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Private Sale Contract Template
"I need a Private Sale Contract Template for selling my manufacturing equipment to another company in Dubai, with payment to be made in three installments and delivery scheduled for March 2025."
1. Parties: Identification of seller and buyer with full legal names and addresses
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Key terms used throughout the agreement
4. Subject Matter of Sale: Detailed description of the item(s) being sold
5. Purchase Price: Amount, currency, and payment terms
6. Payment Terms: Schedule of payments, method of payment, and payment conditions
7. Delivery: Timing, location, and method of delivery
8. Title and Risk: Transfer of ownership and risk in the goods
9. Seller's Warranties: Warranties regarding ownership, condition, and quality of goods
10. Buyer's Obligations: Responsibilities of the buyer including inspection and acceptance
11. Termination: Circumstances under which the contract may be terminated
12. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction details
13. Notices: How formal communications between parties should be made
14. Entire Agreement: Contract represents complete understanding between parties
1. Condition Precedents: Include when sale is subject to specific conditions being met before completion
2. Installation: Include when seller is responsible for installing the sold item
3. Training: Include when seller must provide training on use of sold item
4. Intellectual Property: Include when sale involves transfer of IP rights
5. Confidentiality: Include when sensitive information will be shared during transaction
6. Force Majeure: Include when parties want specific provisions for unforeseen circumstances
7. Insurance: Include when specific insurance requirements apply during transition period
8. Maintenance and Support: Include when post-sale support is part of agreement
1. Schedule 1 - Product Specification: Detailed technical specifications of items being sold
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment installments and dates
3. Schedule 3 - Delivery Schedule: Detailed timeline for delivery if multiple items/phases
4. Schedule 4 - Warranty Terms: Detailed warranty conditions and procedures
5. Appendix A - Condition Report: Current condition of items being sold if pre-owned
6. Appendix B - Required Documents: List of documents to be provided with the sold items
7. Appendix C - Acceptance Criteria: Specific criteria for accepting the goods
8. Appendix D - Registration Documents: Copies of relevant registration or ownership documents
Authors
Applicable Law
Business Day
Completion
Completion Date
Confidential Information
Contract Price
Defect
Delivery
Delivery Date
Delivery Location
Deposit
Effective Date
Encumbrance
Force Majeure Event
Goods
Inspection Period
Intellectual Property Rights
Liability
Loss
Material Adverse Change
Notice
Party/Parties
Payment Terms
Purchase Price
Representatives
Sale Assets
Seller's Warranties
Specification
Term
Territory
Title
Transaction
Transfer
UAE
Warranty Period
Working Hours
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Completion
Delivery
Title and Risk
Warranties
Representations
Inspection and Acceptance
Defects
Returns
Liability
Indemnification
Insurance
Confidentiality
Intellectual Property
Force Majeure
Default
Termination
Consequences of Termination
Assignment
Notices
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendment
Waiver
Third Party Rights
Language
Counterparts
Costs and Expenses
Retail
Manufacturing
Automotive
Real Estate
Technology
Consumer Goods
Industrial Equipment
Luxury Goods
Art and Collectibles
Electronics
Furniture and Home Goods
Medical Equipment
Agricultural Equipment
Construction Equipment
Legal
Sales
Procurement
Commercial
Operations
Risk and Compliance
Finance
Business Development
Contract Administration
Asset Management
Legal Counsel
Contract Manager
Sales Manager
Procurement Manager
Business Development Manager
Commercial Director
Operations Manager
General Manager
CEO
Managing Director
Risk Manager
Compliance Officer
Finance Manager
Asset Manager
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