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1. Parties: Identification of the seller and purchaser with full legal names and addresses
2. Background: Context of the transaction and brief description of the arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Details of the goods being sold and purchased, including specifications and condition
5. Purchase Price: Total purchase price, down payment, and installment structure
6. Payment Terms: Detailed payment schedule, installment amounts, due dates, and payment methods
7. Delivery and Acceptance: Terms for delivery of goods and acceptance procedures
8. Title and Risk: When title passes to the purchaser and risk allocation
9. Seller's Warranties: Warranties regarding the goods and seller's authority to sell
10. Purchaser's Obligations: Key obligations including maintenance, insurance, and use restrictions
11. Default and Remedies: Events of default and available remedies for both parties
12. Termination: Circumstances and procedures for termination of the agreement
13. Governing Law and Jurisdiction: Specification of UAE law and jurisdiction
14. Notices: How formal notices between parties should be given
15. General Provisions: Standard boilerplate clauses including assignment, amendments, and severability
1. Security Interest: Details of any security interest retained in the goods - used when additional security is required
2. Insurance Requirements: Detailed insurance obligations - used for high-value items or where specific risks need coverage
3. Early Payment Options: Terms for early payment or full settlement - used when early payment discounts are offered
4. Maintenance and Servicing: Maintenance requirements - used for complex equipment or machinery
5. Third-Party Rights: Rights of financing parties or guarantors - used when external financing is involved
6. Export/Import Requirements: Compliance with trade regulations - used for international transactions
7. Installation and Training: Terms for setup and training - used for technical equipment or systems
1. Schedule 1 - Description of Goods: Detailed specifications, serial numbers, and condition of goods
2. Schedule 2 - Payment Schedule: Detailed breakdown of installment amounts and due dates
3. Schedule 3 - Delivery Details: Specific delivery instructions, location, and timing
4. Schedule 4 - Warranty Terms: Detailed warranty terms and conditions
5. Appendix A - Required Insurance Coverage: Specific insurance requirements and minimum coverage
6. Appendix B - Maintenance Schedule: Required maintenance and servicing schedule
7. Appendix C - Form of Payment Notice: Template for payment notices and reminders
Automotive
Heavy Equipment
Industrial Machinery
Consumer Electronics
Office Equipment
Construction Equipment
Medical Equipment
Manufacturing
Retail
Technology
Real Estate
Transportation
Legal
Finance
Sales
Credit Control
Compliance
Risk Management
Operations
Commercial
Procurement
Collections
Business Development
Legal Counsel
Commercial Director
Finance Manager
Sales Manager
Credit Controller
Contracts Administrator
Risk Manager
Compliance Officer
Business Development Manager
Operations Manager
Chief Financial Officer
Procurement Manager
General Counsel
Collections Manager
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