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Contract To Sell Template
"I need a Contract to Sell Template for selling my manufacturing equipment to another business in Queensland, Australia, with completion scheduled for March 2025 and including provisions for installation and training services."
1. Parties: Identifies and provides full details of the seller and buyer, including ACN/ABN for companies
2. Background: Provides context for the sale and brief description of the transaction
3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out interpretation rules
4. Sale and Purchase: Details the core agreement to sell and purchase, including description of goods/property being sold
5. Purchase Price: Specifies the purchase price, payment terms, and payment method
6. Completion: Details the completion or settlement process, including timing and location
7. Seller's Obligations: Lists all obligations of the seller, including warranties about the goods/property
8. Buyer's Obligations: Lists all obligations of the buyer, including payment and acceptance obligations
9. Risk and Title: Specifies when risk and title pass from seller to buyer
10. Default and Termination: Outlines events of default and consequences, including termination rights
11. Disputes: Sets out dispute resolution process
12. General Provisions: Standard boilerplate clauses including notices, governing law, and entire agreement
13. Execution: Formal execution block for parties to sign
1. Conditions Precedent: Used when completion is subject to certain conditions being satisfied
2. Due Diligence: Include when buyer has right to conduct investigations before completion
3. Adjustments: Required when price adjustments may be needed based on stock takes or other factors
4. Insurance: Include specific insurance requirements if relevant to the sale
5. Intellectual Property: Required when sale includes IP rights
6. Employees: Include when sale involves transfer of employees
7. Confidentiality: Add when transaction involves sensitive information
8. GST: Include detailed GST provisions for business or commercial sales
9. Third Party Consents: Required when sale needs approval from third parties
1. Schedule 1 - Description of Goods/Property: Detailed description of what is being sold
2. Schedule 2 - Purchase Price Calculation: Breakdown of purchase price components if complex
3. Schedule 3 - Completion Checklist: List of items to be delivered/actions to be taken at completion
4. Schedule 4 - Warranties: Detailed warranties given by the seller
5. Schedule 5 - Encumbrances: List of any encumbrances affecting the sale items
6. Appendix A - Form of Transfer: Standard form documents required for transfer
7. Appendix B - Required Consents: List of required third party consents if applicable
Authors
Applicable Laws
Assets
Business Day
Claim
Completion
Completion Date
Conditions Precedent
Confidential Information
Contract Price
Default Event
Deposit
Effective Date
Encumbrance
Force Majeure Event
GST
GST Act
GST Law
Intellectual Property Rights
Interest Rate
Liability
Loss
Material Adverse Change
Notice
Party/Parties
Payment Date
Permitted Encumbrance
Purchase Price
Related Body Corporate
Related Entity
Representative
Sale Property
Security Interest
Seller's Warranties
Specified Assets
Tax
Term
Territory
Third Party Claim
Title Documents
Transaction Documents
Transfer Date
Warranties
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Deposit
Completion
Conditions Precedent
Due Diligence
Title and Risk
Warranties
Representations
Seller Obligations
Buyer Obligations
GST
Transfer of Title
Encumbrances
Security Interests
Confidentiality
Intellectual Property
Insurance
Default
Termination
Force Majeure
Assignment
Notices
Dispute Resolution
Governing Law
Jurisdiction
Entire Agreement
Severability
Waiver
Variation
Costs
Time of Essence
Further Assurance
Counterparts
Electronic Execution
Retail
Manufacturing
Wholesale
Real Estate
Technology
Professional Services
Agriculture
Mining
Construction
Consumer Goods
Industrial Equipment
Automotive
Legal
Sales
Commercial
Procurement
Operations
Risk and Compliance
Finance
Business Development
Corporate Secretariat
Executive Leadership
Legal Counsel
Contract Manager
Sales Manager
Business Development Manager
Commercial Director
Procurement Manager
Company Secretary
Operations Manager
General Manager
CEO
CFO
Risk Manager
Compliance Officer
Legal Administrator
Sales Director
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