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Contract To Sell With Spa
"I need a Contract to Sell with SPA for the sale of my manufacturing equipment to a Singapore-based company, including staged payment terms over 6 months and specific warranties about the equipment's operational condition."
1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Subject Matter of Sale: Detailed description of goods/property being sold
5. Purchase Price: Amount and payment terms
6. Completion: Terms and conditions for completing the sale
7. Representations and Warranties: Statements of fact and promises by both parties
8. Governing Law: Specification of Singapore law as governing law
1. Conditions Precedent: Prerequisites that must be met before completion - used for complex transactions with specific prerequisites
2. Due Diligence: Buyer's right to investigate the subject matter - used for high-value or complex sales
3. Force Majeure: Provisions for unforeseen circumstances - used when extended performance periods are involved
4. Assignment: Rights to transfer obligations to third parties - used when transfer rights might be needed
1. Schedule 1: Property/Goods Description: Detailed specifications of items being sold
2. Schedule 2: Payment Schedule: Breakdown of payment terms and installments
3. Schedule 3: Completion Requirements: List of documents and actions required for completion
4. Appendix A: Due Diligence Documents: List of documents provided for verification
5. Appendix B: Form of Transfer: Template for transfer documentation
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