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Conditions Of Sale Contract
"I need a Conditions of Sale Contract for my manufacturing company based in Penang, Malaysia, to sell industrial machinery to corporate buyers, with specific provisions for installation services and a 12-month warranty period starting March 2025."
1. Parties: Identification and details of the seller and buyer, including registration numbers for companies
2. Background: Context of the sale and brief description of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Subject Matter of Sale: Detailed description of the goods being sold
5. Purchase Price: Price, payment terms, and payment method
6. Delivery Terms: Delivery schedule, location, and conditions
7. Title and Risk: Transfer of ownership and risk in the goods
8. Warranties and Representations: Seller's warranties regarding the goods and general representations
9. Inspection and Acceptance: Buyer's rights to inspect goods and acceptance procedures
10. Default and Remedies: Consequences of default and available remedies
11. Force Majeure: Circumstances excusing performance
12. Governing Law: Confirmation of Malaysian law as governing law
13. Dispute Resolution: Process for resolving disputes
14. Notices: How formal notices should be given between parties
15. General Provisions: Standard boilerplate clauses including severability, entire agreement, etc.
1. Intellectual Property Rights: Required when the sale involves goods with intellectual property components
2. Export/Import Requirements: Necessary for international sales or goods requiring special permits
3. Insurance: Details of required insurance coverage, relevant for high-value goods
4. Confidentiality: Required when sensitive information is shared during the transaction
5. Assignment: Rights to assign the contract, important for corporate transactions
6. Training and Support: Needed when the goods require special handling or operation
7. Return Policy: Terms for returning goods, important for retail sales
8. Warranty Period: Extended warranty terms beyond statutory requirements
1. Schedule 1 - Specification of Goods: Detailed technical specifications and descriptions of the goods
2. Schedule 2 - Pricing Schedule: Detailed breakdown of prices, especially for multiple items
3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and locations
4. Schedule 4 - Quality Standards: Specific quality requirements and standards
5. Schedule 5 - Warranty Terms: Detailed warranty conditions and procedures
6. Appendix A - Required Documents: List of documents required for the sale
7. Appendix B - Testing Procedures: Procedures for testing and accepting the goods
8. Appendix C - Service Level Requirements: If applicable, service levels for after-sales support
Authors
Business Day
Buyer
Commencement Date
Confidential Information
Contract Price
Defect
Delivery Date
Delivery Location
Deposit
Force Majeure Event
Goods
Intellectual Property Rights
Invoice
Loss
Notice
Party
Payment Terms
Purchase Order
Quality Standards
Ringgit Malaysia
Seller
Specification
Warranty Period
Working Hours
Sale and Purchase
Price and Payment
Delivery
Title and Risk
Quality Assurance
Warranties
Inspection and Testing
Acceptance
Rejection
Returns
Insurance
Intellectual Property
Confidentiality
Force Majeure
Termination
Default
Indemnification
Limitation of Liability
Assignment
Subcontracting
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Waiver
Amendment
Third Party Rights
Counterparts
Retail
Manufacturing
Wholesale Trade
Electronics
Automotive
Construction
Consumer Goods
Industrial Equipment
Agriculture
Textiles
Food and Beverage
Technology
Furniture
Medical Supplies
Mining
Legal
Sales
Procurement
Commercial
Operations
Supply Chain
Compliance
Risk Management
Business Development
Contract Administration
Sales Manager
Procurement Manager
Commercial Director
Legal Counsel
Contract Administrator
Business Development Manager
Operations Manager
Supply Chain Manager
Chief Commercial Officer
Purchasing Officer
Compliance Officer
Risk Manager
General Manager
Chief Executive Officer
Sales Director
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