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1. Parties: Identification of buyer and seller with full legal names and addresses
2. Background: Context of the transaction and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Sale and Purchase: Core transaction terms including description of goods and basic commercial terms
5. Purchase Price: Detailed breakdown of pricing, currency, and tax implications
6. Payment Terms: Payment schedule, method, and conditions in compliance with Nigerian banking regulations
7. Delivery: Delivery terms, timeline, location, and transfer of risk
8. Title and Risk: Transfer of ownership and risk allocation
9. Warranties and Representations: Standard warranties regarding goods quality, ownership, and compliance with laws
10. Inspection and Acceptance: Process and criteria for goods inspection and acceptance/rejection
11. Term and Termination: Duration of agreement and circumstances for termination
12. Force Majeure: Events excusing performance and their consequences
13. Dispute Resolution: Process for resolving disputes under Nigerian law
14. Governing Law: Specification of Nigerian law as governing law
15. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Import/Export Requirements: For international transactions, including customs and regulatory compliance
2. Intellectual Property Rights: When the goods involve IP rights or technology transfer
3. Insurance: Specific insurance requirements beyond standard coverage
4. Security Interest: For installment payments requiring security over goods
5. Quality Assurance: Detailed quality standards and testing procedures for complex goods
6. Training and Support: When product requires seller to provide training or ongoing support
7. Confidentiality: For transactions involving sensitive information exchange
8. Environmental Compliance: For goods subject to environmental regulations
9. Local Content Requirements: When Nigerian local content laws apply to the transaction
1. Schedule 1 - Product Specifications: Detailed technical specifications of goods
2. Schedule 2 - Pricing Schedule: Detailed pricing breakdown including any volume discounts
3. Schedule 3 - Payment Schedule: Detailed payment milestones and amounts
4. Schedule 4 - Delivery Schedule: Detailed delivery timeline and locations
5. Schedule 5 - Acceptance Testing Procedures: Specific procedures for testing and accepting goods
6. Schedule 6 - Warranty Terms: Detailed warranty terms and claim procedures
7. Appendix A - Required Documentation: List of required certificates, permits, and documentation
8. Appendix B - Form of Payment Guarantee: Standard form for any required payment guarantees
9. Appendix C - Quality Standards: Applicable quality standards and certifications
Manufacturing
Oil and Gas
Agriculture
Technology
Construction
Retail
Mining
Telecommunications
Automotive
Healthcare
Energy
Consumer Goods
Industrial Equipment
Textiles
Food and Beverage
Legal
Procurement
Finance
Commercial
Operations
Supply Chain
Risk Management
Compliance
Treasury
Sales
Business Development
Procurement Manager
Commercial Director
Chief Financial Officer
Legal Counsel
Contract Manager
Supply Chain Manager
Finance Director
Operations Manager
Purchasing Officer
Business Development Manager
Risk Manager
Compliance Officer
Treasury Manager
General Counsel
Sales Director
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