuring that the machinery meets Dutch and EU safety standards, while also protecting both the seller's and buyer's interests in terms of liability, intellectual property rights, and performance guarantees. The document is commonly used by manufacturers, industrial buyers, and equipment distributors for transactions involving production machinery, industrial equipment, or specialized technical installations.

1. Parties: Identification of the seller and buyer, including full legal names, registration numbers, and registered addresses

2. Background: Context of the agreement, including brief description of the parties' business activities and purpose of the machinery purchase

3. Definitions: Definitions of key terms used throughout the agreement, including technical terms specific to the machinery

4. Subject Matter of Sale: Clear identification and description of the machinery being sold

5. Purchase Price and Payment Terms: Details of the purchase price, payment schedule, and payment methods

6. Delivery and Transfer of Risk: Terms regarding delivery, including timing, location, and transfer of risk

7. Acceptance Testing: Procedures for testing and accepting the machinery upon delivery

8. Warranties and Representations: Warranties regarding machinery condition, performance, and compliance with applicable laws and standards

9. Compliance with Laws: Confirmation of compliance with relevant Dutch and EU regulations for machinery

10. Intellectual Property: Rights and restrictions regarding intellectual property in the machinery

11. Liability and Indemnification: Allocation of risks and responsibilities between parties

12. Force Majeure: Provisions for circumstances beyond parties' control affecting performance

13. Term and Termination: Duration of the agreement and circumstances for termination

14. Governing Law and Jurisdiction: Specification of Dutch law as governing law and jurisdiction for disputes

15. General Provisions: Standard boilerplate clauses including notices, entire agreement, and amendments