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Contract Sales Of Goods
"I need a Contract Sales of Goods agreement for selling industrial machinery to a Singapore-based distributor, with specific provisions for installation services and technical training to be provided by March 2025."
1. Parties: Identification and details of the buyer and seller
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Description of Goods: Detailed specification of goods being sold
5. Price and Payment Terms: Purchase price, payment schedule, and method
6. Delivery Terms: Delivery location, timing, and responsibilities
7. Title and Risk: Transfer of ownership and risk in goods
8. Warranties: Quality and fitness guarantees
9. Governing Law: Specification of Singapore law as governing law
1. Insurance: Insurance requirements for goods in transit - recommended for high-value goods or international shipments
2. Inspection Rights: Buyer's right to inspect goods - recommended for complex or custom-made goods
3. Intellectual Property: IP rights in relation to goods - recommended for branded or technology products
4. Force Majeure: Provisions for unforeseen circumstances - recommended for long-term or high-value contracts
5. Export/Import Requirements: Compliance with trade regulations - recommended for international sales
1. Schedule 1: Specification of Goods: Detailed technical specifications and quantities
2. Schedule 2: Pricing Schedule: Detailed pricing breakdown and payment milestones
3. Schedule 3: Delivery Schedule: Detailed delivery timeline and locations
4. Schedule 4: Quality Standards: Applicable quality standards and testing procedures
5. Appendix A: Form of Acceptance: Template for acceptance of goods
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