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1. Parties: Identification of buyer and seller with full legal names, addresses, and commercial registration details as required under Saudi law
2. Background: Context of the transaction and brief description of the asset(s) being purchased
3. Definitions: Key terms used throughout the agreement, including Arabic legal terms where relevant
4. Asset Description: Detailed description of the asset(s) being purchased, including all relevant identifying information
5. Purchase Price and Payment Terms: Purchase price, payment schedule, and method of payment in compliance with Shariah principles
6. Closing Conditions: Conditions that must be satisfied before the transfer of ownership can occur
7. Representations and Warranties: Statements of fact by both parties regarding their capacity to enter into the agreement and the condition of the asset
8. Transfer of Title and Risk: Provisions regarding when and how ownership and risk transfer to the buyer
9. Taxes and Fees: Allocation of responsibility for VAT, transfer fees, and other applicable taxes
10. Governing Law and Jurisdiction: Confirmation of Saudi law as governing law and specification of competent courts
11. Execution: Signature blocks and execution requirements compliant with Saudi law
1. Foreign Investment Provisions: Required when the buyer is a foreign entity, addressing SAGIA requirements and restrictions
2. Shariah Compliance Declaration: Explicit statement of Shariah compliance, often included for financial institutions or when required by parties
3. Environmental Matters: Required for industrial assets or real estate with potential environmental implications
4. Employee Matters: Needed when the asset purchase involves transfer of employees or labor considerations
5. Intellectual Property Rights: Required when the assets include intellectual property or associated rights
6. Third Party Consents: Include when the transfer requires approval from government authorities or other third parties
7. Post-Closing Obligations: Details ongoing obligations after closing, if any
8. Force Majeure: Optional clause addressing unforeseen circumstances preventing performance
1. Asset Schedule: Detailed inventory and description of all assets being purchased
2. Due Diligence Documents: List of documents provided during due diligence process
3. Required Permits and Licenses: List of governmental approvals and licenses associated with the assets
4. Encumbrances: Details of any existing liens, charges, or other encumbrances on the assets
5. Price Allocation: Breakdown of purchase price across different asset categories for tax purposes
6. Transfer Documents: Forms and documents required for legal transfer under Saudi law
7. Compliance Certificates: Copies of relevant compliance certificates and regulatory approvals
Manufacturing
Real Estate
Industrial
Technology
Healthcare
Energy
Transportation
Retail
Financial Services
Construction
Agriculture
Mining
Telecommunications
Hospitality
Legal
Finance
Procurement
Compliance
Risk Management
Operations
Business Development
Investment
Treasury
Asset Management
Due Diligence
Corporate Affairs
Commercial Operations
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Corporate Lawyer
Finance Manager
Asset Manager
Procurement Manager
Business Development Manager
Investment Director
Compliance Officer
Risk Manager
Property Manager
Operations Director
Commercial Director
Treasury Manager
Due Diligence Specialist
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